Root Inc
NASDAQ: ROOTFounded 2015 · 2 known investors
Root is an auto insurance carrier that uses mobile telematics and data science to set car insurance rates based primarily on driving behavior rather than demographics, offering policies through a mobile app. It also provides APIs that let partners embed insurance into other purchases, and is a licensed carrier available in 35 U.S. states.
AI & Machine LearningFintechInsurTechMobility & Transportation
Founders & leadership
AT
Alex TimmFounder & CEO
Investors · 2
Competitors · 3
by search overlap
Libertymutual8164 shared keywordsLiberty Mutual is an insurance provider offering personal insurance products including car, home, homeowners, and renters coverage to consumers. The company provides online quotes, claims handling, and support through both its website and mobile app.
Insurify7495 shared keywordsInsurify operates an online insurance-comparison marketplace that pulls real-time, personalized quotes from 120-plus insurers (including GEICO, Allstate, and Progressive) for auto, home, renters, and pet insurance, letting shoppers compare policies and buy online or with a licensed agent. Its AI-powered tools include a policy-upload feature, and it also offers Insurify Car, a liability-only auto policy with weekly installment payments; the company is a licensed agency in all 50 U.S. states.
Lemonade5225 shared keywordsLemonade is a digital insurance provider offering homeowners, renters, car, pet, and term life insurance policies. The company uses AI to streamline policy underwriting and claims processing, targeting consumers seeking affordable insurance with fast, digital-first service.
Companies competing with Root Inc for the same Google search keywords, organic and paid, via search-intersection analysis.
Frequently asked questions
- What does Root Inc do?
- Root is an auto insurance carrier that uses mobile telematics and data science to set car insurance rates based primarily on driving behavior rather than demographics, offering policies through a mobile app. It also provides APIs that let partners embed insurance into other purchases, and is a licensed carrier available in 35 U.S. states.
- Who are Root Inc's investors?
- Root Inc's investors include Coatue Management, Drive Capital.