{"id":1346,"date":"2019-08-20T16:41:41","date_gmt":"2019-08-20T21:41:41","guid":{"rendered":"http:\/\/insurtechadvisors.com\/?p=1346"},"modified":"2019-08-20T16:41:48","modified_gmt":"2019-08-20T21:41:48","slug":"root-raises-350m-for-a-total-of-527m","status":"publish","type":"post","link":"https:\/\/insurtechadvisors.com\/old\/2019\/08\/20\/root-raises-350m-for-a-total-of-527m\/","title":{"rendered":"Root raises $350M for a total of $527M"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.linkedin.com\/company\/10334169\/\">Root Insurance Company<\/a> the Insurtech auto carrier just closed another round of financing @ $350M, bringing their total raised to $527M.  2018 premiums were $106M according to <a href=\"https:\/\/www.linkedin.com\/company\/2934\/\">S&amp;P Global<\/a>.  What does this mean for an incumbent #carrier?  Watch the video to see a #Bull and #Bear take on their success.  For details on the round see <a href=\"https:\/\/www.linkedin.com\/in\/ACoAAAYF-eoByC_zlGBy8klCPgknV6Mb2L6lBxM\/\">Avi Ben-Hutta<\/a> in <a href=\"https:\/\/www.linkedin.com\/company\/10703161\/\">Coverager\u00ae<\/a>  <a href=\"https:\/\/coverager.com\/root-raises-350m\/\">https:\/\/coverager.com\/root-raises-350m\/<\/a> <\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Root raises 350M\" width=\"640\" height=\"480\" data-src=\"https:\/\/www.youtube.com\/embed\/1bHSrKEbHAo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"card-text\">Root Insurance Company the Insurtech auto carrier just closed another round of financing @ $350M, bringing their total raised to $527M. 2018 premiums were $106M according to S&amp;P Global. What does this mean for an incumbent #carrier? Watch the video to see a #Bull and #Bear take on their success. For details on the round [&#8230;]<\/p>\n<p class=\"m-0\"><a class=\"btn btn-outline-secondary btn-read-more\" href=\"https:\/\/insurtechadvisors.com\/old\/2019\/08\/20\/root-raises-350m-for-a-total-of-527m\/\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","content-type":"","wds_primary_category":0,"footnotes":""},"categories":[1],"tags":[46,47],"class_list":["post-1346","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-auto-insurance","tag-root"],"_links":{"self":[{"href":"https:\/\/insurtechadvisors.com\/old\/wp-json\/wp\/v2\/posts\/1346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurtechadvisors.com\/old\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurtechadvisors.com\/old\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurtechadvisors.com\/old\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/insurtechadvisors.com\/old\/wp-json\/wp\/v2\/comments?post=1346"}],"version-history":[{"count":0,"href":"https:\/\/insurtechadvisors.com\/old\/wp-json\/wp\/v2\/posts\/1346\/revisions"}],"wp:attachment":[{"href":"https:\/\/insurtechadvisors.com\/old\/wp-json\/wp\/v2\/media?parent=1346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurtechadvisors.com\/old\/wp-json\/wp\/v2\/categories?post=1346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurtechadvisors.com\/old\/wp-json\/wp\/v2\/tags?post=1346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}