Total Raised

$57.4M

Investors Count

12

Deal Terms

3

Funding, Valuation & Revenue

10 Fundings

Roots has raised $57.4M over 10 rounds.

Roots's latest funding round was a Series B for $22.2M on September 17, 2024.

Roots's valuation in November 2022 was $35 - $45M.

Roots's latest post-money valuation is from September 2024.

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Date

Round

Amount

Investors

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Revenue

Sources

9/17/2024

Series B

$22.2M

$XXM

0

FY undefined

4

7/10/2024

Convertible Note - III

$10.2M

Undisclosed Investors

$XXM

0

FY undefined

1

1/18/2024

Unattributed VC

$XXM

0

FY undefined

6

9/6/2023

Incubator/Accelerator

$XXM

0

FY undefined

10

11/1/2022

Series A

$XXM

$35 - $45M

0

FY undefined

10

Date

9/17/2024

7/10/2024

1/18/2024

9/6/2023

11/1/2022

Round

Series B

Convertible Note - III

Unattributed VC

Incubator/Accelerator

Series A

Amount

$22.2M

$10.2M

$XXM

Investors

Undisclosed Investors

Valuation

$XXM

$XXM

$XXM

$XXM

$35 - $45M

Revenue

0

FY undefined

0

FY undefined

0

FY undefined

0

FY undefined

0

FY undefined

Sources

4

1

6

10

10

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Roots Deal Terms

3 Deal Terms

Roots's deal structure is available for 3 funding rounds, including their Series B from September 17, 2024.

Round

Series B

Series A

Convertible Note

Funding Date

$XXM

$XXM

$XXM

Pre-Money Valuation

$XXM

$XXM

$XXM

Post-Money Valuation

$XXM

$XXM

$XXM

Amount Raised

$XXM

$XXM

$XXM

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

Anti Dilution

General Voting

$XXM

$XXM

$XXM

Board Voting

$XXM

$XXM

$XXM

Par Value

Round

Funding Date

Pre-Money Valuation

Post-Money Valuation

Amount Raised

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

Anti Dilution

General Voting

Board Voting

Par Value

Series B

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Series A

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Convertible Note

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Roots Investors

12 Investors

Roots has 12 investors. Vestigo Ventures invested in Roots's Series B funding round.

First funding

Last Funding

Investor

Rounds

Board Seats

Type

Location

11/11/2020

9/17/2024

3
Seed VC, Series A (2022), Series B (2024)

Venture Capital

Massachusetts

11/1/2022

9/17/2024

2
Series A, Series B (2024)

Venture Capital

Pennsylvania

11/1/2022

9/17/2024

2
Series A, Series B (2024)

Corporate Venture

Massachusetts

00/00/0000

00/00/0000

Harbert Growth Partners

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Growth Equity

Alabama

00/00/0000

00/00/0000

Erie Strategic Ventures

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Corporate Venture

Pennsylvania

First funding

11/11/2020

11/1/2022

11/1/2022

00/00/0000

00/00/0000

Last Funding

9/17/2024

9/17/2024

9/17/2024

00/00/0000

00/00/0000

Investor

Harbert Growth Partners

Erie Strategic Ventures

Rounds

3
Seed VC, Series A (2022), Series B (2024)
2
Series A, Series B (2024)
2
Series A, Series B (2024)

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Board Seats

Type

Venture Capital

Venture Capital

Corporate Venture

Growth Equity

Corporate Venture

Location

Massachusetts

Pennsylvania

Massachusetts

Alabama

Pennsylvania

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