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In 2024, Jerry turned big goals into even bigger achievements. We helped 5 million customers save money on car expenses and drive safer, making car ownership more affordable and accessible. We also hit a major milestone—profitability—just five years after launching our product, all while delivering nearly 50% year-over-year revenue growth. This achievement is a testament to our team's strength, strategy, and execution. But success isn’t just about those numbers. We also invested in our people—holding 7 offsites, hosting 14 celebrations, and promoting 25 talented Jerrians who help drive our mission forward every day.
Auto repair costs have increased by almost 13% between June, 2022 and June, 2023 according to the Consumer Price Index. To help allay some of those concerns, while boosting driver safety, Jerry is adding two new free tools called GarageGuard and DriveShield.
For the second consecutive year, our company earned a spot on the Forbes and Statista list of Best Startup Employers! This win comes from an analysis of 2,600 US-based businesses’ employer reputation, employee satisfaction ratings and growth.
Otta.com featured Jerry on the Rocket List 2021 as one of the 150 fastest-growing companies in America! We appreciate the recognition for our fast growth, disruptive mission, and the career acceleration opportunities we offer our team.
Car-ownership super app Jerry is among the most successful startups in the U.S. as a member of LinkedIn’s 2021 Top Startups List. The annual ranking created by the LinkedIn News team showcases the emerging startups to work for — globally. Jerry, which ranks no. 48 on the 50-company United States list, doubled its employee base in 2021, attributing its exponential business growth to its thriving and passionate team. “At Jerry, we believe in the power of the people behind the product,” said Art Agrawal, Jerry co-founder and CEO. “It is an honor to be recognized for our global and uniquely talented team and the effort we put into building that team. The future is bright for our employees and the customers we serve as we execute our mission to make it really easy for people to save time and money on car expenses.”
Car-ownership super app Jerry announced 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.
Jerry Debuts with $57 Million in Total Funding: The Car Ownership Super App Emerges from Stealth, Records 10X Revenue Growth
