Roots Automation Raises $22.2M to Accelerate Growth of AI-Powered Digital Coworker and InsurGPT
Roots Automation is dedicated to combining machine intelligence with human expertise, developing AI solutions that enhance the efficiency and effectiveness of insurance operations.
Company Name: Roots Automation
Location: New York City, NY
Sector: AI, Insurance, Automation
Funding Details: Raised $22.2M in funding led by Harbert Growth Partners, with participation from MissionOG, Liberty Mutual Strategic Ventures, and Vestigo Ventures.
Purpose of Investment: The company intends to use the funds to accelerate growth and further develop its AI-powered solutions for insurance carriers, TPAs, brokers, and agents, driving improvements in business performance.
Product and Innovation: Led by CEO Chaz Perera, Roots Automation offers AI-powered solutions, including the Digital Coworker and InsurGPT™. Their AI reads, reasons, and infers like humans, with training on millions of non-public insurance documents, workflows, and systems. The AI continues to learn from interactions with human teams, helping insurance companies automate complex, high-volume workflows.
Recent Developments: Roots Automation’s solutions are designed to free up insurance teams from time-consuming tasks, allowing them to focus on delivering improved customer services and care.
About the Company: Roots Automation is dedicated to combining machine intelligence with human expertise, developing AI solutions that enhance the efficiency and effectiveness of insurance operations. Its technology empowers businesses to streamline workflows, making teams more productive and improving overall business performance.