About Jerry
Jerry is a company based in Palo Alto (United States) founded in 2017 by Lina Zhang, Musawir Shah, and Art Agrawal.. Jerry has raised $213 million across 5 funding rounds from investors including Plug and Play Tech Center, TriplePoint Capital and Park West Asset Management. Jerry operates in a competitive market with competitors including Insurify, Way, The Zebra, EverQuote and Goji, among others.
- Headquarter Palo Alto, United States
- Founders Lina Zhang, Musawir Shah, Art Agrawal
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$213 M (USD)
in 5 rounds
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Latest Funding Round
$110 M (USD), Series C
Aug 02, 2023
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Investors
Plug and Play Tech Center
& 18 more
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Employee Count
Employee Count
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Funding Insights of Jerry
Jerry has successfully raised a total of $213M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $110 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $110.0M
- First Round First Round
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Debt – Conventional - Jerry | Valuation |
investors |
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| Aug, 2023 | Amount | Series C - Jerry | Valuation | Park West Asset Management | |
| Aug, 2021 | Amount | Series C - Jerry | Valuation | Goodwater Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Jerry
Jerry has secured backing from 19 investors, including venture fund and angel investors. Prominent investors backing the company include Plug and Play Tech Center, TriplePoint Capital and Park West Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture finance services, including debt and equity, are provided to capital-backed companies globally.
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Founded Year | Domain | Location | |
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Asset management services are provided in Larkspur, United States.
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Founded Year | Domain | Location | |
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Investments in consumer tech sectors are managed by Goodwater Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Jerry
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Jerry
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Jerry Comparisons
Competitors of Jerry
Jerry operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Insurify, Way, The Zebra, EverQuote and Goji, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Car insurance quotes are compared via an online platform.
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| domain | founded_year | HQ Location |
App-based platform to find car parking, auto insurance & car wash services
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| domain | founded_year | HQ Location |
An online platform for comparing insurance quotes is operated.
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| domain | founded_year | HQ Location |
Online comparison platform for automotive & other insurances
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| domain | founded_year | HQ Location |
Online diversified insurance marketplace
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Jerry
Frequently Asked Questions about Jerry
When was Jerry founded?
Jerry was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Jerry located?
Jerry is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Jerry?
Art Agrawal is the current CEO of Jerry. They have also founded this company.
Is Jerry a funded company?
Jerry is a funded company, having raised a total of $213M across 5 funding rounds to date. The company's 1st funding round was a Series C of $75M, raised on Jun 01, 2018.
What does Jerry do?
Jerry was founded in 2017 in Palo Alto, United States, as an AI-powered platform in the insurtech sector. Quotes for car insurance are obtained from various providers by users submitting vehicle and personal details. Information on loans and repair cost estimates is also provided. The mobile application is accessible on both Android and iOS devices, facilitating comparisons for users across the country.
Who are Jerry's investors?
Jerry has 19 investors. Key investors include Plug and Play Tech Center, TriplePoint Capital, Park West Asset Management, Goodwater Capital, and Highland Capital Partners.
What is Jerry's valuation?
The valuation of Jerry is $450M as of Aug 2021.
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