Roots Automation is bringing the concept of Digital Coworkers to the marketplace, powered by Cognitive Process Automation. With the support of cognitive AI and developed by former AIG and Mars Executives, these bots increase the efficiency of financial services, insurance, and healthcare organizations and typically return a 250% ROI.
With the capability to think, read, and intuit like a human, Digital Coworkers enable the workforce to become more strategic and effective while fully automating operational, financial, and related processes. From startups to Fortune 500 companies, AI automation is now available to everyone.
info@rootsautomation.com
With the capability to think, read, and intuit like a human, Digital Coworkers enable the workforce to become more strategic and effective while fully automating operational, financial, and related processes. From startups to Fortune 500 companies, AI automation is now available to everyone.
info@rootsautomation.com
Location: United States, New York
Employees: 11-50
Total raised: $35.4M
Founded date: 2018
Investors 3
| Date | Name | Website |
| - | Right Side... | rightsidec... |
| 08.02.2024 | Touchdown ... | touchdownv... |
| - | Forum Vent... | forumvc.co... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 23.09.2024 | Series B | $22.2M | - |
| 10.11.2022 | Series A | $10M | - |
| 11.11.2020 | Seed | $3.2M | - |
Mentions in press and media 19
| Date | Title | Description |
| 23.09.2024 | Roots Automation: AI-Based Digital Coworker And InsurGPT Company Secures $22.2 Million (Series B) | Roots Automation, the creator of the AI-Based Digital Coworker and InsurGPT (the world’s first generative AI model for insurance), announced the closing of a $22.2 million Series B funding round. Harbert Growth Partners led the round, inclu... |
| 18.09.2024 | Roots Automation: A New Dawn for Insurance Efficiency | In the bustling heart of New York City, a revolution is brewing. Roots Automation, a startup founded in 2018, has emerged as a beacon of innovation in the insurance technology landscape. With a recent funding round of $22.2 million, the com... |
| 18.09.2024 | Roots Automation Raises $22.2M to Tackle Unstructured Data in Insurance with Digital Coworkers | Data is the lifeblood of the insurance industry, enabling more accurate risk assessment, personalized pricing, and improved claims processing. Harnessing unstructured data allows insurers to gain deeper insights into customer behavior and e... |
| 17.09.2024 | Roots Automation raises $22.2M to boost efficiency for insurance firms with generative AI Your vote of support is important to us and it helps us keep the content FREE. One click below supports our mi... | Insurance technology startup Roots Automation Inc. is looking to transform the industry with dedicated generative artificial intelligence models after closing on a new $22.2 million funding round. Today’s Series B round was led by Harbert G... |
| 17.09.2024 | Roots Automation Raises $22.2M in Funding | Roots Automation, a NYC-based creator of the AI-powered Digital Coworker and InsurGPT™, raised $22.2M in funding. The round was led by Harbert Growth Partners, with participation from MissionOG, Liberty Mutual Strategic Ventures and Vestigo... |
| 17.09.2024 | Roots Automation raises $22.2 million | Roots Automation Roots Automation Founded: 2018 Headquarters: New York, New York, United States Total Funding: $33.75M See full company profile "> , a New York City-based company specializing in “digital coworkers as a service,” has... |
| 22.07.2024 | Liberty Mutual Strategic Ventures announces second venture capital fund | Liberty Mutual Strategic Ventures is announcing the launch of its second venture capital fund, with $200 million aimed at supporting entrepreneurs “reshaping the future” of the P&C insurance industry. Since launching its flagship $150 m... |
| 03.11.2023 | Roots Automation Unveils Revolutionary New Autonomous Workforce Platform | Roots Automation, creator of the AI-powered Digital Coworker, announced the introduction of the Roots Autonomous Workforce Platform – the first language-oriented platform for claims, underwriting and insurance organizations to deploy their ... |
| 15.05.2023 | Roots Automation Introduces InsurGPT – the World’s Most Advanced Generative AI Model for Insurance | Roots Automation, creator of AI-powered Digital Coworkers, announced the release of InsurGPT – the world’s most advanced fine-tuned Generative AI model, designed specifically for the Insurance market. InsurGPT further expands the natural la... |
| 02.01.2023 | The rise of the digital coworker [Q&A] | Talent shortages are affecting many industries at the moment and increasingly enterprises are turning to technologies like robotic process automation (RPA) to fill the gaps. Now there's a new alternative in the form of the 'digital coworker... |
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