Root
Helping businesses and developers launch insurance products faster than the traditional way.
Location: South Africa
Website: https://root.co.za/
Sector: Fintech
Funding Stage: Seed, Venture Round,
Total Funding ($m): 4.5
# of Founders: 2
Founding Year: 2016
Funding Year: 2023
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $3m | Seed | Invenfin, Base Capital, Savannah Fund, P1 Ventures, Luno, FireID, Angel Investors |
| 2023 | $1.5m | Venture Round | Invenfin |
Seed $3m
Invenfin, Base Capital, Savannah Fund, P1 Ventures, Luno, FireID, Angel InvestorsVenture Round $1.5m
InvenfinNews
https://disrupt-africa.com/2023/09/28/sa-insurtech-startup-root-raises-1-5m-to-accelerate-expansion-plans/