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Root Insurance

Builders in Fintech has recorded 3 equity rounds for Root Insurance, most recently a series e round of $523M on 10 September 2019.

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Product

Car insurance priced on how you drive

Insurance

Root is a car insurance company that bases rates primarily on how people drive. New customers take a test drive with the Root app, which uses their smartphone sensors to analyse driving over a few weeks before offering a quote, so good drivers can pay less. Customers buy and manage their policy and claims in the app.

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Description from the company website · Source

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