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Auto Insurance

Commercial insurtech is like an exclusive club — and Google and Amazon aren’t invited

Chris Downer Contributor Share on Twitter Chris Downer is a principal at XL Innovate, focusing on insurtech investments in North America, Europe and Asia. Tech companies and VCs in the insurance space have probably read many of the news articles about Amazon and Google entering insurance (here, here and here). Given their nearly unlimited resources, this may […]

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Auto Insurance

A new unicorn is born: Root Insurance raises $100 million for a $1 billion valuation

Root Insurance, an Ohio-based car insurance startup with a tech twist, said Wednesday it has raised $100 million in a Series D funding round led by Tiger Global Management, pushing the company’s valuation to $1 billion.  Redpoint Ventures, Ribbit Capital and Scale Venture Partners all participated as follow-on investors in this latest round. The car […]

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