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Industries
Fintech
Financial Services
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Columbus, Ohio
Founded
2015
Root Insurance provides auto insurance primarily for good drivers, utilizing technology to create a straightforward and efficient insurance experience. The company gathers telematics data from customers' smartphones to assess driving behavior and determine personalized insurance rates. By operating on a direct-to-consumer model, Root eliminates the need for traditional insurance agents, which helps reduce costs and allows them to offer competitive pricing. This focus on fair pricing and customer service has led to high customer satisfaction ratings. Root's use of technology to streamline the insurance process and tailor rates to individual drivers distinguishes it from traditional insurance companies, with the goal of making insurance more accessible and affordable for responsible drivers.
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Total Funding
$1686.6M
Above
Industry Average
Funded Over
10 Rounds
Flexible Work Hours
Remote Work Options
Health Insurance
401(k) Retirement Plan
Paid Sick Leave
Paid Holidays
Armstrong is no stranger to Root Insurance having been with the organization while competing with Chip Ganassi Racing.
AG James wins $975K settlement from Root Insurance for data breach.
COLUMBUS, Ohio, Jan. 13, 2025 (GLOBE NEWSWIRE) - Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance Company, is excited to announce its presence at the National Automobile Dealers Association (NADA) Show in New Orleans, Louisiana, from January 23 to January 26, 2025.
Root Insurance (NASDAQ: ROOT) has expanded its operations to Minnesota, making its technology-driven auto insurance services available to over 4 million registered drivers in the state.
Hippo's First Connect partners with Root Insurance on quote and bind process.
Find jobs on Simplify and start your career today
Industries
Fintech
Financial Services
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Columbus, Ohio
Founded
2015
Find jobs on Simplify and start your career today