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 Ventures.
The company intends to use the funds to accelerate growth and build upon its made-for-insurance AI, enabling carriers, TPAs, brokers, and agents to drive improvements in overall business performance.
Led by CEO Chaz Perera, Roots Automation combines machine intelligence and human ingenuity in the form of advanced AI that reads, reasons and infers like humans. Its AI is trained on millions of non-public insurance documents, workflows and systems and continuously learns through interactions with human teams.
The company enables brands to liberate their teams from high-volume, complex workflows allowing them to focus on services and care.
FinSMEs
17/09/2024