# Root Insurance funding: rounds and investors > Root Insurance has raised $701M across 4 rounds since 2018. Investors include Ribbit Capital, Coatue and Tiger Global Management. Every round with its source. Source: https://millionrounds.com/company/root-insurance (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Root Insurance* 4 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Fintech Insurtech Internet Funding summary Updated 26 Oct 2026 **$701M** raised across 4 rounds since 2018, from 4 sources **$51M** Series C **$100M** Series D **$350M** Series E **$200M** Debt - **Latest round:** Debt, $200M Oct 2024 - **Biggest round:** $350M Series E · Aug 2019 - **Investors:** 11 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2018 2019 2020 2021 2022 2023 2024 **$51M** Series C **$100M** Series D **$350M** Series E **$200M** Debt - **First round:** Series C, $51M - **Biggest round:** $350M - **Usual gap between rounds:** 12 months ## The rounds - **Oct 2024** Debt **$200M** *4 new* *2 returning* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Redpoint](https://millionrounds.com/fund/redpoint) [Coatue](https://millionrounds.com/fund/coatue-management) [BlackRock](https://millionrounds.com/fund/blackrock) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) Source recorded - **Aug 2019** Series E **$350M** *2 new* [Coatue](https://millionrounds.com/fund/coatue-management) [DST Global](https://millionrounds.com/fund/dst-global) Reported by FinSMEs - **Aug 2018** Series D **$100M** *2 new* *1 returning* [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) Tiger Global Management/ Redpoint Reported by FinSMEs - **Mar 2018** Series C **$51M** *3 new* [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) Redpoint Ventures/ Scale Silicon Valley Bank Capital Reported by FinSMEs ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series C** 2018 **Series D** 2018 **Series E** 2019 **Debt** 2024 [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) [Coatue](https://millionrounds.com/fund/coatue-management) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Redpoint](https://millionrounds.com/fund/redpoint) [BlackRock](https://millionrounds.com/fund/blackrock) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) [DST Global](https://millionrounds.com/fund/dst-global) Redpoint Ventures/ Scale Silicon Valley Bank Capital ## Everyone who backed them [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) VC firm **3** rounds [Coatue](https://millionrounds.com/fund/coatue-management) VC firm **2** rounds [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round [Redpoint](https://millionrounds.com/fund/redpoint) VC firm **1** round [BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round [Quiet Capital](https://millionrounds.com/fund/quiet-capital) VC firm **1** round [Scale Venture Partners](https://millionrounds.com/fund/scale-venture-partners) VC firm **1** round [DST Global](https://millionrounds.com/fund/dst-global) Private equity **1** round Redpoint Ventures/ Scale no record of our own yet **1** round Silicon Valley Bank Capital no record of our own yet **1** round Tiger Global Management/ Redpoint no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=root-insurance). ## Quick answers about Root Insurance ### Who invested in Root Insurance? Root Insurance's investors include Ribbit Capital, Coatue, Tiger Global Management, Redpoint and BlackRock, and 6 more on record. ### How much has Root Insurance raised? Root Insurance has raised $701M across 4 rounds since 2018. ### When did Root Insurance last raise? Root Insurance's most recent round was a Debt of $200M in Oct 2024. ### What was Root Insurance's biggest round? Root Insurance's largest round on record is $350M (Series E), in Aug 2019. ### Who backed Root Insurance first? Root Insurance's first round on record, in Mar 2018, was backed by Ribbit Capital, Redpoint Ventures/ Scale and Silicon Valley Bank Capital. ### What stage is Root Insurance at? Root Insurance's latest named round is a Debt, in Oct 2024. ### Where is Root Insurance based? Root Insurance is based in the United States. ## Companies like Root Insurance In the same sector, and raised in the last eighteen months. [**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app