Filing Details

Accession Number:
0001104659-25-013252
Form Type:
13G Filing
Publication Date:
2025-02-13 19:00:00
Filed By:
Ribbit Capital IV, L.P.
Company:
Root Inc. (NASDAQ:ROOT)
Filing Date:
2025-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Beneficially Owned Number of Shares Beneficially Owned Number of Aggregate Shares Percent of Class
Ribbit Capital IV, L.P. 0 1,221,783 10.2%
RT-E Ribbit Opportunity IV, LLC 0 235,824 2.2%
Ribbit Capital GP IV, L.P. 0 1,457,607 12.0%
Ribbit Capital GP IV, Ltd. 0 1,457,607 12.0%
Bullfrog Capital, L.P. 0 0 0.0%
Bullfrog Capital GP, L.P. 0 0 0.0%
Bullfrog Capital GP, Ltd. 0 0 0.0%
Meyer Malka 0 1,457,607 12.0%
Filing





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  Represents shares of Class B common stock directly owned by Ribbit Capital IV, L.P. ("Fund IV") for itself and as nominee for Ribbit Founder Fund IV, L.P. ("FF IV"). Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Ribbit Capital GP IV, L.P. ("GP IV"), the general partner of Fund IV and FF IV, Ribbit Capital GP IV, Ltd. ("UGP IV"), the general partner of GP IV, and Meyer Malka ("Malka"), the sole director of UGP IV, may be deemed to have sole power to vote and dispose of these shares. The percent of class is based upon 10.7 million shares of Class A common stock reported to be outstanding as of October 23, 2024, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on October 30, 2024. Assumes the conversion of the Class B common stock held by the Reporting Person into Class A common stock.


SCHEDULE 13G



Comment for Type of Reporting Person:  Represents shares of Class B common stock directly owned by RT-E Ribbit Opportunity IV, LLC ("RT-E"). Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. GP IV, the managing member of RT-E, UGP IV, the general partner of GP IV, and Malka, the sole director of UGP IV, may be deemed to have sole power to vote and dispose of these shares. The percent of class is based upon 10.7 million shares of Class A common stock reported to be outstanding as of October 23, 2024, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on October 30, 2024. Assumes the conversion of the Class B common stock held by the Reporting Person into Class A common stock.


SCHEDULE 13G



Comment for Type of Reporting Person:  1,221,783 shares of Class B common stock are directly owned by Fund IV for itself and as nominee for FF IV and 235,824 shares of Class B common stock are directly owned by RT-E. Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. GP IV, the general partner of Fund IV and FF IV and the managing member of RT-E, UGP IV, the general partner of GP IV and Malka, the sole director of UGP IV, may be deemed to have sole power to vote and dispose of these shares. The percent of class is based upon 10.7 million shares of Class A common stock reported to be outstanding as of October 23, 2024, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on October 30, 2024. Assumes the conversion of the Class B common stock held by the Reporting Person into Class A common stock.


SCHEDULE 13G



Comment for Type of Reporting Person:  1,221,783 shares of Class B common stock are directly owned by Fund IV for itself and as nominee for FF IV and 235,824 shares of Class B common stock are directly owned by RT-E. Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. UGP IV is the general partner of GP IV, which is the general partner of Fund IV and FF IV and the managing member of RT-E, and Malka, the sole director of UGP IV, may be deemed to have sole power to vote and dispose of these shares. The percent of class is based upon 10.7 million shares of Class A common stock reported to be outstanding as of October 23, 2024, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on October 30, 2024. Assumes the conversion of the Class B common stock held by the Reporting Person into Class A common stock.


SCHEDULE 13G




SCHEDULE 13G




SCHEDULE 13G




SCHEDULE 13G



Comment for Type of Reporting Person:  1,221,783 shares of Class B common stock are directly owned by Fund IV for itself and as nominee for FF IV and 235,824 shares of Class B common stock are directly owned by RT-E. Each share of Class B common stock is convertible at any time at the option of the holder into one share of Class A common stock. Malka is the sole director of UGP IV, which is the general partner of GP IV, which is the general partner of Fund IV and FF IV and the managing member of RT-E and may be deemed to have sole power to vote and dispose of these shares. The percent of class is based upon 10.7 million shares of Class A common stock reported to be outstanding as of October 23, 2024, as set forth in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on October 30, 2024. Assumes the conversion of the Class B common stock held by the Reporting Person into Class A common stock.


SCHEDULE 13G


 
Ribbit Capital IV, L.P.
 
Signature:/s/ Meyer Malka
Name/Title:Meyer Malka, Director of General Partner of General Partner
Date:02/14/2025
 
RT-E Ribbit Opportunity IV, LLC
 
Signature:/s/ Meyer Malka
Name/Title:Meyer Malka, Director of General Partner of Managing Member
Date:02/14/2025
 
Ribbit Capital GP IV, L.P.
 
Signature:/s/ Meyer Malka
Name/Title:Meyer Malka, Director of General Partner
Date:02/14/2025
 
Ribbit Capital GP IV, Ltd.
 
Signature:/s/ Meyer Malka
Name/Title:Meyer Malka, Director
Date:02/14/2025
 
Bullfrog Capital, L.P.
 
Signature:/s/ Meyer Malka
Name/Title:Meyer Malka, Director of General Partner of General Partner
Date:02/14/2025
 
Bullfrog Capital GP, L.P.
 
Signature:/s/ Meyer Malka
Name/Title:Meyer Malka, Director of General Partner
Date:02/14/2025
 
Bullfrog Capital GP, Ltd.
 
Signature:/s/ Meyer Malka
Name/Title:Meyer Malka, Director
Date:02/14/2025
 
Meyer Malka
 
Signature:/s/ Meyer Malka
Name/Title:Meyer Malka
Date:02/14/2025