Root Raises $724.4M, an IPO Victory for the Auto Insurance Startup

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Carrier Management - Oct 28, 2020

Root Raises $724.4M, an IPO Victory for the Auto Insurance Startup Automobile insurance startup Root Inc sold shares in its initial public offering (IPO) on Tuesday at $27 apiece, above its target range, to raise $724.4 million, the company said. Root, which has ......

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