Jerry is an innovative startup that has set out to revolutionize car ownership in America. Founded in 2017, the company's mission is to make car ownership more affordable and accessible, which is encapsulated in their slogan "Jerry is America's first and only AllCar™ app." The company's recent $110.00M Series C investment on 02 August 2023 has attracted notable investors including Goodwater Capital, Highland Capital Partners, TriplePoint Capital, Park West Asset Management, and Plug and Play. Jerry introduces its groundbreaking AllCar™ app, comprising innovative features such as PriceProtect™, GarageGuard™, and DriveShield™, reimagining every aspect of car ownership. This approach has garnered significant success, with 5 million customers nationwide, making it the top-rated and most downloaded app in its category. The company has also been recognized through accolades such as being featured in the YCombinator Top Companies List, 2023 and named as one of Forbes/Statistica America’s Best Startup Employers, 2023, as well as their CEO, Art Agrawal, being acknowledged as a Top 25 InsurTech CEO, 2022. Jerry's rapid growth and success can be attributed to its team, comprised of serial entrepreneurs, tech alumni, and experts in the fields of fintech, insurtech, and auto industries. The company is headquartered in Silicon Valley, with additional offices in Toronto and Buffalo, along with remote team members in four countries. Jerry's innovative approach and relentless commitment to improving the customer experience have positioned it as a leading force in the transformation of car ownership in the United States.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $110.00M | 5 | 02 Aug 2023 | |
Debt Financing | Unknown | 1 | 29 Apr 2022 | |
Series C | $75.00M | 5 | 10 Aug 2021 | |
Series B | $28.00M | 10 | Yossi Joe Levi, Samyak Pandya +7 | 17 May 2021 |
Debt Financing | $20.00M | - | 17 May 2021 |
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