, the parent company of, launched its and is looking at a valuation of as much as $6.34 billion, .
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The Columbus, Ohio-based startup has attracted approximately since the company was founded in 2015, according to Crunchbase data.
We last checked in on Root Insurance back in September 2019, when the company raised a $350 million Series E round led by and. At the time, the company was valued at $3.65 billion.
Root is offering 24.2 million shares and targeting $22 to $25 per share and intends to list on the Nasdaq under the ticker symbol ROOT.
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