With a 10x revenue growth in 2020, the firm boasts of serving nearly a million customers across the US. Jerry’s app eases access to automotive insurance, loans, maintenance, repairs, warranties, parking needs and more in one super app. Launched in 2019 by Art Agrawal, Jerry’s free-to-use app leverages AI and machine learning to provide a car insurance comparison service. While it is mostly focused on insurance at the moment, it also plans to use its new capital to move into other categories of car ownership. The company, which provides customised quotes from more than 45 insurance carriers including Progressive, Allstate and Travelers in 45 seconds, intends to use the funds to scale the car insurance product and hire talent to expand its marketplace into additional categories.
#Stash capital series#
The round comes after the firm completed a Series A round in 2018 led by Bow Capital, with participation from Y Combinator, SV Angel, FundersClub, Joe Montana’s Liquid 2 Ventures, Plug and Play Ventures Zillionize and Immad Akhund, CEO of Mercury. The round was led by Goodwater Capital with participation from a slew of angel investors including Jay Vijayan, CEO of Tekion Jon McNeill, CEO of DVx Ventures, former president of Tesla and COO of Lyft Brandon Krieg, CEO of Stash Ed Robinson, co-founder and president of Stash Johnson Cook, president of Greenlight and Timothy Sheehan, CEO of Greenlight.
To cybercriminals still hiding behind the "anonymity" of crypto currency, IRS Criminal Investigations Special Agent In Charge Tyler Hatcher seemed to state that anonymity wasn't worth relying on.CA-based AI-powered auto insurance comparison engine Jerry debuts after raising $28m in Series B funding, bringing its total fundraise to $57m. The seizure of the 50k Bitcoin from Zhong in 2021 was, at the time, the largest cryptocurrency and financial seizure in the history of the DoJ, but has since slipped to second place in both of those categories thanks to the Bitfinex robbery earlier this year. Ulbricht was also charged with multiple cases of murder-for-hire, but those charges were later dropped. Ross Ulbricht, the mastermind behind the Silk Road, was sentenced to life in prison without parole in 2015 based on crimes including drug trafficking, money laundering, computer crime and engaging in a criminal enterprise.
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