California based online car insurance brokerage raised $28m in Series B funding led by Goodwater Capital.
For some context, Jerry sold a few million dollars of insurance in 2019, according to Agrawal. This year, he said, the company is on track to do “three to four times” more than last year’s numbers. “There’s no other automated way to compare and buy car insurance, because all the APIs are not easily accessible,” he said. “What we have done is we have automated the end to end journey for the consumer using our infrastructure, which will only scale over time.”