A former Root Insurance product manager has raised $24.6 million over the past year from venture capital firms, real estate tech giant Opendoor and her former employer for a startup to digitize the cumbersome real estate title process.
Empora Title Inc. launched publicly from stealth mode Wednesday, announcing a $20 million Series A round to speed growth to markets nationwide.
CEO Megan Harris founded the Columbus company in December 2020, leaving Root Inc. after one year developing user experience. It’s a common pattern for startup employees to leave to build something new after an acquisition or IPO; Root went public last fall.
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Story excerpt provided by Columbus Inno.
Written by Carrie Ghose.
Originally published December 1, 2021.