Root Revenue and Competitors

Location

$827.5M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Root's estimated annual revenue is currently $303.1M per year.(i)
  • Root received $100.0M in venture funding in August 2018.
  • Root's estimated revenue per employee is $414,637
  • Root's total funding is $827.5M.
  • Root's current valuation is $679.2M. (January 2022)

Employee Data

  • Root has 731 Employees.(i)
  • Root grew their employee count by -2% last year.

Root's People

NameTitleEmail/Phone
1
Co-Founder & CEOReveal Email/Phone
2
Chief Information Security OfficerReveal Email/Phone
3
Chief EvangelistReveal Email/Phone
4
Chief Communications OfficerReveal Email/Phone
5
Data Scientist IIReveal Email/Phone
6
Chief Administrative OfficerReveal Email/Phone
7
Chief Technology OfficerReveal Email/Phone
8
Director Candidate ExperienceReveal Email/Phone
9
Training and Development ManagerReveal Email/Phone
10
Pricing Manager and ActuaryReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$76.5M400-36%$481.9M$1.3B
#2
$2.3M0N/ACN¥308MN/A
#3
$4618.2M20617N/AN/AN/A
#4
$5.4M35-26%$13MN/A
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What Is Root?

Root is the first insurance company founded on the principle of fundamental fairness. We create personalized products that give good drivers the protection they deserve. At Root we only insure good drivers, and that is why our rates are always fair. Unlike other insurance companies, we do not bundle good drivers with bad drivers. Instead, we use data science to find and reward good drivers with the best rates. Root is headquartered in Columbus, Ohio. The company is an official carrier licensed by the Arkansas, Arizona, Delaware, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Montana, New Mexico, Ohio, Oklahoma, Pennsylvania, Texas, and Utah Departments of Insurance, a member of the Ohio Guarantee Fund, and backed by the largest reinsurance company in the world.

keywords:Mobile, Automotive, Insurance, Technology, Mobile Application, Insurtech

$827.5M

Total Funding

731

Number of Employees

$303.1M

Revenue (est)

-2%

Employee Growth %

$679.2M

Valuation

N/A

Accelerator

Root News

2022-04-20 - Andre Leon Talley Learned Truth About His Ancestors Before His Death

In the season finale of PBS' Finding Your Roots, Andre Leon Talley gets some surprise information about his past.

2022-04-20 - Andre Leon Talley Learned Truth About His Ancestors Before His Death

In the season finale of PBS' Finding Your Roots, Andre Leon Talley gets some surprise information about his past.

2022-04-20 - GOAT character actor Stephen Root discusses new season of ‘Barry,’ Ohio State Buckeyes football and red-stapl

CLEVELAND, Ohio --Chameleonic actor Stephen Root has been a scene-stealer for decades. Memorable sublime roles include portraying the red...

2022-04-20 - GOAT character actor Stephen Root discusses new season of ‘Barry,’ Ohio State Buckeyes football and red-stapl

CLEVELAND, Ohio --Chameleonic actor Stephen Root has been a scene-stealer for decades. Memorable sublime roles include portraying the red...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$260.4M7413%N/A
#2
$103.9M7425%N/A
#3
$218.4M7433%N/A
#4
$300M74910%N/A
#5
$300M7548%N/A

Root Funding

DateAmountRoundLead InvestorsReference
2018-03-28$51.0MCRedpoint VenturesArticle
2018-08-23$100.0MDTiger Global ManagementArticle