By Amber Deter The Root IPO is finally here after months of speculation. Known for its goal to disrupt the auto insurance industry, the company is bringing Root stock to the market. And after the success of one of its biggest competitors, investors want in on the action.
But is Root a good investment opportunity? Here’s what we know…
Root IPO: The Business
Alex Timm and Dan Manges co-founded Root in 2015. It’s a technology company focusing on modernizing personal insurance. Timm worked at his father’s agency as a teenager and developed a love for the insurance business. Manges is the former CTO of Braintree, which …read more
