Root Insurance Overview
- Year Founded
-
2015
- Status
-
Public
- Employees
-
872
- Stock Symbol
-
ROOT
- Investments
-
2
- Share Price
-
$9.51
- (As of Friday Closing)
Root Insurance General Information
Description
Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. The company is a direct-to-consumer personal auto insurance, renters insurance and mobile technology company. It generates revenue from the sale of auto insurance policies within the United States.
Contact Information
Website
www.joinroot.com
Formerly Known As
IBOD Company, WYNU
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Automotive Insurance
Other Industries
Application Software
Stock Exchange
NAS
Primary Office
- 80 East Rich Street
- Suite 500
- Columbus, OH 43215
- United States
+1 (866) 000-0000
Root Insurance Timeline
Root Insurance Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $9.51 | $9.50 | $3.31 - $14.80 | $138M | 14.5M | 176K | -$14.10 |
Root Insurance Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 | FY 2020 31-Dec-2020 |
|---|---|---|---|---|
| EV | (150,558) | (356,991) | 131,050 | 4,458,644 |
| Revenue | 289,900 | 310,800 | 345,400 | 346,800 |
| EBITDA | (153,800) | (249,300) | (484,500) | (269,700) |
| Net Income | (209,000) | (297,700) | (521,100) | (363,000) |
| Total Assets | 1,194,900 | 1,312,900 | 1,319,300 | 1,762,300 |
| Total Debt | 289,600 | 288,100 | 0 | 178,000 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Root Insurance Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Root Insurance Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|
Root Insurance Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Root Inc develops and launches a direct-to-consumer personal automobile insurance and mobile technology company. The com
Automotive Insurance
Columbus, OH
872
As of 2023
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Wilmington, DE
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Add Comparison
Root Insurance Competitors (9)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| 21st Century Insurance | Corporate Backed or Acquired | Wilmington, DE | 0000 | 000000&0 | ||
| 00000000 000000000 | Corporation | Henrico, VA | 000 | |||
| 00000 | Corporate Backed or Acquired | Chevy Chase, MD | 00000 | 000000&0 | ||
| 000 00000000000 | Corporation | Mayfield, OH | 00000 | 00.000 | 000000000 | 00.000 |
| 0000000000 | Venture Capital-Backed | Chicago, IL | 000 | 00000 | 00000000000 | 00000 |
Root Insurance Patents
Root Insurance Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| JP-2005341462-A | Image distribution system and image distribution program | Pending | 31-May-2004 | ||
| JP-2002290480-A | Communication system and data communication method | Pending | 26-Mar-2001 | ||
| JP-2001197074-A | Local area network using data transmission and reception device and repeater used for local area network | Pending | 13-Jan-2000 | ||
| JP-2001197468-A | Communication system, repeater device used therefor and transmitting and receiving device | Pending | 13-Jan-2000 |
Root Insurance Executive Team (28)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Alexander Timm | Chief Executive Officer & Founder | ||
| Megan Binkley | Chief Financial Officer, Finance & Chief Accounting Officer, Accounting | ||
| Rob Bateman | Chief Financial Officer | ||
| Matt Bonakdarpour Ph.D | Chief Technology Officer, Technology | ||
| Jon Allison | Chief Administrative Officer |
Root Insurance Board Members (17)
| Name | Representing | Role | Since |
|---|---|---|---|
| Beth Birnbaum | Self | Board Member | 000 0000 |
| Beth Birnbaum | Root Insurance | Board Member | 000 0000 |
| Cynthia Powell | Self | Founding Board Member, Audit Committee | 000 0000 |
| Doug Ulman | Self | Board Member | 000 0000 |
| Jerri DeVard | Self | Board Member | 000 0000 |
Root Insurance Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Root Insurance Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Root Insurance Investments & Acquisitions (2)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000 00000 | 22-Mar-2022 | 00000 0000 | 000.00 | Media and Information Services (B2B) | |
| Catlin Indemnity Company | 23-Nov-2020 | Merger/Acquisition | 000.00 | Property and Casualty Insurance |
Root Insurance ESG
Risk Overview
Risk Rating
Updated November, 16, 2022
20.17 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 15,491
Rank
00.0
Percentile
Insurance
Industry
00 of 297
Rank
00.00
Percentile
Insurance Brokers
Subindustry
00 of 33
Rank
00.00
Percentile
