Root

Root Insurance Company reports near-$50mn Q3 loss

New filings show the InsurTech is expanding far faster than either Lemonade or Metromile but its losses have almost doubled.

Bernard Goyder, November 27, 2019
Root adds $100mn in debt raise to $350mn Series E

Root has confirmed that the round was at a valuation of $3.65bn.

Bernard Goyder, September 09, 2019
Root $3.65bn valuation ‘makes no sense’: IoT Observatory’s Carbone

The IoT Observatory director said investors are desperate to back start-ups that promise to disrupt the distribution chain.

Bernard Goyder, August 20, 2019
Root valued at $3.65bn in $350mn Series E round

The latest fundraise comes after the auto carrier entered the Californian market.

Bernard Goyder, August 19, 2019
Root GE appointments signal potential exit ramp

CEO and Co-Founder Alex Timm said the company needs someone who can focus on managing growth.

Bernard Goyder, August 15, 2019

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