logo
logo

Ai-Based Car Ownership Super App Jerry Secures $75 Million Series C Financing At $450 Million Valuation

Aug 11, 2021almost 4 years ago

Amount Raised

$75 Million

Round Type

series c

Palo Alto

Description

Car-ownership super app Jerry today announces the completion of a $75 million Series C funding round led by Goodwater Capital. The oversubscribed round values the company at $450 million. The financing was completed just seven months after Jerry's $28 million Series B round and brings total funding to $132 million.

Company Information

Company

Jerry Services

Location

Palo Alto, California, United States

About

Jerry saves you time and money on your car expenses. Jerry first launched its AI- and machine-learning-based car insurance comparison service in 2019 and today serves more than 1 million customers as a licensed insurance broker in all 50 states. For more information or to save money on car insurance, visit getjerry.com or download the Jerry app in the App Store or Google Play. SOURCE Jerry

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech