OverviewSuggest Edit

Root Insurance is a company that provides car insurance services. It uses smartphone technology and data science to understand actual driving behavior and determines personal automobile insurance rates allowing consumers to get car insurance based on their driving habits.

HQColumbus, OH, US
Employee Ratings3.1
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)1,007(+12%)
Job Openings3
Revenue (FY, 2021)$345.4 M(+8%)
Share Price (Aug 2022)$1.3(+4%)
Cybersecurity ratingAMore
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Key People/Management at Root

Alex Timm

Alex Timm

Co-Founder and Chief Executive Officer
Anirban Kundu

Anirban Kundu

Chief Technology Officer
Kelly Ruoff

Kelly Ruoff

Chief Brand Officer
Daniel Rosenthal

Daniel Rosenthal

Chief Financial Officer
Lauren Gruenebaum

Lauren Gruenebaum

Chief Growth Officer
Kumi Walker

Kumi Walker

Chief Business Development and Strategy Officer
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Root Office Locations

Root has an office in Columbus
Columbus, OH, US (HQ)
80 E Rich St #500
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Root Financials and Metrics

Root Revenue

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Root's revenue was reported to be $345.4 m in FY, 2021

Revenue (FY, 2021)


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Market capitalization (4-Aug-2022)


Closing stock price (4-Aug-2022)


Cash (31-Dec-2021)

Root's current market capitalization is $196.9 m.
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Root Operating Metrics

H1, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020H1, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021H1, 2021Q3, 2021FY, 2021

In-Force Policies (Auto)

220.54 k242.63 k281.31 k334.21 k334.33 k334.33 k322.42 k322.76 k360.29 k373.72 k373.72 k380.84 k354.37 k

In-Force Policies (Renters)

8251.75 k3.16 k5.97 k5.97 k7.37 k7.74 k8.84 k9.1 k9.1 k9.14 k8.8 k

Premiums per Policy (Auto)

$805$877$904$889$909$909$929$939$958$971$971$986$1.01 k

Premiums per Policy (Renters)


Root Acquisitions / Subsidiaries

Company NameDateDeal Size
Caret Holdings, Inc.
Root Enterprise, LLC
Root Insurance Agency, LLC
Root Insurance Company
Root Lone Star Insurance Agency, Inc.
Root Property & Casualty Insurance Company
Root Reinsurance Company, Ltd.
Root Scout, LLC

Root Cybersecurity Score

Cybersecurity ratingPremium dataset



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Root Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


out of 100

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Root Online and Social Media Presence

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Root Company Culture

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Root News and Updates

Bubba Wallace is unapologetic in striking new Root Insurance ad

The celebrated NASCAR driver was directly involved in the creative process, and the brand is aiming to show it’s a different kind of insurer. One of the few drivers that people who don’t follow NASCAR can name is Bubba Wallace, and he’s never even won a major race. Of course, he is one of the best …

Root Insurance is targeting a $6 billion valuation in an upcoming IPO

Summary List PlacementThe US-based insurtech has filed for an IPO, per TechCrunch. Root has raised a total of $523 million in funding to date and is valued at $3.7 billion, though it's targeting a $6 billion IPO valuation. The full-stack insurtech sells auto, renters, and homeowners insurance, and i…

Root Insurance racks up $350 mln Series E

Columbus, Ohio-based Root Insurance, a property casualty insurtech company, has secured $350 million in Series E funding. DST Global and Coatue led the round with participation from Drive Capital, Redpoint Ventures, Ribbit Capital, Scale Venture Partners and Tiger Global Management.

Root Insurance Company Joins the Verisk Data Exchange

Insurer can use connected car data to improve safe driving discounts Insurer can use connected car data to improve safe driving discounts

A new unicorn is born: Root Insurance raises $100 million for a $1 billion valuation

Root Insurance, an Ohio-based car insurance startup with a tech twist, said Wednesday it has raised $100 million in a Series D funding round led of Tiger Global Management, pushing the company’s valuation to $1 billion.  Redpoint Ventures, Ribbit Capital, and Scale Venture Partners all participated …

Root Blogs

We’re dropping credit score from car insurance pricing by 2025. Here’s why.

We believe your price should be determined by how well you drive, not who you are. That’s why we’re announcing our commitment to removing credit scoring from our pricing model.

What happens when car insurance lapses?

Here’s how to avoid fees and penalties from having a lapse in insurance coverage—or how to get a new policy if you can’t. It’s easy to get reinsured with Root.

Car insurance for college students

College student? If you’re bringing a car to campus, read this first. Find out about car insurance options and check out Root today.

How no-fault insurance works

Do you need no-fault car insurance? Find out which states require drivers by law to carry no-fault auto insurance coverage.

How to choose an insurance deductible

Need a car insurance deductible? You do for Collision or Comprehensive coverage. Here, we cover the basics, including the definition of a deductible and when you need one.

Eyes on the skies, Santa

Santa covers a lot of miles to deliver all those presents. But what would it mean if he were distracted by his phone while flying? Here, we dig into the data.
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Root Frequently Asked Questions

  • When was Root founded?

    Root was founded in 2015.

  • Who are Root key executives?

    Root's key executives are Alex Timm, Anirban Kundu and Kelly Ruoff.

  • How many employees does Root have?

    Root has 1,007 employees.

  • What is Root revenue?

    Latest Root annual revenue is $345.4 m.

  • What is Root revenue per employee?

    Latest Root revenue per employee is $343 k.

  • Who are Root competitors?

    Competitors of Root include Go, BGL Group and RenewBuy.

  • Where is Root headquarters?

    Root headquarters is located at 80 E Rich St #500, Columbus.

  • Where are Root offices?

    Root has an office in Columbus.

  • How many offices does Root have?

    Root has 1 office.