, the parent company of, launched its and is looking at a valuation of as much as $6.34 billion, .
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The Columbus, Ohio-based startup has attracted approximately since the company was founded in 2015, according to ºÚÁÏ³Ô¹Ï data.
We last checked in on Root Insurance back in September 2019, when the company raised a $350 million Series E round led by and. At the time, the company was valued at $3.65 billion.
Root is offering 24.2 million shares and targeting $22 to $25 per share and intends to list on the Nasdaq under the ticker symbol ROOT.
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![Image of founder getting a "Blank check" [Dom Guzman]](/wp-content/uploads/rise-of-massive-funding-blank-check-470x352.jpg)
![Illustration showing AI agents, depicted by robots, performing digital tasks. [Dom Guzman]](/wp-content/uploads/Quarterly-agenticAI-470x352.jpg)
![Illustration of a guy watering plants with a blocked hose - Global [Dom Guzman]](/wp-content/uploads/quarterly-global-3-300x168.jpg)
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