Jerry runs an app that shops for car, home, renters, and motorcycle insurance for consumers as a licensed broker, not an insurer, and also tracks car upkeep. It made its name with the car insurance app it launched in 2019, which lines up quotes from many insurers side by side and checks prices again at each renewal. Customers buy a policy in the app, Jerry cancels the old one, and licensed agents answer questions by chat or phone, while insurers pay Jerry a commission on each sale. The app also sends maintenance reminders, flags recalls, gathers repair-shop quotes, and scores driving to earn insurance discounts. Jerry was founded in 2017 through the startup program Y Combinator and is based in Palo Alto, California.
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Industries
Company Size
201-500
Company Stage
Series C
Total Funding
$251.1M
Headquarters
Palo Alto, California
Founded
2017
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Total Funding
$251.1M
Above
Industry Average
Funded Over
7 Rounds
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Root and Jerry have partnered to integrate Root's car insurance directly into Jerry's app, allowing customers to obtain quotes and purchase policies without leaving the platform. The collaboration enables users to receive real-time quotes and complete purchases in minutes using existing profile data. The integration is currently available in 34 US states. Jerry customers can customise coverage limits and bind policies entirely within the app, with access to licensed agents seven days a week. Both companies can manage policies through their respective platforms. Root operates a technology-driven car insurance model using data science for personalised pricing. The Root app has reached nearly 18 million downloads and analysed close to 37 billion miles of driving data. Jerry provides a digital marketplace where users can compare quotes from over 100 insurers and manage car, home, motorcycle and renters insurance policies, alongside car care services.
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:
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Industries
Company Size
201-500
Company Stage
Series C
Total Funding
$251.1M
Headquarters
Palo Alto, California
Founded
2017
Find jobs on Simplify and start your career today