Roots Automation, Inc.
PrivateLast Round
Series B
Sep 17, 2024
Total Funding Raised
$39.65M
Company Overview
Roots Automation, Inc. operates in Enterprise Software and is based in New York City, New York. Its latest recorded funding round was a Series B round in September 2024.
Roots Automation, Inc. is an insurance software company that provides an AI-powered platform with 'Digital Coworkers' designed to automate complex operational processes for the insurance industry.
Sector
Enterprise Software
Verticals
InsurTech, Workflow Automation, NLP & Conversational AI, Document Management, Low-Code/No-Code
Business Model
B2B
Customer Profile
Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Roots Automation, Inc. Comparables
Compare Roots Automation, Inc. with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Sixfold | 85% | |
| mea Platform | 84% | |
| Gradient AI | 82% |
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Roots Automation, Inc. Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Sep 17, 2024 | ||||
| Strategic | Jan 18, 2024 | ||||
| Series A | Nov 1, 2022 | ||||
| Seed | Nov 11, 2020 | ||||
| Seed | Oct 13, 2020 |
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Key People
Founding team and executive leadership
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Roots Automation, Inc. Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Erie Strategic Ventures | Strategic |
| Liberty Mutual Strategic Ventures | Series A, Series B |
| Vestigo Ventures | Series A, Series B, Seed |
| Harbert Growth Partners | Series B |
| MissionOG | Series B, Series A |
| CRV | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 29, 2025
Frontline Insurance selected AI agents for claims and underwriting.
- Nov 1, 2022
$10M round led by MissionOG.
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Roots Automation, Inc. Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Frequently Asked Questions
Common questions about Roots Automation, Inc.'s valuation, stock price, and market status.
Is Roots Automation, Inc. a public or private company?
Roots Automation, Inc. is a private company.
What is the current stock price of Roots Automation, Inc.?
Roots Automation, Inc. is a private company, so its shares have no public market price. Caplight tracks Roots Automation, Inc.'s secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Roots Automation, Inc. worth (valuation)?
Valuation information for Roots Automation, Inc. is not publicly available.
Can I buy Roots Automation, Inc. stock?
Roots Automation, Inc. shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Roots Automation, Inc.'s last funding round?
Roots Automation, Inc.'s most recent funding round was Series B on September 17, 2024.
Who are the main investors in Roots Automation, Inc.?
Key investors in Roots Automation, Inc. include Vestigo Ventures, Harbert Growth Partners, MissionOG.
Will Roots Automation, Inc. IPO soon?
No public IPO plans have been announced for Roots Automation, Inc..
How can I track Roots Automation, Inc. secondary market activity?
Caplight tracks bids, offers, and trades in Roots Automation, Inc.'s shares on secondary markets.