Roots Automation, Inc.
PrivateLast Round
Series B
Sep 17, 2024
Total Funding Raised
$39.65M
Company Overview
Roots Automation, Inc. is an insurance software company that provides an AI-powered platform with 'Digital Coworkers' designed to automate complex operational processes for the insurance industry.
Sector
Enterprise Software
Verticals
InsurTech, Workflow Automation, NLP & Conversational AI, Document Management, Low-Code/No-Code
Business Model
B2B
Customer Profile
Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Roots Automation, Inc. Comparables
Compare Roots Automation, Inc. with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Sixfold | 85% | |
| mea Platform | 84% | |
| Gradient AI | 82% | |
Roots Automation, Inc. Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Sep 17, 2024 | ||||
| Strategic | Jan 18, 2024 | ||||
| Series A | Nov 1, 2022 | ||||
| Seed | Nov 11, 2020 | ||||
| Seed | Oct 13, 2020 |
Roots Automation, Inc. Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Erie Strategic Ventures | Strategic |
| Liberty Mutual Strategic Ventures | Series A, Series B |
| Vestigo Ventures | Series A, Series B, Seed |
| Harbert Growth Partners | Series B |
| MissionOG | Series B, Series A |
| CRV | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 29, 2025
Frontline Insurance selected AI agents for claims and underwriting.
- Nov 1, 2022
$10M round led by MissionOG.
Roots Automation, Inc. Filings
SEC and related filings with document metadata.
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|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Roots Automation, Inc.'s valuation, stock price, and market status.