Roots Automation develops AI-powered Digital Coworkers that combine machine intelligence and human expertise to read, reason, and infer like humans for the insurance industry. Its proprietary InsurGPT™ and the Roots Autonomous Workforce Platform transform unstructured insurance documents into actionable insights. The technology is designed to streamline operations, reduce manual tasks, and improve decision-making speed and accuracy. Roots reports impact across 35 U.S.-based insurance customers, including a 99% data-extraction accuracy for a P&C insurer and a 97% reduction in handling times for a commercial P&C and workers’ compensation carrier. Founded in 2018 and based in New York, the company trains its models on millions of non-public insurance documents, workflows, and systems. The new funding is intended to support market expansion, organizational growth, and continued product development. Roots Automation provides intelligent Digital Coworkers that combine machine intelligence and human ingenuity to perform tasks that read, think and intuit like people. The company’s AI-powered, digitized employees are pre-trained to understand and interact with documents, systems and processes commonly found in insurance, healthcare and banking. Led by CEO Chaz Perera, Roots positions its product for enterprise automation in document- and workflow-heavy industries. The firm intends to use new funding to accelerate growth and expand operations. The articles do not disclose operating metrics or revenue. Roots Automation provides Digital Coworkers as a Service, a cognitive process automation platform built on robotic process automation (RPA) to handle manual, monotonous tasks. The platform is designed to reduce time spent on low-value work and free employees to focus on customers and growth opportunities. The company targets financial services, insurance and healthcare verticals and serves customers across the United States, the UK and Canada. Launched in 2018 by Chaz Perera and John Cottongim and based in New York City, Roots offers its service to companies of all sizes to support daily operations. The company intends to use new funding to accelerate development of its proven Digital Coworkers technology and to scale customer acquisition in its core verticals.

Total raised

$35M

Funding rounds

3

Latest round

Series B

Latest activity

Oct 2024