# Root Inc\.

## At a glance

| Field | Value |
| --- | --- |
| Category | Usage-Based Auto Insurance |
| Type | Carrier |
| Region | NA |
| Headquarters | Columbus, Ohio |
| Founded | 2015 |
| Stage | Enterprise |
| Employees | ~1,169 |
| Funding | USD 540 million raised; IPO October 2020 |

## Overview

Root Inc. is the largest auto insurtech in the United States by premium, offering usage-based car insurance priced primarily on individual driving behavior rather than demographics. Co-founded in 2015 by Alex Timm and Dan Manges, Root uses smartphone telematics to collect driving data and reward safe drivers with lower rates. The company went public on the NASDAQ in October 2020. Root ended 2025 with USD 1.5 billion in premiums and 481,869 active policies, representing 29% year-over-year premium growth. As of early 2026, Root operates in 36 states and continues to expand its distribution through partnerships with automakers, including a connected vehicle data program with Toyota.

## Links

- Website: <https://www.joinroot.com>
- Directory profile: <https://insurtechlist.com/companies/root/>
- Website:: <https://www.joinroot.com>
- About root inc\.:: <https://inc.joinroot.com/company/>
- Investor relations:: <https://ir.joinroot.com>

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*Last updated: 2026\-05\-17*