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Root

Root

Private

Last Round

Seed

Sep 27, 2023

Total Funding Raised

$4.5M

Company Overview

Root is an insurtech company that provides a low-code, API-first, end-to-end insurance platform for businesses to build, launch, and manage digital insurance products.

Sector

FinTech

Verticals

InsurTech, Platform-as-a-Service, Vertical SaaS, Low-Code/No-Code, RegTech

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS, Services & Consulting

AI Layer

Infrastructure

Keywords

core insurance platforminsurance APIheadless insuranceembedded insuranceInsurTech platforminsurance-as-a-servicepolicy administrationlow-code insurance platformclaims handlingquote and bindRegTechinsurance infrastructureMGA platformpremium collections

Historical Pricing

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Caplight Momentum Score

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Root Comparables

Compare Root with similar companies based on industry and business-model similarity.

Root comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Insly
87%
Instanda
84%
Kasko
84%

Root Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedSep 27, 2023
SeedNov 11, 2021

Key People

Founding team and executive leadership

Charlotte Koep

Chief Executive Officer

Executive Team

Jared Lesar

Chief Operating Officer

Executive Team

Root Investors

Notable investors and investment history

Root investors
InvestorRounds
FireIDSeed
InvenfinSeed
Base CapitalSeed
Savannah FundSeed
P1 VenturesSeed
Luno ExpeditionsSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 21, 2025

    Grew 22% QoQ, from 104 to 127 employees.

  • Sep 27, 2023

    $2M round led by Invenfin

Root Filings

Explore SEC and related filing metadata, where available.

Root filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Root's valuation, stock price, and market status.

Is Root a public or private company?

Root is a private company.

What is the current stock price of Root?

Root is a private company with no public stock price. No recent secondary market data is available.

How much is Root worth (valuation)?

Valuation information for Root is not publicly available.

Can I buy Root stock?

Root shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Root's last funding round?

Root's most recent funding round was Seed on September 27, 2023.

Who are the main investors in Root?

Key investors in Root include Invenfin.

Will Root IPO soon?

No public IPO plans have been announced for Root.

How can I track Root secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Root's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersLondon
Employee Range41
Year Founded2016
Last FundingSep 27, 2023

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