Root
rootplatform.com
InsurTech
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Overview
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Salaries
Products
People
Growth
Offices
Financials
Funding and backers
Total raised
$1.5M
1 round on record
Latest round
$1.5M
Venture round · Sep 2023 · 3 yr ago
Team
11-50
employees, estimated range
Backers
1
P1 Ventures
The money's age
Long since its last round
36 months since the last round · not hiring
Momentum
15/100
in the news
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Oct 2026
Formerly Root Platform ZA Pty Ltd (root.co.za)
Sep 28, 2023
Raised a round Venture round $1.5M
2016
Founded
Tractionpublic signals, read monthly
Web presence
top 7%
of 133.2M domains by links, Common Crawl
Hacker News stories
1
best: 2 points
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Sep 2023 | $1.5M | — | old.disruptafrica.com |
Backed byfrom the funds' portfolios and accelerator catalogs
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News
Insurtech Insights Knowledge Bank - Curated industry insights
We regularly curate the latest insights and reports provided by and in collaboration with our partners and stakeholders to create the...
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Embedded Insurance Meets Commercial EVs: A Signal of Where the Market Is Heading - InsurTech360
By the end of 2026, the UK is expected to see around 580,000 electric vehicles sold: close to 30% of all new car registrations. On paper, that's a tipping point. In reality, it's something more nuanced. Because this isn't being driven by private consumers
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Top 100 Fintech Platforms - Root
Root is a financial services platform offering programmable banking and insurance solutions, based out of Cape Town, South Africa.
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Report
Half of MGAs still early in API transformation, survey finds
Insurance platform warns MGA landscape 'divided' on transformation
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Report
APIs in Insurance 2026: The digital infrastructure shaping the industry's leap into AI and beyond
By 2026, insurance firms with robust API infrastructure will lead the market, enabling seamless AI integration across pricing, claims, and customer services.
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The logic of a single lead manufacturer
What the Financial Conduct Authority's CP25/12 means for insurers, MGAs and brokers
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Jul 2, 2025 Insurance Edge The Growth Model: How API-First Platforms Are Powering the Future of Insurance
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Root Strengthens UK Expansion with Appointment of Cameron Parsons as Head of Business Development
Root Strengthens UK Expansion with Appointment of Cameron Parsons as Head of Business Development
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Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Cape Town
South Africa
HQ
10-50 est. staff
Financials
Total raised
$1.5M
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Venture - Series Unknown | 2023 | $1.5M | Details |