Root

South Africa
Cape Town, Western Cape, South Africa, 8001

Company profile

Root company profile

Root enables companies to embed & sell insurance. Root’s proven low-code platform and strong insurance partnerships make it easy to design, build and integrate insurance at scale. Root is an enterprise-grade solution, with digital platforms, retailers, and insurers building, refining and selling insurance products powered by Root. Root processes more than $32m in active Gross-Written-Premium with 1.7m+ in-force policies on the platform, and a team of 50 people.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Founded
2016-06-24

Headquarters

Postal code
8001
Country code
ZA
Continent
Africa

Capital profile

Funding and company signals

Funding rounds
2
Total equity funding
$4.5M
Last funding
Series Unknown / $1.5M / 2023-09-27
Last equity funding
Series Unknown / $1.5M
Investors
7
Lead investors
1
Founders
2

Founders and investors

Founders

Jonathan StewartLouw Hopley

Lead investors

Invenfin

Investors

Base CapitalDCG ExpeditionsLunoP1 VenturesSavannah Fund