Root - About the company
Root is a public company based in Columbus (United States), founded in 2015. It operates as a Provider of car insurance rates based primarily on driving behavior. The company has 20 active competitors, including 3 that have exited. Its top competitors include companies like CarShield, MyCar Mobile and Renaissance Electronic Services.
Company Details
Provider of car insurance rates based primarily on driving behavior. The company offers mobile technology that measures driving habits to determine rates. Customers can manage their policies conveniently through the app. Roadside assistance coverage is available.
- Website
- root.com
- Registered Address
- 83 E RICH STREET, SUITE 500, COLUMBUS, OH 43215
Key Metrics
Founded Year
2015
Location
Columbus, United States
Stage
Public
Ranked
3rd among 20 active competitors
Employee Count
1,214 as on Aug 31, 2026
Exit Details
Public
Legal entities associated with Root
Root is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ROOT INSURANCE COMPANY CIN: 156388994 , United States, Active | Jun 04, 2019 | - | - | - |
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Root's funding and investors
Root has not raised any funding rounds yet.
Root's founders and board of directors
Founder? Claim ProfileRoot's employee count trend
Root has 1,214 employees as of Aug 26. Here is Root's employee count trend over the years:
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Root's Competitors and alternates
Top competitors of Root include CarShield, MyCar Mobile and Renaissance Electronic Services. Here is the list of Top 10 competitors of Root, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CarShield 2005, O Fallon (United States), Unfunded | Auto insurance claims support for policyholders | - | - | 62/100 |
2nd | MyCar Mobile 2014, United States, Unfunded | App-based platform to manage vehicle protection contracts & claims | - | - | 39/100 |
3rd | ![]() Root 2015, Columbus (United States), Public | Provider of car insurance rates based primarily on driving behavior | - | - | 33/100 |
4th | Renaissance Electronic Services 2002, Indianapolis (United States), Acquired | Online insurance claim support and administrative workflow management solutions for businesses | - | - | 33/100 |
5th | Personable Insurance 2011, San Diego (United States), Funding Raised | Operations and insurance claims administration solutions | - | 29/100 | |
6th | AutoClaim 2004, Los Angeles (United States), Acqui-Hired | Innovating with AI, Search, Cloud, and Workspace solutions globally | - | - | 27/100 |
7th | Bauxy 2014, San Francisco (United States), Early Stage | Provider of solutions addressing consumer challenges with insurance claim processes | $2.55M | - | 27/100 |
8th | Lassie 2020, San Francisco (United States), Unfunded | Electronics insurance claim processing solution for individuals | - | - | 24/100 |
9th | Cuvrd 2016, Braintree (United States), Funding Raised | Provider of an online platform for purchasing extended vehicle service contracts | - | 21/100 | |
10th | Dealer Advantage Group 2007, Carmel (United States), Unfunded | Provider of product development and reinsurance programs | - | - | 20/100 |
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Root's Investments and acquisitions
Root has made no investments or acquisitions yet.
Reports related to Root
Here is the latest report on Root's sector:
News related to Root
Media has covered Root for a total of 8 events in the last 1 year, 4 of them have been about company updates and 1 about partnerships.
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Root and TheZebra.com Partner to Expand Access to Personalized Insurance OptionsGlobeNewswire•Aug 12, 2026•The Zebra, Root
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Root Insurance Expands Telematics Car Insurance to New Jersey, Its 37th StateInsurance Journal•Jul 23, 2026•Root
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Root Inc. Reports Record Quarterly Net Income of Nearly $36M for Q1 2026Insurance Journal•May 07, 2026•Root
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Palisades Investment Partners LLC Makes New $7.31 Million Investment in Root, Inc. $ROOTMarketBeat•Jan 24, 2026•Palpartners, Root
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