Roots Automation

About

Roots Automation provides Digital Coworkers to Insurance Carriers, Brokers & Agencies seeking to automate soul-destroying work away

11 - 50

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $10M
Industries: Information Technology,Robotics,SaaS,Software
Founded date: Oct 1, 2018
Number Of Employee: 11 - 50
Operating Status: Active

Roots Automation is a digital coworkers-as-a-service company that provides an end–to–end automation solutions for companies. The company's Digital Coworkers complete common business tasks - accounts payable, employee onboarding, processing claims, to name a few - and interact with their human teammates to share progress, ask for help, and get smarter as a result. It makes it easy for companies to start their digital transformation with zero integration and a budget-friendly subscription model.

Roots Automation was founded in 2018 and is based in New York, NY, USA.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$13.20M

Roots Automation has raised a total of $13.20M in funding over 2 rounds. Their latest funding was raised on Nov 1, 2022 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 1, 2022	Series A	$10M	1	—	—	Detail
Sep 30, 2020	Seed	$3.20M	1	Vestigo Ventures	—	Detail

Investments

Number of Investments

Number of Lead Investments

4

0

Roots Automation has made 4 investments. Their most recent investment was on Dec 31, 2019, when Surround Insurance raised $1.42M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Dec 31, 2019 Surround Insurance	Pre-seed	$1.42M	Financial Services	—
Jun 1, 2018 HomeBinder	Seed	$390K	Information Technology	—
Jan 8, 2018 Voatz	Seed	$2.20M	Blockchain	—
Jun 23, 2014 Formstack	Series Unknown	—	Cloud Data Services	—