OverviewSuggest Edit
Root is an end-to-end digital insurance platform that enables users to launch new products and digital engagement channels. It is used to design insurance products through various data sets, AI and machine learning techniques, on-demand pricing models, etc.
| Type | Private | |
| Founded | 2016 | |
| HQ | Cape Town, ZA | Map |
| Website | root.co.za |
Latest Updates
| Employees (est.) (Apr 2022) | 44 | (+10%) |
| Cybersecurity rating | A | More |
Root Office Locations
Root has an office in Cape Town
Cape Town, ZA (HQ)
43 Somerset Rd, Green Point
Root Financials and Metrics
Summary Metrics
Founding Date | 2016 |
Root total Funding | $3 m |
Root latest funding size | $3 m |
Time since last funding | 6 months ago |
Root investors | InVenFin, Savannah Fund, P1 Ventures, Luno, FireID, Base Capital |
Root's latest funding round in November 2021 was reported to be $3 m. In total, Root has raised $3 m
Root Cybersecurity Score
Root Online and Social Media Presence
692 Twitter followers
Root has 692 Twitter Followers. The number of followers has decreased 0.3% month over month and decreased 1.1% quarter over quarter
Root's Trends
Twitter Engagement Stats for @rootplatform
119
Tweets
506
Following
692
Followers
3
Tweets last 30 days
0
Avg. likes per Tweet
33.3%
Tweets with engagement
Root News and Updates
November 11, 2021
South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe
In Africa, one startup is carving a niche for itself. By way of using APIs, Root is helping businesses and developers launch insurance products faster than the traditional way. The company, based in South Africa, has raised $3 million in seed funding to scale outside the country and build the infras…
Root Frequently Asked Questions
When was Root founded?
Root was founded in 2016.
How many employees does Root have?
Root has 44 employees.
Who are Root competitors?
Competitors of Root include WeRize, Quickinsure and SeguroInteligente.mx.
Where is Root headquarters?
Root headquarters is located at 43 Somerset Rd, Green Point, Cape Town.
Where are Root offices?
Root has an office in Cape Town.
How many offices does Root have?
Root has 1 office.
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