# EDGAR Filing Document

**Accession Number:** 0000719739
**File Stem:** 0000719739-23-000014
**Filing Date:** 2023-2
**Character Count:** 27089
**Document Hash:** a6b329fb0a1d3f35e7a8e973b20d1b47
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000719739-23-000014.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0000719739-23-000014

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Root, Inc.
- **CENTRAL INDEX KEY:** 0001788882
- **STANDARD INDUSTRIAL CLASSIFICATION:** FIRE, MARINE & CASUALTY INSURANCE [6331]
- **IRS NUMBER:** 842717903
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91816
- **FILM NUMBER:** 23611980

**BUSINESS ADDRESS:**
- **STREET 1:** 80 E RICH STREET
- **STREET 2:** SUITE 500
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
- **BUSINESS PHONE:** (614) 591-4568

**MAIL ADDRESS:**
- **STREET 1:** 80 E RICH STREET
- **STREET 2:** SUITE 500
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Root Stockholdings, Inc.
- **DATE OF NAME CHANGE:** 20190919
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SVB FINANCIAL GROUP
- **CENTRAL INDEX KEY:** 0000719739
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 911962278
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 3003 TASMAN DR
- **CITY:** SANTA CLARA
- **STATE:** CA
- **ZIP:** 95054
- **BUSINESS PHONE:** 4086547400

**MAIL ADDRESS:**
- **STREET 1:** 3003 TASMAN DRIVE
- **CITY:** SANTA CLARA
- **STATE:** CA
- **ZIP:** 95054

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SILICON VALLEY BANCSHARES
- **DATE OF NAME CHANGE:** 19920703

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13G**

**Under the Securities Exchange Act of 1934**

**(Amendment No. 2)\***

**Root, Inc.**

(Name of Issuer)

**Class A Common Stock, par value $0.0001 per share**

(Title of Class of Securities)

**77664L 207**

(CUSIP Number)

**December 31, 2022**

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ]&nbsp;&nbsp;&nbsp;&nbsp;Rule 13d-1(b)

[ ]&nbsp;&nbsp;&nbsp;&nbsp;Rule 13d-1(c)

[X]&nbsp;&nbsp;&nbsp;&nbsp;Rule 13d-1(d)

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("<u>Act</u>") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

&nbsp;&nbsp;&nbsp;&nbsp;

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CUSIP No. **77664L 207**<br>

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| | | | |
|:---|:---|:---|:---|
| 1 | Names of Reporting Persons.<br>**SVB Financial Group** | Names of Reporting Persons.<br>**SVB Financial Group** | Names of Reporting Persons.<br>**SVB Financial Group** |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] |
| 3. | SEC Use Only | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>**Delaware** | Citizenship or Place of Organization<br>**Delaware** | Citizenship or Place of Organization<br>**Delaware** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 5. | Sole Voting Power: **0** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 6. | Shared Voting Power: **783,012**<sup>(1)</sup> |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 7. | Sole Dispositive Power: **0** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 8. | Shared Dispositive Power: **783,012**<sup>(1)</sup> |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**783,012**<sup>(1)</sup> | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**783,012**<sup>(1)</sup> | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**783,012**<sup>(1)</sup> |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>**8.6%**<sup>(2)</sup> | Percent of Class Represented by Amount in Row (9)<br>**8.6%**<sup>(2)</sup> | Percent of Class Represented by Amount in Row (9)<br>**8.6%**<sup>(2)</sup> |
| 12. | Type of Reporting Person (See Instructions)<br>HC-CO-IA | Type of Reporting Person (See Instructions)<br>HC-CO-IA | Type of Reporting Person (See Instructions)<br>HC-CO-IA |
| (1) Consists of 627,012 shares of Class A Common Stock held by Capital Partners III, L.P. and 156,000 shares of Class A Common Stock held by Venture Overage Fund, L.P.<br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission ("SEC") on November 9, 2022. | (1) Consists of 627,012 shares of Class A Common Stock held by Capital Partners III, L.P. and 156,000 shares of Class A Common Stock held by Venture Overage Fund, L.P.<br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission ("SEC") on November 9, 2022. | (1) Consists of 627,012 shares of Class A Common Stock held by Capital Partners III, L.P. and 156,000 shares of Class A Common Stock held by Venture Overage Fund, L.P.<br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission ("SEC") on November 9, 2022. | (1) Consists of 627,012 shares of Class A Common Stock held by Capital Partners III, L.P. and 156,000 shares of Class A Common Stock held by Venture Overage Fund, L.P.<br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission ("SEC") on November 9, 2022. |

