Root Insurance is an insurance technology company offering car insurance founded in 2002.
On October 25, 2016 Root Insurance completed their series A funding round with $5 million in funding from Drive Capital.
On June 1, 2017 Root Insurance completed their series B funding round with $21.5 million in funding from Ribbit Capital (lead investor), Silicon Valley Bank, and Drive Capital.
On March 27, 2018 Root Insurance completed their series C funding round with $51 million in funding from Redpoint (lead investor), Scale Venture Partners, Ribbit Capital, and Silicon Valley Bank.
On August 22, 2018 Root Insurance completed their series D funding round with $100 million in funding from Tiger Global Management (lead investor), Scale Venture Partners, Ribbit Capital, and Redpoint.