About Jones
Jones is a company based in New York (United States) founded in 2017 by Omri Stern and Michael Rudman.. Jones has raised $38.26 million across 5 funding rounds from investors including WeWork, Khosla Ventures and DivcoWest. Jones operates in a competitive market with competitors including Coterie, Huckleberry, instaCOVER, InsuraGuest and AP Intego Insurance Group, among others.
- Headquarter New York, United States
- Founders Omri Stern, Michael Rudman
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Jones Agency , Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$38.26 M (USD)
in 5 rounds
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Latest Funding Round
$15 M (USD), Series B
Nov 15, 2024
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Investors
WeWork
& 11 more
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Employee Count
Employee Count
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Funding Insights of Jones
Jones has successfully raised a total of $38.26M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in November 2024. 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 B — $15.0M
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First Round
First Round
(17 Sep 2018)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series B - Jones | Valuation | NewSpring | |
| Jul, 2022 | Amount | Series A - Jones | Valuation |
investors |
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| Jul, 2021 | Amount | Series A - Jones | Valuation | Khosla Ventures |
| 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 Jones
Jones has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include WeWork, Khosla Ventures and DivcoWest. 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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Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage Israeli startups are supported through venture capital investments.
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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 Jones
| 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 - Jones
| 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 |
Jones Comparisons
Competitors of Jones
Jones 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 Coterie, Huckleberry, instaCOVER, InsuraGuest and AP Intego Insurance Group, 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 |
Private label party supplies are offered with customization options.
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| domain | founded_year | HQ Location |
Online insurance quotes for small businesses are provided.
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| domain | founded_year | HQ Location |
insurance coverage for sales or lease transactions
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| domain | founded_year | HQ Location |
On-demand liability insurance is provided for businesses and freelancers.
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| domain | founded_year | HQ Location |
Digital insurance platforms are offered for small businesses.
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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 Jones
Frequently Asked Questions about Jones
When was Jones founded?
Jones was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Jones located?
Jones is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Jones?
Omri Stern is the current CEO of Jones. They have also founded this company.
Is Jones a funded company?
Jones is a funded company, having raised a total of $38.26M across 5 funding rounds to date. The company's 1st funding round was a Series A of $12.5M, raised on Sep 17, 2018.
What does Jones do?
Jones was founded in 2017 in New York, United States, as a provider in the insurance sector. An on-demand platform is operated to deliver liability insurance quotes tailored for real estate owners, property managers, construction businesses, and similar entities. Claims processing services are handled to support policyholders. Operations focus on facilitating quick access to coverage within the U.S. market.
Who are the top competitors of Jones?
Jones's top competitors include Huckleberry, Coterie and instaCOVER.
Who are Jones's investors?
Jones has 12 investors. Key investors include WeWork, Khosla Ventures, DivcoWest, Sage Realty, and NewSpring Capital.
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