Root Raises $724.4M, an IPO Victory for the Auto Insurance Startup
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 ......
Recommended Articles
Posted: Apr 16, 2026
House Approves Aviation Safety Bill Based on Deadly Midair Collision An aviation safety bill seeking...
Posted: Apr 16, 2026
Britain Considers Expanding Ban on NDAs That Silence Workplace Abuse Complaints Britain may widen a...
Posted: Apr 16, 2026
U.S. Sustained Storm-Related Insured Losses Over $50B Three Years in a Row: Triple-I Tornadoes, hail...