Startup Auto Insurer Root Reports $363M Loss in 2020; Will Spend to Grow in 2021 March 4, 2021 Root Inc.’s second earnings report as a public company reveals that the digital auto insurance startup continues to lose substantial...
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...
Startup Auto Insurer Root Targets Good Drivers with Smartphones October 25, 2016 By Mark Hollmer Root officially debuted in the U.S. market on October 25. The fledgling auto insurer, just 18 months old, relies on...