IPO registrations (S-1, F-1) · Registrants
Root, Inc.
- SEC CIK
- 1788882 · filings on EDGAR ↗
- Former names
- Root Stockholdings, Inc. (2019–2020)
- Registration
- Form S-1, first filed 2020-10-05, last 2020-10-27; 1 initial registration, 3 amendments
- Outcome
- Final prospectus filed 2020-10-29; declared effective 2020-10-27
- Industry (SIC)
- Fire, Marine & Casualty Insurance 6331
- Incorporated in
- DE
- Business address
- 80 E RICH STREET, SUITE 500, Columbus, OH 43215
- EIN
- 84-2717903
- Ticker
- ROOT (Nasdaq)
- EDGAR entity type
- operating
- Insiders and CEO pay
- Root, Inc. on the corporate pages
Offering terms
- Proposed price range
- $22.00–$25.00 per share (S-1/A filed 2020-10-27)
- Final price
- $27.00 per share, above the range (424B4 filed 2020-10-29, an initial public offering)
- Shares sold
- 26,830,845 (24,249,330 by the company, 2,581,515 by selling holders)
- Gross proceeds
- $724,432,815 before underwriting discounts and any over-allotment option
- Listing
- Nasdaq under the symbol ROOT
- Lead underwriters
- Goldman Sachs; Morgan Stanley; Barclays; Wells Fargo
- Syndicate
- Deutsche Bank; Truist Securities; Citigroup; Credit Suisse; Evercore; UBS; Cantor Fitzgerald; JMP Securities; Siebert Williams Shank; Huntington Capital Markets
Read from the cover pages of the filings listed under “Prospectus pages read” below; check the document for anything that matters.
On this site
- Business registration: ROOT, INC Fuzzy (name and state)
- Political committee (FEC): ROOT, INC. POLITICAL ACTION COMMITTEE (ROOT PAC) (connected to ROOT, INC.) Fuzzy (name and state)
- Form D issuer: Root Stockholdings, Inc. EXACT (CIK (EXACT))
- SEC filer: Root, Inc. EXACT (CIK (EXACT))
- Person page: Daniel H Rosenthal Fuzzy (officer, director or 10% owner on the company's Forms 3, 4 and 5 (Director,Officer))
- Person page: Lawrence A Hilsheimer Fuzzy (officer, director or 10% owner on the company's Forms 3, 4 and 5 (Director))
- Person page: Nancy J Kramer Fuzzy (officer, director or 10% owner on the company's Forms 3, 4 and 5 (Director))
Filings 7
| Filed | Form | What it is | Name as filed | EDGAR |
|---|---|---|---|---|
| 2020-10-05 | S-1 | S-1 (registration) | Root, Inc. | 0001628280-20-014305 ↗ |
| 2020-10-20 | S-1/A | S-1/A (amendment) | Root, Inc. | 0001628280-20-014581 ↗ |
| 2020-10-26 | S-1/A | S-1/A (amendment) | Root, Inc. | 0001628280-20-014758 ↗ |
| 2020-10-27 | S-1/A | S-1/A (amendment) | Root, Inc. | 0001628280-20-014828 ↗ |
| 2020-10-27 | EFFECT | EFFECT (declared effective) | Root, Inc. | 9999999995-20-002999 ↗ |
| 2020-10-28 | S-1MEF | S-1MEF (added securities) | Root, Inc. | 0001628280-20-014907 ↗ |
| 2020-10-29 | 424B4 | 424B4 (final prospectus) | Root, Inc. | 0001628280-20-015115 ↗ |
Prospectus pages read 2
| Filed | Form | Read as | Range | Price | Shares | Proceeds | Listing | Underwriters | What was found | Document |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020-10-27 | S-1/A | registration statement | $22.00–$25.00 | 24,581,515 | - | Nasdaq ROOT | 14 | primary document; range, shares headline, cover names 14 | document ↗ | |
| 2020-10-29 | 424B4 | final prospectus | $27.00 | 26,830,845 | $724,432,815 | Nasdaq ROOT | 14 | primary document; price sentence, shares headline, proceeds table, cover names 14 | document ↗ |
Officers, directors and large holders Forms 3, 4 and 5
| Insider | Role | Title | Filings | Years | On this site |
|---|---|---|---|---|---|
| Binkley Megan | Officer | CFO and Treasurer; Chief Accounting Officer; Chief Financial Officer; See Remarks | 30 | 2020–2026 | |
| Capital Partners III, L.P. | TenPercentOwner | 2 | 2020 | ||
| DEVARD JERRI | Director | 12 | 2020–2026 | ||
| DRIVE CAPITAL OVERDRIVE FUND I, L.P. | TenPercentOwner | 10 | 2020–2025 | ||
| DRIVE CAPITAL OVERDRIVE FUND I (TE), L.P. | TenPercentOwner | 10 | 2020–2025 | ||
| Drive Capital Overdrive Ignition Fund I, L.P. | TenPercentOwner | 9 | 2020–2025 | ||
| Geidt Elliot | Director | 3 | 2020–2021 | ||
| Hilsheimer Lawrence A. | Director | 18 | 2020–2026 | person page Fuzzy | |
| KRAMER NANCY J | Director | 9 | 2020–2026 | person page Fuzzy | |
| KVAMME MARK | TenPercentOwner | 8 | 2020–2022 | ||
| Malka Meyer | TenPercentOwner | 8 | 2020–2025 | ||
| Manges Daniel | Officer,TenPercentOwner | Chief Technology Officer | 9 | 2020–2021 | |
| Maw Scott Harlan | Director | 8 | 2020–2023 | ||
| Olsen Christopher | Director,TenPercentOwner; TenPercentOwner | 8 | 2020–2025 | ||
