Root Insurance Overview

  • Founded
  • 2015
Founded
  • Status
  • Public
  • Employees
  • 1,571
Employees
  • Stock Symbol
  • ROOT
Stock Symbol
  • Investments
  • 2
  • Share Price
  • $1.54
  • (As of Monday Closing)

Root Insurance General Information

Description

Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. It is a direct-to-consumer personal auto insurance, renters insurance and mobile technology company. It generates revenue from the sale of auto insurance policies within the United States.

Contact Information

Website
www.joinroot.com
Formerly Known As
IBOD Company, WYNU
Ownership Status
Publicly Held
Financing Status
Venture Capital-Backed
Primary Industry
Automotive Insurance
Other Industries
Financial Software
Stock Exchange
NAS
Primary Office
  • 80 East Rich Street
  • Suite 500
  • Columbus, OH 43215
  • United States
+1 (866) 000-0000

Root Insurance Timeline

2019202020212022
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Root Insurance Stock Performance

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.54 $1.49 $1.30 - $15.41 $378M 254M 3.82M -$2.09

Root Insurance Financials Summary

In Thousands,
USD 		TTM 31-Dec-2021 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 131,050 131,050 4,458,645
Revenue 345,400 345,400 346,800 290,200
EBITDA (484,500) (484,500) (269,700) (255,200)
Net Income (521,100) (521,100) (363,000) (282,400)
Total Assets 1,319,300 1,319,300 1,762,300 728,600
Total Debt 0 0 178,000 171,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Root Insurance Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Root Insurance Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion
Price		 % Owned

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Root Insurance Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. It is a
Automotive Insurance
Columbus, OH
1,571 As of 2021
00.000
000000000 00.000

00000000

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00000000 000 00000000 000000000
New York, NY
0000 As of 0000
00.000
00000000 00.000

00000000

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0000000000 000000000
Chicago, IL
000 As of 0000
00000
0000 0000-00-00
00000000000 00000
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Root Insurance Competitors (13)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Lemonade Formerly PE-Backed New York, NY 0000 00.000 00000000 00.000
0000000000 Venture Capital-Backed Chicago, IL 000 00000 00000000000 00000
000000000 Formerly VC-backed San Francisco, CA 000 00000 000000&0 00000
0000000000 Formerly VC-backed Toronto, Canada 00 000 000000&0 000
0000 0000000 00000 Corporate Backed or Acquired Wilmington, DE 0000 000000&0
You’re viewing 5 of 13 competitors. Get the full list »

Root Insurance Executive Team (22)

Name Title Board Seat Contact Info
Alexander Timm Chief Executive Officer & Founder
Kumi Walker Chief Corporate Development & Strategy Officer
Anirban Kundu Chief Technology Officer, Technology
Megan Binkley Chief Accounting Officer, Accounting
Sung Mayerhofer Vice President, Internal Audit and Chief Audit Executive
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Root Insurance Board Members (14)

Name Representing Role Since
Beth Birnbaum Root Insurance Board Member 000 0000
Cynthia Powell Root Insurance Founding Board Member, Audit Committee 000 0000
Doug Ulman Self Board Member 000 0000
Elliot Geidt Redpoint Ventures Board Member 000 0000
Jerri DeVard Self Board Member 000 0000
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Root Insurance Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Root Insurance Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Root Insurance Investments & Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 00000 01-Dec-2021 00000 0000 0000 Media and Information Services (B2B)
Catlin Indemnity Company 23-Nov-2020 Merger/Acquisition 000.00 Property and Casualty Insurance
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