AI-powered Jerry raises $28M to help you save money on car insurance
https://techcrunch.com/2021/05/17/ai-powered-jerry-raises-28m-to-help-you-save-money-on-car-insurance/
When Art Agrawal was growing up in India, a car ride was a rare treat, and car ownership was a dream. When he moved to the U.S. and bought his first car, he was shocked by how much it cost and how difficult it was to maintain a car.
In 2012, he co-founded a company called YourMechanic that provides on-demand automotive mobile maintenance and repair services. Over the years, the challenge of helping consumers more easily find car insurance was in the back of his mind. So in 2017, he teamed up with Lina Zhang and Musawir Shah to found Jerry, a mobile-first car ownership “super app.” The Palo Alto-based startup launched an AI/ML-powered car insurance comparison service in January 2019. It has quietly since amassed nearly 1 million customers across the United States as a licensed insurance broker.