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Root targets $6B+ valuation in pending IPO, a boon for insurtech startups

Root targets B+ valuation in pending IPO, a boon for insurtech startups This morning Root Insurance, a neo-insurance provider that has attracted ample private capital for its auto-insurance business, is targeting a valuation of as much as $6.34 billion in its pending IPO. The former startup follows insurtech leader Lemonade to the […]

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Insurance startup Bright Health raises $200M at ~$950M valuation

Insurance startup Bright Health raises 0M at ~0M valuation A flurry of digital-first insurers are betting they can surpass industry incumbents with a little help from technology and a lot of help from venture capitalists. The latest to land a massive check is Bright Health, a Minneapolis-headquartered provider of affordable individual, family […]

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A new unicorn is born: Root Insurance raises $100 million for a $1 billion valuation

A new unicorn is born: Root Insurance raises 0 million for a billion valuation Root Insurance, an Ohio-based car insurance startup with a tech twist, said Wednesday it has raised $100 million in a Series D funding round led of Tiger Global Management, pushing the companyโ€™s valuation to $1 billion.ย  Redpoint Ventures, […]

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