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Root, Inc.

American insurance company / From Wikipedia, the free encyclopedia

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Root Insurance Company is an online car insurance company licensed in 50 states (48 states for personal auto) and the District of Columbia that operates in 34 of those states.

Quick facts: Type, Traded as, Industry, Founded, Founders...
Root Company
TypePublic
Nasdaq: ROOT
IndustryInsurance
FoundedMarch 2015 (2015-03)
FoundersAlex Timm
Dan Manges
Headquarters,
Area served
34 States (Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware,Florida,Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Wisconsin West Virginia)
Key people
Alex Timm (CEO)
Matt Bonakdarpour (Chief Technology Officer)
Megan Binkley (Chief Financial Officer)
Jon Allison (Chief Administrative Officer)
Jason Shapiro (Senior VP of Business Development)
ProductsCar insurance, renters insurance, homeowners insurance
RevenueDecrease $289.9 million(2023)
Increase -$209 million(2023)
Number of employees
765 (2023)
Websitewww.joinroot.com
Footnotes / references
[1]
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