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| | | | |
|:---|:---|:---|:---|
| 1. | Names of Reporting Persons.<br>**SVB Capital Partners III, LLC** | Names of Reporting Persons.<br>**SVB Capital Partners III, LLC** | Names of Reporting Persons.<br>**SVB Capital Partners III, LLC** |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] |
| 3. | SEC Use Only | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>**Delaware** | Citizenship or Place of Organization<br>**Delaware** | Citizenship or Place of Organization<br>**Delaware** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 5. | Sole Voting Power: **0** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 6. | Shared Voting Power: **627,012**<sup>(1)</sup> |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 7. | Sole Dispositive Power: **0** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 8. | Shared Dispositive Power: **627,012**<sup>(1)</sup> |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**627,012**<sup>(1)</sup> | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**627,012**<sup>(1)</sup> | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**627,012**<sup>(1)</sup> |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>**6.9%**<sup>(2)</sup> | Percent of Class Represented by Amount in Row (9)<br>**6.9%**<sup>(2)</sup> | Percent of Class Represented by Amount in Row (9)<br>**6.9%**<sup>(2)</sup> |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |
| (1) Consists of 627,012 shares of Class A Common Stock held by Capital Partners III, L.P. <br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Consists of 627,012 shares of Class A Common Stock held by Capital Partners III, L.P. <br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Consists of 627,012 shares of Class A Common Stock held by Capital Partners III, L.P. <br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Consists of 627,012 shares of Class A Common Stock held by Capital Partners III, L.P. <br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. |

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| | | | |
|:---|:---|:---|:---|
| 1. | Names of Reporting Persons.<br>**Capital Partners III, L.P** | Names of Reporting Persons.<br>**Capital Partners III, L.P** | Names of Reporting Persons.<br>**Capital Partners III, L.P** |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] |
| 3. | SEC Use Only | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>**Delaware** | Citizenship or Place of Organization<br>**Delaware** | Citizenship or Place of Organization<br>**Delaware** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 5. | Sole Voting Power: **0** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 6. | Shared Voting Power: **627,012** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 7. | Sole Dispositive Power: **0** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 8. | Shared Dispositive Power: **627,012** |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**627,012** | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**627,012** | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**627,012** |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>**6.9%**<sup>(1)</sup> | Percent of Class Represented by Amount in Row (9)<br>**6.9%**<sup>(1)</sup> | Percent of Class Represented by Amount in Row (9)<br>**6.9%**<sup>(1)</sup> |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |
| (1) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. |

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| | | | |
|:---|:---|:---|:---|
| 1. | Names of Reporting Persons.<br>**SVB Capital Venture Overage, LLC** | Names of Reporting Persons.<br>**SVB Capital Venture Overage, LLC** | Names of Reporting Persons.<br>**SVB Capital Venture Overage, LLC** |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] |
| 3. | SEC Use Only | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>**Delaware** | Citizenship or Place of Organization<br>**Delaware** | Citizenship or Place of Organization<br>**Delaware** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 5. | Sole Voting Power: **0** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 6. | Shared Voting Power: **156,000**<sup>(1)</sup> |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 7. | Sole Dispositive Power: **0** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 8. | Shared Dispositive Power: **156,000**<sup>(1)</sup> |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**156,000**<sup>(1)</sup> | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**156,000**<sup>(1)</sup> | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**156,000**<sup>(1)</sup> |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>**1.7%**<sup>(2)</sup> | Percent of Class Represented by Amount in Row (9)<br>**1.7%**<sup>(2)</sup> | Percent of Class Represented by Amount in Row (9)<br>**1.7%**<sup>(2)</sup> |
| 12. | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO | Type of Reporting Person (See Instructions)<br>OO |
| (1) Consists of 156,000 shares of Class A Common Stock held by Venture Overage Fund, L.P. <br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Consists of 156,000 shares of Class A Common Stock held by Venture Overage Fund, L.P. <br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Consists of 156,000 shares of Class A Common Stock held by Venture Overage Fund, L.P. <br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Consists of 156,000 shares of Class A Common Stock held by Venture Overage Fund, L.P. <br>(2) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. |

