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

Funding Status

Series B, $22.20M, September 16, 2024

Roots' agentic AI platform enables insurers to transform their operations with unmatched 98%+ accuracy and speed to automate complex processes. We use pre-trained, insurance-specific AI models to deliver rapid time-to-value, measured in weeks, not months.



Today, Roots is used by 3 of the Top 5 P&C Carriers and 3 of the top 10 Brokers to efficiently manage massive amounts of unstructured data while freeing up valuable subject matter experts for more strategic and challenging activities.



Roots created 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.