About
Jerry is an AI-powered car ownership super app that helps users compare insurance, refinance car loans, and manage vehicle expenses. Serves 5M+ users as a licensed broker for ~4M customers; saves users an average of $800/year on insurance. Raised $233M total including $110M Series C2 in 2023 from Park West, Goodwater, and Highland Capital. Valued at $450M+ after consecutive up rounds.
Key Facts
- [1]Founded: Founded in 2017 in Palo Alto, United States.
- [2]Funding: Total funding: $233M. Last round: Aug 2023. Stage: Growth.
- [3]Employees: Employee count: 201-500.
- [4]Website: Official website: getjerry.com.
- [5]AI Technology: Core AI/ML technologies: Predictive ML.
- [6]Region: Region: Americas (United States).
Founder
Art Agrawal
Co-founder & CEO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Jerry?
Jerry is an AI-powered car ownership super app that helps users compare insurance, refinance car loans, and manage vehicle expenses. Serves 5M+ users as a licensed broker for ~4M customers; saves users an average of $800/year on insurance. Raised $233M total including $110M Series C2 in 2023 from Park West, Goodwater, and Highland Capital. Valued at $450M+ after consecutive up rounds. Jerry is classified in the Insurance segment at the Applications layer of the financial AI stack.
Who founded Jerry?
Jerry was founded by Art Agrawal (Co-founder & CEO) in 2017 in Palo Alto, United States.
How much funding has Jerry raised?
Jerry has raised $233M in total funding, placing the company at the Growth stage. The most recent round closed in Aug 2023. Among 45 funded Insurance companies, Jerry ranks #22 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Jerry use?
Jerry primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Insurance segment, 28 companies use this technology.
What market segment does Jerry operate in?
Jerry operates in the Insurance market segment. AI insurance companies are modernizing one of the oldest financial sectors, applying machine learning to underwriting, claims processing, actuarial modeling, and risk assessment across property, casualty, health, and life insurance lines.
Where is Jerry headquartered?
Jerry is headquartered in Palo Alto, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Jerry's competitors?
Companies similar to Jerry in the Insurance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does Jerry offer?
Jerry builds applications-layer solutions for the financial services industry. The company's core offering: AI car insurance and car buying app. The platform is powered by Predictive ML technology.