root insurance

Tiger Global is earning its stripes in Africa

You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year,

Why have the markets spurned public neoinsurance startups?

The companies we're examining cover auto insurance (Root, MetroMile), home and rental insurance (Hippo, Lemonade), and health insurance (Oscar Health). All are taking a whacking by the market. Why?

Two ex-Sequoia VCs: The most ‘compelling emerging market’ may be America, outside of Silicon Valley

Roughly eight years ago, investors Mark Kvamme and Chris Olsen left Silicon Valley to open a venture firm, Drive Capital, in Columbus, Ohio. It wasn’t an easy decision. Leaving California wasn&#

Why you have to pay attention to the Indian startup scene

Welcome back to The TechCrunch Exchange. Data shows that India’s venture capital scene has grown sharply in recent years. Let's dig in.

Root targets $6B+ valuation in pending IPO, a boon for insurtech startups

This morning Root Insurance, a neoinsurance provider that has attracted ample private capital for its auto-insurance business, is targeting a valuation of as much as $6.34 billion in its pending IPO.

Public investors stay in love with tech, as Root and Affirm file to IPO

Why there are so many tech IPOs right now.

As tech stocks dip, is insurtech startup Root targeting an IPO?

During the week’s news cycle one particular bit of reporting slipped under our radar: Root Insurance is tipped by Reuters to be prepping an IPO that could value the neo-insurance provider at aro

Root Insurance valuation hits $3.65 billion in latest round led by DST Global and Coatue

Root Insurance, an Ohio-based car insurance startup that uses smartphone technology to understand individual driver behavior, said Monday it has raised $350 million on a $3.65 billion valuation in a

Insurance startup Bright Health raises $200M at ~$950M valuation

Bright Health, another startup seeking to disrupt an antiquated industry, has raised $440 million since 2016.

Insurance startups have raised billions as industry players fight tech disruptors

The once sleepy world of insurance has become the hot ticket for venture investors. Insurance technology companies have raised multiple billions of dollars in the past four years as venture capitalist

A new unicorn is born: Root Insurance raises $100 million for a $1 billion valuation

Root Insurance, an Ohio-based car insurance startup with a tech twist, said Wednesday it has raised $100 million in a Series D funding round led by Tiger Global Management, pushing the company’s

Root Insurance launches a new car insurance company

Alexander Timm has been working in the insurance industry since he was 14. While that’s strange enough, what’s even weirder is that Timm really loves the work. He’s so enamored of th