CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Archives for Root Insurance

Root Insurance Parent Files for Proposed Initial Public Offering

October 6, 2020 By CollisionWeek Editor

Root, Inc., the parent company of Root Insurance Company, announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not […]

Filed Under: News Tagged With: IPOs, Root Insurance

LexisNexis Launches Telematics OnDemand with Root Insurance

July 27, 2020 By CollisionWeek Editor

LexisNexis Risk Solutions launched LexisNexis Telematics OnDemand, a solution that seamlessly integrates telematics-based driving behavior data into insurer rating and underwriting workflows. Root Insurance is the first to adopt Telematics OnDemand. The solution enables U.S. auto insurers to access a consumer’s existing telematics data in near-real time at point of quote in order to more […]

Filed Under: News Tagged With: Agreements Signed, LexisNexis Risk Solutions, Root Insurance, Telematics, Usage-Based Insurance

Root Insurance Raises $350 Million in Latest Funding Round

September 11, 2019 By CollisionWeek Editor

Root Insurance announced it raised $350 million in Series E funding. Root has now raised a total of $523 million in funding, with an additional $100 million in debt financing. This latest round, led by DST Global and Coatue, raises Root’s valuation to $3.65 billion and provides additional capital to accelerate growth in existing markets […]

Filed Under: News Tagged With: Private Equity, Root Insurance

Root Insurance Enters California

August 8, 2019 By CollisionWeek Editor

Root Insurance announced its entry into California. According to the company its auto insurance is now available to 60% of the U.S. population. Californians will be able to sign up for Root’s insurance through the Root Insurance app or the website. To get their rate, drivers simply estimate their annual mileage and submit their information. […]

Filed Under: News Tagged With: California, Root Insurance

Root Insurance Raises $100 Million Funding, Enters Oregon Auto Insurance Market

August 23, 2018 By CollisionWeek Editor

Root Insurance, the car insurance company that incorporates individual driving behavior in every quote, announced yesterday $100 million in Series D funding. This latest round, led by Tiger Global Management, raises Root’s valuation to $1 billion and provides additional capital to deepen penetration in existing markets, expand into new states, and fuel hiring plans, with […]

Filed Under: News Tagged With: Openings, Root Insurance, Venture Capital

Root Insurance Expands Into Maryland, North Dakota

July 27, 2018 By CollisionWeek Editor

Root Insurance logo

Root Insurance announced that it is now available vehicle owners in both Maryland and North Dakota. The company, that recently announced an expanded staff presence at its headquarters in Columbus, Ohio, plans to offer coverage nationwide by 2019. Root uses smartphone technology and data science to understand actual driving behavior, the primary factor in determining […]

Filed Under: News Tagged With: Maryland, North Dakota, Root Insurance

Root Insurance Announces Expansion in Ohio

May 22, 2018 By CollisionWeek Editor

Auto insurance company commits to quintuple workforce by 2021. Root Insurance announced plans to significantly expand its presence in Columbus. The auto insurance company will move its offices to a new, 65,000-square-foot space in downtown Columbus and will invest approximately $2 million to build out and equip the new location. The company also announced that […]

Filed Under: News Tagged With: Ohio, Openings, Root Insurance

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

Login

Remember Me
Subscribe | Lost your Password?

Tags

AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Australia Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada CARSTAR CCC Certification Collision Industry Electronic Commerce Association Collision Repair Education Foundation Copart Coronavirus Donations Earnings Fix Auto Canada General Motors I-CAR Insurance Auto Auctions Lawsuits legislation LKQ Corporation Mitchell International National Auto Body Council Network Affiliations Non-OEM Parts OEM Parts Openings People PPG Industries Regulations Service King Collision Repair Centers Texas United Kingdom Women's Industry Network Workforce Development

Recent Articles

  • Boyd Group Acquires Collision Repair Centers in Ohio and Texas February 24, 2021
  • asTech Acquires adasThink February 24, 2021
  • Fix Auto Canada Adds Collision Repair Center to Network in Alberta February 24, 2021
  • Governors Highway Safety Association Report on Distracted Driving Deaths Increase Identifies Need to Strengthen Laws and Enforcement February 24, 2021
  • 3M Invests in asTech Parent Repairify February 23, 2021
  • SBA to Prioritize PPP Loans to Employers with 20 or Fewer Employees for Two Weeks February 23, 2021
  • Nexterra Announces Concierge Repair and Claims Management Services for Auto Dealers and OEMs February 23, 2021

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2021 - QuanDec Corporation - All Rights Reserved · Log in