Root Insurance valuation hits $3.65 billion in latest round led by DST Global and Coatue
September 09, 2019 at 13:13 PM EDT
Root Insurance, an Ohio-based car insurance startup that uses smartphone technology to understand individual driver behavior, said Monday it has raised $350 million on a $3.65 billion valuation in a Series E funding round. The amount of the round was reported last month, citing anonymous sources. This official announcement fills in the remaining details, including that […]