Auto insurance startup Root Insurance has announced that it has raised $100 million in a recent Series D funding round.
The funding round was led by Tiger Global Management, while Redpoint Ventures, Ribbit Capital and Scale Venture Partners served as follow-on investors. TechCrunch reported that Root Insurance’s valuation jumped to $1 billion after the funding round.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.