Root Revenue and Competitors
Estimated Revenue & Valuation
- Root's estimated annual revenue is currently $303.1M per year.
- 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.
- Root grew their employee count by -2% last year.
Root Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $76.5M | 400 | -36% | $481.9M | $1.3B |
#2 | $2.3M | 0 | N/A | CN¥308M | N/A |
#3 | $4618.2M | 20617 | N/A | N/A | N/A |
#4 | $5.4M | 35 | -26% | $13M | N/A |
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's People
| Name | Title | Email/Phone |
|---|---|---|
1 | Treasurer | Reveal Email/Phone |
2 | Chief Technology Officer | Reveal Email/Phone |
3 | Pricing Manager and Actuary | Reveal Email/Phone |
4 | Total Loss Specalist II | Reveal Email/Phone |
5 | Director Candidate Experience | Reveal Email/Phone |
6 | Chief Evangelist | Reveal Email/Phone |
7 | Co-Founder & CEO | Reveal Email/Phone |
8 | Chief Communications Officer | Reveal Email/Phone |
9 | Actuarial Analyst | Reveal Email/Phone |
10 | Analyst | Reveal Email/Phone |
Root News
In the season finale of PBS' Finding Your Roots, Andre Leon Talley gets some surprise information about his past.
In the season finale of PBS' Finding Your Roots, Andre Leon Talley gets some surprise information about his past.
CLEVELAND, Ohio --Chameleonic actor Stephen Root has been a scene-stealer for decades. Memorable sublime roles include portraying the red...
CLEVELAND, Ohio --Chameleonic actor Stephen Root has been a scene-stealer for decades. Memorable sublime roles include portraying the red...
Other Companies in Columbus
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $260.4M | 741 | 3% | N/A |
#2 | $103.9M | 742 | 5% | N/A |
#3 | $218.4M | 743 | 3% | N/A |
#4 | $300M | 749 | 10% | N/A |
#5 | $300M | 754 | 8% | N/A |
Root Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2018-03-28 | $51.0M | C | Redpoint Ventures | Article |
| 2018-08-23 | $100.0M | D | Tiger Global Management | Article |