Roots
Company

Last deal

$315K

Amount

Pre-Seed

Stage

01.02.2019

Date

1

all rounds

$315K

Total amount

date founded

Financing round

General

About Company
Roots is an HR platform that helps organizations manage and engage their workforce.

Industry

Sector :

Subsector :

Also Known As

Roots Technologies, Inc.

founded date

01.04.2017

Number of employees

Company Type

For Profit

Last funding type

Pre-Seed

IPO status

Private

Description

The company's software, built inside of Slack, offers an out-of-office management system with task hand-off, coverage, and transition management. The platform aims to increase employee engagement and provides clients with the ability to measure it. In 2022, Roots was acquired by Deel and rebranded as Deel Engage, becoming a part of Deel's core HR platform. Prior to the acquisition, Roots supported over 400 global teams, including notable companies such as Dropbox and GitLab, and had over 50,000 users in 100+ countries.
Contacts

Contact Email

Social url

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M&A Details
1

Transaction name

Acquired by

Deel

announced date

14.01.2022

Financials

Funding Rounds
1
1

Number of Funding Rounds

$315K

Money Raised

Their latest funding was raised on 01.02.2019. Their latest investor Forum Ventures. Their latest round Pre-Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.02.2019
6
$315K
Co-Investors
Investors
6
0

Number of lead investors

6

Number of investors

Investor 
Lead 
Round 
Partners 
Forum Ventures

Forum Ventures

Forum Ventures is a leading early-stage fund, program, and community for B2B SaaS startups.

Sector

Finance and Credit Services

Subsector

Financial Data Providers

Keywords

SaaS, Venture Capital, B2B

Location

New York, NY, USA

count Of Investments

394

count Of Exists

30

Undisclosed Customer

count Of Investments

1

count Of Exists

1
Right Side Capital Management

Right Side Capital Management

Right Side Capital Management is a pre-seed venture capital firm that invests in early-stage technology startups.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

San Francisco, CA, USA

count Of Investments

1313

count Of Exists

221

People

Founders
2
Doug Franklin
Doug Franklin

Doug Franklin

current job

Roots
Roots

organization founded

1

Doug Franklin

Kevin Corliss
Kevin Corliss

Kevin Corliss

Kevin Corliss is the CEO & Founder at Roots. Attended Northeastern University.

current job

Roots
Roots

organization founded

1

Kevin Corliss

Employee Profiles
3

Ellen Meza

Advisor

Doug Franklin

Doug Franklin

CTO

Kevin Corliss

Kevin Corliss

CEO & Founder

Activity

Recent News
0