Jones

Jones

Automated insurance compliance management platform

Overview

Jones provides a SaaS platform for insurance compliance and COI (certificate of insurance) management, mainly serving Real Estate and Construction. Its product automates vetting, prequalifying, and ongoing compliance of subcontractors and vendors, ensuring they meet insurance requirements. The platform works by integrating with clients’ existing systems (notably Procore) to manage COIs within current workflows, allowing vendors to be approved in hours rather than weeks. This differentiation comes from its industry focus and seamless Procore integration, which streamlines what is typically a manual, paperwork-heavy process. Jones’ goal is to reduce risk and accelerate project timelines by simplifying compliance and improving operational efficiency for building operations, work orders, and tenant experience.

About Jones

Simplify's Rating
Why Jones is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Real Estate

Company Size

201-500

Company Stage

Series B

Total Funding

$38.4M

Headquarters

New York City, New York

Founded

2017

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Simplify's Take

What believers are saying

  • Q1 2026 AI Support Agent launch enhances customer retention and competitive moat.
  • Series B funding scales platform amid growing US construction insurance automation demand.
  • Vendor consolidation risk creates switching costs as customers embed Jones workflows.

What critics are saying

  • Procore native COI verification erodes integration value; 50-70% probability within 12 months.
  • RealTime Compliance captures 15% market share at 40% below Jones pricing.
  • MRI Software develops in-house compliance module, displacing Jones for property managers.

What makes Jones unique

  • AI-powered vertical platform managing 2.7 billion square feet across 36,000 projects.
  • Seamless integrations with Procore, MRI Software, and CMiC accelerate COI verification.
  • The Jones Network provides single source of truth for verified insurance data.

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Funding

Total Funding

$38.4M

Below

Industry Average

Funded Over

6 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

3%
Jones
Jan 14th, 2026
Jones, the AI-Powered Insurance Verification Platform, Appoints Veteran SaaS Executive Paul Szemerenyi as CEO

Jones, the ai-powered insurance verification platform, appoints veteran SaaS Executive Paul Szemerenyi as CEO. NEW YORK, NY - January 14, 2026 - Jones, the leading vertical AI platform for insurance verification in Construction and Real Estate, today announced the appointment of Paul Szemerenyi as Chief Executive Officer. The transition was initiated by Co-Founder CEO Omri Stern as part of a long-term strategy to scale the company's operations and meet unprecedented market demand. Szemerenyi, a proven leader with extensive experience scaling global SaaS companies, will succeed Stern as CEO. Following the transition, Stern will remain a central figure in the company's future, moving into an active role on the Board of Directors to focus on long-term strategy and innovation. The leadership evolution comes as Jones operates from a position of record strength. The company currently manages insurance risk in over 2.7 billion square feet of real estate properties and construction projects, powered by a team of 231 employees across four global locations. "When we founded Jones in 2017, I envisioned an AI solution that would fundamentally change how our industry manages insurance risk," said Omri Stern, Founder of Jones. "Today, we have achieved that vision and more - Jones has become the clear category leader, with 36,000+ projects powered by AI agents that set the industry standard for speed and accuracy. Because we are operating from this position of strength, I felt now was the perfect moment to bring in a new CEO with the specific expertise required for our next phase of scale. Paul possesses a rare combination of operational rigor and people-centric leadership that aligns perfectly with our culture and our ambitions." February 24, 2017 - Co-Founders, Omri and Michael, pose after winning 1st place in the AXA InsurTech Venture Competition in Herzliya, Israel. Szemerenyi brings a distinguished track record as a CEO and go-to-market leader at high-growth SaaS companies including Allbound, Bizzabo, and Fuze. His expertise in scaling global technology platforms will be instrumental as Jones accelerates product innovation and expands its market dominance. "Jones has built a category-defining AI platform that solves critical pain points for an entire industry," said Paul Szemerenyi. "The company's combination of technical innovation, market leadership, and customer trust creates an extraordinary foundation. I am honored to partner with the Co-Founders, Omri and Michael, alongside this world-class team to scale Jones to its full potential." The transition will follow a structured period through March 31, 2026, ensuring seamless continuity for customers and partners. All current initiatives and product enhancements remain on track, including the highly anticipated Q1 2026 release of the Jones AI Support Agent. Jones is a vertical AI company helping construction and real estate firms to make smart decisions about insurance risk so they can boost efficiency and mitigate claims. Serving over 36,000 projects and properties across 2.7 billion square feet, Jones is the only platform that delivers expert insurance verification with AI speed that modern enterprises demand at scale. Learn more at www.getjones.com. Ready to improve your COI management? If you use a COI tracking system today, you've likely experienced OCR (Optical Character Recognition) technology.

Calcalist
Jan 6th, 2025
Jones lands $15 million Series B to drive automation in construction insurance | Ctech

With growing demand for automated risk solutions, the startup has raised capital to scale its platform in the US.

AlleyWatch
Jul 29th, 2022
The AlleyWatch Startup Daily Funding Report: 7/29/2022

The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/29/2022 featuring funding details for Player's Lounge, Jones Software, and much more.

NoCamels
Jul 19th, 2021
Israeli-Founded Commercial Real Estate Startup Jones Raises $12.5M

Jones, the Israeli commercial real estate startup that automates the insurance compliance process for tenants and property managers, raised a $12.5 Series A funding round, according to a company announcement on Monday.

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