Root prices IPO 8% above top of range to attain $6.7bn valuation
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Root prices IPO 8% above top of range to attain $6.7bn valuation

root-logo-2-ohio.jpg

Auto insurer Root priced its IPO shares 8% above the top of an indicative range yesterday to raise $654.7mn in proceeds and attain a market value of $6.7bn.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article