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Overview
Jerry is a digital platform that helps car owners manage car-related expenses with the AllCar App, which lets users compare insurance, refinance auto loans, and monitor repair costs, plus reminders and cost estimates. Users shop for insurance, refinance loans, and track maintenance costs; revenue comes from commissions or referral fees and partnerships with insurers, lenders, and service providers. It differentiates itself by combining insurance, loans, and maintenance in one app and by showing savings and handling much of the switching paperwork. Its goal is to simplify car ownership by providing a comprehensive, easy-to-use tool that helps users save money and manage all car-related expenses in one place.
About Jerry
Industries
Automotive & Transportation
Consumer Software
Fintech
Financial Services
Company Size
201-500
Company Stage
Series C
Total Funding
$251.1M
Headquarters
Palo Alto, California
Founded
2017
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Simplify's Take
What believers are saying
- GarageGuard™ captures $300B aftermarket via repair discounts and referrals.
- DriveShield™ enables usage-based insurance with telematics data sharing.
- Home insurance bundling leverages 4M users for higher lifetime value.
What critics are saying
- Gravity Lending delivers $169 monthly savings versus Jerry's $110.
- OEM services like Tesla and OnStar dominate GarageGuard competition.
- CFPB rules block proactive refinancing offers to 4M users.
What makes Jerry unique
- AllCar™ App integrates insurance comparison, refinancing, and GarageGuard™ repairs.
- DriveShield™ tracks driving scores for safety feedback after each trip.
- $110M Series C2 funding in Q2 2022 expanded free maintenance services.
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Funding
Total Funding
$251.1M
Above
Industry Average
Funded Over
7 Rounds
Y Combinator
SV AngelIndustry standards
Benefits
401K / Retirement Plan
Performance Bonus
Dental Insurance
Health & Wellness Package
Paid Time Off
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↓ -19%2 year growth
↑ 1%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.
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About Jerry
Industries
Automotive & Transportation
Consumer Software
Fintech
Financial Services
Company Size
201-500
Company Stage
Series C
Total Funding
$251.1M
Headquarters
Palo Alto, California
Founded
2017
Jerry is Hiring for 50 Jobs on Simplify!
Find jobs on Simplify and start your career today