With Momentum

Roots

The AI engine Fit Assessment

Beta

Roots Automation effectively utilizes robotic process automation within the insurance industry, enhancing claims processing efficiency.

Blurb

Roots is an AI-powered digital solution for the insurance industry that provides claims management, underwriting, and Insurtech.

HQ Location

New York (United States)

Founded

2018

Employees

51 - 200

Total funding raised

$43.95M

Last Funding Event

Series B, $22.20M, September 16, 2024

Smart insights

  • 6m headcount growth: 18%
  • 1Y headcount growth: 54%

Roots' Agentic AI platform enables insurers to transform their operations with unmatched accuracy and speed. Roots' pre-trained, insurance-specific AI delivers rapid time-to-value, measured in weeks, not months. Used by three of the top five P&C carriers and three of the top 10 brokers, Roots enables brands to liberate their teams from complex workflows, allowing them to focus on what truly matters – delighting customers with superior service and care. In addition, Roots Automation created and launched InsurGPT - the world’s most advanced fine-tuned Generative AI model, designed specifically for the Insurance market. InsurGPT utilizes a deep corpus of insurance specific data and documents alongside systems and process knowledge to significantly improve the accuracy, speed, and validity of data extraction and inferencing, while reducing false-positives, ‘hallucinations,’ that non-industry specific Generative AI models produce.