Work Here?
About Jerry
Industries
Automotive & Transportation
Consumer Software
Fintech
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$222.8M
Headquarters
Palo Alto, California
Founded
2017
Overview
Jerry is a digital platform that helps car owners manage their expenses by providing a mobile app called AllCar™. This app allows users to compare insurance policies, refinance car loans, and monitor repair costs, while also rewarding good driving habits. Jerry stands out from competitors by offering a user-friendly experience that can lead to significant savings, with some users reporting reductions in insurance payments of up to $300 per month. The company's goal is to simplify car ownership by providing a comprehensive solution for insurance, financing, and maintenance.
Simplify's Take
What believers are saying
- Jerry's partnerships offer exclusive discounts, driving user acquisition and retention.
- Integration of telematics data personalizes insurance rates, boosting user engagement.
- Recent $110M funding supports expansion and innovation in services.
What critics are saying
- Data privacy concerns may lead to regulatory challenges for Jerry.
- Legal risks from pedestrian accidents could impact Jerry's insurance partners.
- Competitive pressure from similar apps could affect Jerry's market position.
What makes Jerry unique
- Jerry's AllCar™ App offers comprehensive car management, from insurance to maintenance.
- The app's GarageGuard feature provides predictive maintenance alerts, enhancing user experience.
- Jerry leverages AI for accurate repair cost estimates, increasing user trust.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$222.8M
Above
Industry Average
Funded Over
4 Rounds
SV Angel
Y CombinatorBenefits
401K / Retirement Plan
Performance Bonus
Dental Insurance
Health & Wellness Package
Paid Time Off
Growth & Insights and Company News
6 month growth
↓ -7%1 year growth
↓ -8%2 year growth
↓ -7%Greenstein & Milbauer, LLP Files Lawsuit Involving Pedestrian Knockdown AccidentsNEW YORK, Oct. 24, 2023 /PRNewswire/ -- Greenstein & Milbauer, LLP, a personal injury law firm based in New York City (www.nyclawfirm.com) has filed multiple lawsuits due to an alarming number of pedestrian knockdown accidents in New York City.In a case recently filed in the Supreme Court, New York County (154154/2023) a 55-year-old man was killed after being hit by a car in Manhattan. In a case recently filed in the Supreme Court, Bronx County (808961/2023) a 60-year-old man fractured his left pelvis and hip which required surgical intervention. In another case filed in Supreme Court, Kings County (525662/2023) a 12-year-old girl sustained a fractured ankle after being struck by a car. In a case filed in the Supreme Court, Bronx County (814339/2023), a 62-year-old woman sustained a traumatic brain injury ("TBI") after being hit by a bus. The problem is not limited to New York City
Fresh on the heels of the funding announcement, Jerry also introduced its GarageGuard feature, which serves up cost details on maintenance and repairs and discounts through its network of participating auto.
Jerry, a Palo Alto, CA-based provider of an app providing car services, raised an additional $110m in Series C2 equity and debt financing in Q2 2022.The Series C2 round was led by existing investor Park West Asset Management with participation from Goodwater Capital, Highland Capital Partners, and Plug And Play Ventures, among other existing investors. TriplePoint Capital led the debt facility and also invested in the equity financing. The new financing followed Jerry’s C1 round, bringing total funding to $242m. The company is using the funds to add free repair, maintenance and safety services. Led by Art Agrawal, co-founder and CEO, Jerry makes it easier to manage everything to do with a car. Services include:
Car insurance app . Jerry <i class="fa fa-info-circle company-popover" data-content="h3Jerry/h3. div
This app expansion was accelerated when Jerry quietly secured an additional $110 million in equity and debt financing in Q2 2022.
Jerry is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Jerry
Industries
Automotive & Transportation
Consumer Software
Fintech
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$222.8M
Headquarters
Palo Alto, California
Founded
2017
Jerry is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today