| Redpoint Omega Associates II, LLC | TenPercentOwner | 3 | 2020–2021 | ||
| Redpoint Omega II, LLC | TenPercentOwner | 3 | 2020–2021 | ||
| Redpoint Omega II, L.P. | TenPercentOwner | 3 | 2020–2021 | ||
| Ribbit Capital IV, L.P. | TenPercentOwner | 5 | 2020–2025 | ||
| Ribbit Founder Fund IV, L.P. | TenPercentOwner | 1 | 2020 | ||
| Rosenthal Daniel H | Director,Officer | Chief Financial Officer; Ch. Rev. and Operating Officer; Ch.Rev.Ofc, COO, CFO | 10 | 2020–2023 | person page Fuzzy |
| RT-E Ribbit Opportunity IV, LLC | TenPercentOwner | 1 | 2020 | ||
| Scale Venture Partners V, L.P. | TenPercentOwner | 2 | 2020 | ||
| Shalek Nick | Director | 1 | 2020 | ||
| SVB FINANCIAL GROUP | TenPercentOwner | 2 | 2020 | ||
| Timm Alexander E. | Director,Officer,TenPercentOwner | Chief Executive Officer | 29 | 2020–2026 | |
| Ulman Doug | Director | 15 | 2020–2026 | ||
| Venture Overage Fund, L.P. | TenPercentOwner | 2 | 2020 | ||
| von Ahn Luis | Director | 3 | 2020–2021 | ||
| DC I Investment LLC | TenPercentOwner | 7 | 2020–2022 | ||
| Drive Capital Overdrive Fund I (GP), LLC | TenPercentOwner | 9 | 2020–2025 | ||
| Silver Lake Group, L.L.C. | TenPercentOwner | 1 | 2020 | ||
| Silver Lake Technology Associates VI, L.P. | TenPercentOwner | 1 | 2020 | ||
| SLP OMNI AGGREGATOR, L.P. | TenPercentOwner | 1 | 2020 | ||
| SLP VI Aggregator GP, L.L.C. | TenPercentOwner | 1 | 2020 | ||
| SLTA VI (GP), L.L.C. | TenPercentOwner | 1 | 2020 | ||
| Drive Capital I (GP) LLC | TenPercentOwner | 6 | 2021–2025 | ||
| Kundu Anirban | Officer | Chief Technology Officer | 2 | 2021 | |
| Shah Hemal | Officer | Chief Product Officer | 3 | 2021–2022 | |
| CARVANA CO. | TenPercentOwner | 2 | 2021–2022 | ||
| CARVANA GROUP, LLC | TenPercentOwner | 3 | 2021–2026 | ||
| Birnbaum Beth A | Director | 8 | 2022–2026 | ||
| Bonakdarpour Mahtiyar | Officer | Chief Technology Officer; President and CTO | 42 | 2022–2026 | |
| Bateman Robert H. | Officer | Chief Financial Officer | 2 | 2022 | |
| Szudarek Julie | Director | 8 | 2022–2026 | ||
| Bullfrog Capital GP, Ltd. | TenPercentOwner | 1 | 2022 | ||
| Bullfrog Capital, L.P. | TenPercentOwner | 2 | 2022–2024 | ||
| Allison Jonathan | Officer | Chief Administrative Officer | 51 | 2023–2026 | |
| Dorsey Donna | Director | 5 | 2023–2026 | ||
| Forish Ryan | Officer | Chief Accounting Officer | 23 | 2024–2026 |
Everyone who filed an insider report for this company, from the SEC’s Insider Transactions Data Sets (2006 on). Person pages are matched by name and state only.
Private offerings before or after (Form D)
| First filed | Issuer | Industry | Offering | Sold | Investors | Filings |
|---|---|---|---|---|---|---|
| 2019-09-20 | Root Stockholdings, Inc. | Insurance | $360,000,023 | $360,000,023 | 15 | 1 |
Data: SEC EDGAR. The quarterly full index (every S-1, S-1/A, F-1 and F-1/A since 1993, with the pricing prospectus, notice of effectiveness and withdrawal request of each registrant) and the company submissions data (SIC, state of incorporation, address, EIN, tickers, former names). Company details are what EDGAR holds today, not at the time of the filing.
Also on this site Fuzzy
| Record | Name as filed | Where | Dataset | Matched by |
|---|---|---|---|---|
| Form D issuer | Root Stockholdings, Inc. | OH | Form D private offerings | CIK (EXACT) |
| SEC filer | Root, Inc. | SEC filers (EDGAR) | CIK (EXACT) | |
| Business registration | ROOT, INC | State business registries | name and state | |
| Political committee | ROOT, INC. POLITICAL ACTION COMMITTEE (ROOT PAC) (connected to ROOT, INC.) | Campaign finance (FEC) | name and state | |
| Form D issuer | ROOT, INC. | Form D private offerings | name and state | |
| Person page | Daniel H Rosenthal | People (Form 990 officers, directors and employees) | officer, director or 10% owner on the company's Forms 3, 4 and 5 (Director,Officer) | |
| Person page | Lawrence A Hilsheimer | People (Form 990 officers, directors and employees) | officer, director or 10% owner on the company's Forms 3, 4 and 5 (Director) | |
| Person page | Nancy J Kramer | People (Form 990 officers, directors and employees) | officer, director or 10% owner on the company's Forms 3, 4 and 5 (Director) |
Matched by an identifier (EIN, CIK, CRD), by name and state or city, or by street address; a shared name or address is not proof of the same person or organization. Every link says how it was made; how the cross-referencing works.