Root is the parent company of Root Insurance, the nation's first licensed insurance carrier powered entirely by mobile. The company offers mobile telematics and technology platform to segment individual risk based on complex behavioral data and a customer experience to make pricing decision and grow business. Root was founded in March 2015 and is headquartered in Columbus, Ohio.
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Root news
28.04.2022
Root's GAAP loss for the 3 months of 2022 was $76.4 million, down 23.3% from $99.6 million in the prior year. Revenue increased 24.5% to $85.4 million from $68.6 million a year earlier.
Source: 
ir.joinroot.com
ir.joinroot.com
24.02.2022
Root's GAAP loss for 2021 was $521.1 million, up 43.6% from $363 million the previous year. Revenue decreased 0.4% to $345.4 million from $346.8 million a year earlier.
Source: ir.joinroot.com
ir.joinroot.com
11.11.2021
Root's GAAP loss for 9M 2021 was $411.2 million, up 79% from $229.7 million in the prior year. Revenue decreased 14.8% to $252.2 million from $295.9 million a year earlier.
Source: ir.joinroot.com
ir.joinroot.com
12.08.2021
Root's GAAP loss for 6M 2021 was $278.2 million, up 92.5% from $144.5 million in the prior year. Revenue decreased 35.5% to $158.4 million from $245.4 million a year earlier.
Source: ir.joinroot.com
ir.joinroot.com
General information
| Company name | Root |
|---|---|
| Sector | Financials / Insurance / Insurance / Property & Casualty Insurance |
| Business address | 80 East Rich Street Suite 500 Columbus, OH 43215 United States |
| Mailing address | 80 East Rich Street Suite 500 Columbus, OH 43215 United States |
| Website | ir.joinroot.com |
| Information disclosure | www.sec.gov |
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