About
Root Insurance sells car insurance to drivers, with a mobile app for managing policies and submitting claims. Where telematics is used, the app collects smartphone sensor data over a few weeks to assess driving habits and calculate a quote based primarily on driving behavior.
Leaders
Key facts
- Region
- Dallas
- Dallas relationship
- Dallas office
- Headquarters
- Columbus, OH
- Employees
- Enterprise · 1,001–5,000 employees
- Founded
- 2015
- Vertical industry
- Financial Services
- Total funding
- $508M
- Funding type
- Public
Funding history
| Date | Round | Amount | Investors |
|---|---|---|---|
| Jan 27, 2022 | Debt Financing | Undisclosed | BlackRocklead |
| Aug 20, 2019 | Series E | $350M | CoatueleadDST GloballeadDrive CapitalRedpoint VenturesRibbit CapitalScale Venture PartnersTiger Global |
| Aug 22, 2018 | Series D | $100M | Tiger GloballeadRedpoint VenturesRibbit CapitalScale Venture Partners |
| Mar 27, 2018 | Series C | $51M | Redpoint VenturesleadRibbit CapitalScale Venture PartnersSVB Capital |
| Oct 25, 2016 | Undisclosed | $7M | Drive CapitalleadSilicon Valley Bank |
Frequently asked questions about Root Insurance
Does Root Insurance have a Dallas office?
Root Insurance has an office in Dallas, TX.
When was Root Insurance founded?
Root Insurance was founded in 2015.
How much funding has Root Insurance raised?
Root Insurance has raised $508M in verified disclosed funding across all rounds tracked on Gregslist Dallas.
Who founded Root Insurance?
Root Insurance was founded by Alex Timm.
Is Root Insurance hiring?
Yes — Root Insurance lists open roles on its careers page.
