Insurtech Root Hit With Shareholder Lawsuit Alleging Negligence, Omissions in IPO Filing March 24, 2021 By Susanne Sclafane With shares of Root Inc. trading at less than 50 percent of the late October 2020 IPO price of $27...
Startup Auto Insurer Root Raises $724.4 Million in IPO October 28, 2020 By Chibuike Oguh Automobile insurance startup Root Inc. sold shares in its initial public offering (IPO) on Tuesday at $27 apiece, above its...
Startup Personal Lines Insurer Root Looking to Raise $604 Million in IPO October 20, 2020 Automobile insurance startup Root Inc. said on Tuesday it plans to raise as much as $604.1 million in its initial...
Personal Lines Insurtech Root Files IPO Proposal with SEC October 6, 2020 By Andrew G. Simpson Root, Inc., the parent company of Root Insurance Co., has filed a registration statement with the Securities and Exchange Commission...