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| | | | |
|:---|:---|:---|:---|
| 1. | Names of Reporting Persons.<br>**Venture Overage Fund, L.P.**  | Names of Reporting Persons.<br>**Venture Overage Fund, L.P.**  | Names of Reporting Persons.<br>**Venture Overage Fund, L.P.**  |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ]<br>(b) [ ] |
| 3. | SEC Use Only | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>**Delaware** | Citizenship or Place of Organization<br>**Delaware** | Citizenship or Place of Organization<br>**Delaware** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 5. | Sole Voting Power: **0** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 6. | Shared Voting Power: **156,000** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 7. | Sole Dispositive Power: **0** |
| Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | Number of <br>Shares <br>Beneficially <br>Owned by Each <br>Reporting <br>Person With: | 8. | Shared Dispositive Power: **156,000** |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**156,000** | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**156,000** | Aggregate Amount Beneficially Owned by Each Reporting Person<br>**156,000** |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>**1.7%**<sup>(1)</sup> | Percent of Class Represented by Amount in Row (9)<br>**1.7%**<sup>(1)</sup> | Percent of Class Represented by Amount in Row (9)<br>**1.7%**<sup>(1)</sup> |
| 12. | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN | Type of Reporting Person (See Instructions)<br>PN |
| (1) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. | (1) Based on 9,100,000 shares of Class A Common Stock outstanding at November 2, 2022 as reported in the Issuer's Form 10-Q filed with the SEC on November 9, 2022. |

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**Item 1.&nbsp;&nbsp;&nbsp;&nbsp;** 

(a) **Name of Issuer:** Root, Inc.

(b) **Address of Issuer's Principal Executive Offices** 80 E. Rich Street, Suite 500 Columbus, Ohio 43215 <br>

(a) **Name of Person Filing** SVB Financial Group <br> SVB Capital Partners III, LLC <br> Capital Partners III, L.P. <br> SVB Capital Venture Overage, LLC <br> Venture Overage Fund, L.P. <br>

(b) **Address of Principal Business Office or, if none, Residence** **SVB Financial Group** <br> 3003 Tasman Drive Santa Clara, California 95054-1191 <br> **SVB Capital Partners III, LLC** <br> 2770 Sand Hill Road Menlo Park, California 94025 <br> **Capital Partners III, L.P.** <br> 2770 Sand Hill Road Menlo Park, California 94025 <br> **SVB Capital Venture Overage, LLC** <br> 2770 Sand Hill Road Menlo Park, California 94025 <br> **Venture Overage Fund, L.P.** <br> 2770 Sand Hill Road Menlo Park, California 94025

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(c) **Citizenship** Each Reporting Person is a citizen of Delaware. <br>

(d) **Title of Class of Securities** Class A Common Stock

(e) **CUSIP Number** **77664L 207**

**Item 3.&nbsp;&nbsp;&nbsp;&nbsp;If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

Not applicable.

**Item 4.&nbsp;&nbsp;&nbsp;&nbsp;Ownership.**

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| | | |
|:---|:---|:---|
| (a) | **Amount beneficially owned:**<br>See the responses to Item 9 on the attached cover pages. | **Amount beneficially owned:**<br>See the responses to Item 9 on the attached cover pages. |
| (b) | **Percent of class:** <br>See the responses to Item 11 on the attached cover pages. | **Percent of class:** <br>See the responses to Item 11 on the attached cover pages. |
| (c) | Number of shares as to which the person has: | Number of shares as to which the person has: |
|  | (i) | **Sole power to vote or to direct the vote** <br>See the responses to Item 5 on the attached cover pages. |
|  | (ii) | **Shared power to vote or to direct the vote** <br>See the responses to Item 6 on the attached cover pages. |
|  | (iii) | **Sole power to dispose or to direct the disposition of** <br>See the responses to Item 7 on the attached cover pages. |
|  | (iv) | **Shared power to dispose or to direct the disposition of** <br>See the responses to Item 8 on the attached cover pages. |

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**Item 5.&nbsp;&nbsp;&nbsp;&nbsp;Ownership of Five Percent or Less of a Class.**

Not Applicable.

