Most drivers in America don’t shop around before renewing their car insurance due to the complexity of comparison sites. Jerry simplifies this process with an AI-powered service requiring minimal personal details to search and secure insurance contracts. Initially focused on insurance comparison, Jerry has expanded into auto refinancing.
Jerry stands out by offering a fully automated experience and comprehensive services for car ownership, including repairs and maintenance, unlike its competitors. These features have made Jerry the most downloaded and top-rated app in its category.
In 2023, Jerry raised $110 million in Series C2 financing, led by Park West Asset Management and others. The funding will expand the app’s services, including GarageGuard, which provides maintenance cost estimates and partner discounts, and DriveShield, which tracks driving scores and offers rewards. Serving 4 million Americans, Jerry has become the top broker for several major insurance carriers and is well-positioned for further growth in the $250 billion US auto insurance industry.
Freddie
Company Specialist at Welcome to the Jungle