Root Insurance Company Growth, Revenue, Number of Employees and Funding
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Overview
Estimated Revenue & Financials
- Root Insurance Company's estimated revenue is currently $67.5M per year.
- Root Insurance Company received $100.0M in venture funding in August 2018.
- Root Insurance Company's estimated revenue per employee is $117631
- Root Insurance Company's total funding is $151M.
Employee Data
- Root Insurance Company has 574 Employees.
- Root Insurance Company grew their employee count by 165% last year.
- Root Insurance Company currently has 38 job openings.
Executive Contacts
| Name | Title |
|---|---|
| Wes Kull | Design Director |
| Alex Carges | Chief Actuary |
| Cindy Powell | Chief Financial Officer |
| Travis Mccleery | Chief Creative Officer |
| Eric Sauerhoff | VP of Finance |
| Jason Latham | VP Customer Service |
| Nick Hartmann | Director and Actuary |
| Corinne Evans | Director of Operations |
| Joseph Plattenburg | Director of Telematics Data Science |
| Kumi Walker | Senior Vice President, Business and Corporate Development |
What Is Root Insurance Company?
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:N/A574
Number of Employees
$67.5M
Revenue (est)
38
Current Jobs
165%
Employee Growth %
$151M
Total Funding
$1B
Valuation
N/A
Accelerator
N/A
Type
Similar Companies
| Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
| $7.4M | 36 | 44% | $3M | |
| N/A | 165 | -7% | ||
| N/A | 63 | -3% | ||
| $8.6M | 32 | -24% | ||
| $67.5M | 574 | 165% | $151M | |
| $8M | 49 | 2% | $5.1M |
Root Insurance Company 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 |
Root Insurance Company Executive Hires
| Date | Name | Title | Reference |
|---|---|---|---|
| 2019-03-11 | Dave Luketic | Dir Government Relations | Article |
Root Insurance Company Hiring Plans
| Date | Number of Employees | Location | Reference |
|---|---|---|---|
| 2018-05-22 | 460 | Columbus | Article |