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Root is a car insurance company founded on the belief that people who drive well are less likely to get into accidents, and that those people should pay less for insurance. With that in mind, Root set out to reinvent a broken industry— an industry that was still assigning rates based primarily on demographics and had an archaic agent structure.
Using technology in smartphones to measure driving behavior—such as braking, speed of turns, driving times, and phone usage while driving — Root determines who is a safe driver and who isn’t. By only insuring safe drivers, Root can offer more affordable rates. And the entire Root experience lives in a simple, easy-to-use app.
OFFICE ADDRESS
80 E Rich St, Suite 500 Columbus, OH 43215
YEAR FOUNDED 2015
www.joinroot.com
VENTURE CAPITAL RAISED TO DATE
$ 177.5M
TOTAL EMPLOYEES TO DATE
240
EMPLOYEE GROWTH FORECAST - 2019
360+
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