In 2010, CoverMyMeds won a state tax credit to expand its Columbus office. It was still housed within co-founder Matt Scantland’s custom software builder Innova Partners and largely funded by profits from Innova’s client work. The company had nine employees.
The smartphone technology and artificial intelligence to power Root Insurance’s all-digital auto coverage did not yet exist. And the company’s CEO-to-be was in Iowa, earning a triple bachelor’s degree.
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Story excerpt provided by Columbus Business First.
Written by Carrie Ghose.
Originally published December 23, 2019.