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August 22, 2018 08:57 pm GMT

A new unicorn is born: Root Insurance raises $100 million for a $1 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 by Tiger Global Management, pushing the company’s valuation to $1 billion. Redpoint Ventures, Ribbit Capital and Scale Venture Partners all participated as follow-on investors in this latest round. The car […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0hC7Hh9OSiw/

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