Root Revenue, Growth & Competitor Profile

DBA CARET HOLDINGS, INC.

Company Profile & Annual Report for Root

Access the complete profile.

Root Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	500 - 1,000Exact Company Size
Primary Industry	52421 Insurance Agencies & Brokers
Additional NAICS Codes	551112 Offices of Other Holding Companies
Address	80 E Rich Street Columbus, OH 43215

Note: Revenues for privately held companies are statistical evaluations.


Root's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Root's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Root is classified as operating in the Insurance Agencies & Brokers industry, NAICS Code 52421.

Root Annual Revenue and Growth Rate

Root	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Root's revenues are gauged from an analysis of company filings.

Root's Income Statement (based on Industry Averages)

Root P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Root has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
September 20, 2019	15	100%	$360 MM
Complete list of funding rounds and total amounts in the Company Report

Market Share of Root's Largest Competitors

A competitive analysis shows these companies are in the same general field as Root, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
SAGEWELL HEALTHCARE BENEFITS TRUST	Pittsburgh, PA	100
LOS ANGELES CITY EMPLOYEES ASSN.	Los Angeles, CA	10
SEQUOIA ONE PEO	Tempe, AZ	5
ARTHUR J. GALLAGHER	Itasca, IL	4
MARSH & MCLENNAN COMPANIES	New York, NY	4
WILLIS NORTH AMERICA	Nashville, TN	3
IOWA BANKERS MORTGAGE	Johnston, IA	3
LOCKTON	Kansas City, MO	2
HUB INTERNATIONAL LIMITED	Chicago, IL	2

Nearby Competitors

These companies are similar in business line and location to Root. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
BROADSTREET PARTNERS	Columbus, OH	100
PRIME HR SERVICE	Columbus, OH	98
ASSUREX GLOBAL	Columbus, OH	37
ROOT	Columbus, OH	35
BRANCH FINANCIAL	Columbus, OH	30
BEAM TECHNOLOGIES	Columbus, OH	15

Future Competition: Root's Fastest Growing Competitors

These companies are in the same general field as Root and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)