**Item 6.&nbsp;&nbsp;&nbsp;&nbsp;Ownership of More than Five Percent on Behalf of Another Person.**

Not Applicable.

**Item 7.&nbsp;&nbsp;&nbsp;&nbsp;Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.**

See Exhibit 99.2.

**Item 8.&nbsp;&nbsp;&nbsp;&nbsp;Identification and Classification of Members of the Group.**

Not Applicable.

**Item 9.&nbsp;&nbsp;&nbsp;&nbsp;Notice of Dissolution of Group.**

Not Applicable.

**Item 10.&nbsp;&nbsp;&nbsp;&nbsp;Certification.**

Not applicable.

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**SIGNATURE**

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 10, 2023

**SVB Financial Group** 

By: <u>&nbsp;&nbsp;&nbsp;&nbsp;/s/ Karen Hon&nbsp;&nbsp;&nbsp;&nbsp;</u>

Name:&nbsp;&nbsp;&nbsp;&nbsp;Karen Hon

Title:&nbsp;&nbsp;&nbsp;&nbsp;Chief Accounting Officer

**SVB Capital Partners III, LLC**

By: <u>&nbsp;&nbsp;&nbsp;&nbsp;/s/ Andrew Olson&nbsp;&nbsp;&nbsp;&nbsp;</u>

Name:&nbsp;&nbsp;&nbsp;&nbsp;Andrew Olson

Title:&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer, SVB Capital

**Capital Partners III, L.P.** 

By: SVB Capital Partners III, LLC, its general partner

By: <u>&nbsp;&nbsp;&nbsp;&nbsp;/s/ Andrew Olson&nbsp;&nbsp;&nbsp;&nbsp;</u>

Name:&nbsp;&nbsp;&nbsp;&nbsp;Andrew Olson

Title:&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer, SVB Capital

**SVB Capital Venture Overage , LLC**

By: <u>&nbsp;&nbsp;&nbsp;&nbsp;/s/ Andrew Olson&nbsp;&nbsp;&nbsp;&nbsp;</u>

Name:&nbsp;&nbsp;&nbsp;&nbsp;Andrew Olson

Title:&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer, SVB Capital

**Venture Overage Fund, L.P.** 

By: SVB Capital Venture Overage, LLC, its general partner

By: <u>&nbsp;&nbsp;&nbsp;&nbsp;/s/ Andrew Olson&nbsp;&nbsp;&nbsp;&nbsp;</u>

Name:&nbsp;&nbsp;&nbsp;&nbsp;Andrew Olson

Title:&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer, SVB Capital

&nbsp;&nbsp;&nbsp;&nbsp;

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**INDEX TO EXHIBITS**

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| | | | |
|:---|:---|:---|:---|
| **Exhibit Number** | **Exhibit Description** | | |
| **Exhibit Number** | **Exhibit Description** | 99.1 | <u>[Joint Filing Agreement](http://www.sec.gov/Archives/edgar/data/719739/000071973922000012/rootsc13-gaexhibit991.htm)[(incorporated by reference to Exhibit 99.1 to the Schedule 13G filed by the Reporting Pers](http://www.sec.gov/Archives/edgar/data/719739/000071973922000012/rootsc13-gaexhibit991.htm)[ons with the SEC on February 11, 2022)](http://www.sec.gov/Archives/edgar/data/719739/000071973922000012/rootsc13-gaexhibit991.htm)</u> |
| 99.2 | <u>[Item 7 Information](http://www.sec.gov/Archives/edgar/data/719739/000071973922000012/rootsc13-gaexhibit992.htm)[(inc](http://www.sec.gov/Archives/edgar/data/719739/000071973922000012/rootsc13-gaexhibit992.htm)[orporated by reference to Exhibit 99.2 to the](http://www.sec.gov/Archives/edgar/data/719739/000071973922000012/rootsc13-gaexhibit992.htm)[S](http://www.sec.gov/Archives/edgar/data/719739/000071973922000012/rootsc13-gaexhibit992.htm)[chedule 13G filed by the Reporting Persons with the SEC on February 11, 2022](http://www.sec.gov/Archives/edgar/data/719739/000071973922000012/rootsc13-gaexhibit992.htm)[)](http://www.sec.gov/Archives/edgar/data/719739/000071973922000012/rootsc13-gaexhibit992.htm)</u> |  |  |

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