Ai-Based Car Ownership Super App Jerry Secures $75 Million Series C Financing At $450 Million Valuation
PRIVATEAug 11, 2021
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.
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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.
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Palo Alto