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.
TypePrivate
Founded2016
HQCape Town, ZA
Websiteroot.co.za

Latest Updates

Employees (est.) (Apr 2022)44(+10%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Root Office Locations

Root has an office in Cape Town
Cape Town, ZA (HQ)
43 Somerset Rd, Green Point
Show all (1)

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

Root's latest funding round in November 2021 was reported to be $3 m. In total, Root has raised $3 m
Show all financial metrics

Root Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Root Online and Social Media Presence

Embed Graph

Root News and Updates

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.