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Venture Capital News: Jerry Raises $75M Series C Funding

PALO ALTO, CA, 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.

Additional investors included follow-on from Bow Capital, Kamerra, and two new investors, Highland Capital Partners and Park West Asset Management. Highland Capital Partners, a premiere venture growth investment firm, brings to Jerry expertise in building successful direct-to-consumer, tech-enabled businesses. Park West Asset Management invests in public and private companies, primarily in technology, consumer and healthcare.

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 or download the Jerry app in the App Store or Google Play.
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