Root Insurance Funding: $800M Raised, IPO (2020)

Root Insurance is based in Columbus. It has raised $800M in total funding. Latest round: IPO.

Root Insurance funding overview

Root Insurance is based in Columbus. Root Insurance has raised $800M in total disclosed funding. That places its disclosed total in the $250M–$1B range. Its most recent disclosed round is an IPO announced in October 2020. The round record for Root Insurance runs through 2020; nothing later has been disclosed. Investors on record include Drive Capital, Ribbit Capital, Tiger Global Management. 3 distinct backers are named across the disclosed rounds.

Root Insurance at a glance

Total raised
$800M
Latest round
IPO
Latest round date
October 2020
Headquarters
Columbus
Notable investors
Drive Capital, Ribbit Capital, Tiger Global Management

Frequently asked about Root Insurance funding

How much has Root Insurance raised?
Root Insurance has raised $800M in total disclosed funding across the rounds on record.
Who has invested in Root Insurance?
Drive Capital, Ribbit Capital, Tiger Global Management are named among the investors backing Root Insurance.
What was the latest Root Insurance funding round?
The most recent disclosed round is an IPO, announced in October 2020.
Where is Root Insurance based?
Root Insurance is based in Columbus.
When did Root Insurance last raise?
The last disclosed Root Insurance round closed in October 2020 at IPO.

Totals shown for Root Insurance aggregate every disclosed round on file. To see how that compares, browse the companies in Columbus and the investors behind them below.

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