AI-powered Jerry raises $28M that will help you lower your expenses on automobile insurance coverage – TechCrunch

When art Agrawal grew up in India, driving a car was a rare treat, and owning a car was a dream. When he moved to the US 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 (and won TechCrunch’s To disturb this year), which offers on-demand mobile maintenance and repair services for motor vehicles. Over the years, he had the challenge in mind of helping consumers find car insurance more easily. So he teamed up in 2017 Lina Zhang and Musawir Shah Create Jerry, a “super app” that is the first to own a car. The Palo Alto-based startup launched a car insurance comparison service using artificial intelligence and machine learning in January 2019. Since then, it has tacitly amassed nearly 1 million clients in the US as a licensed insurance broker.

“Today, as a consumer, you have to go to several different places to do different things,” said Agrawal. “Jerry wants to change that.”

And today today Jerry announces more than $ 57 million in funding has been raised including a new $ 28 million Series B round led by Goodwater Capital. A group of angel investors also participated, including Greenlight President Johnson Cook and Greenlight CEO Timothy Sheehan; Jay Vijayan, CEO of Tekion; Jon McNeill, CEO of DVx Ventures and former President of Tesla and former COO of Lyft; Brandon War, CEO of Stash and Ed Robinson, Co-Founder and President of Stash.

According to CEO Agrawal, Jerry differs from other car-related marketplaces in that it is designed to help consumers with various aspects of car ownership (from repairs to maintenance to insurance to warranties) rather than just one. Although it is currently primarily focused on insurance, it plans to use its new capital to move into other categories of car ownership.

The company also believes that it differs from its competitors in that it does not direct a consumer to an insurance carrier’s website, for example requiring them to register with them separately. Rather, Jerry uses automation to provide consumers with tailored offers from more than 45 insurance carriers “in 45 seconds”. Consumers can then sign up with the new airline through Jerry, which would even terminate previous policies on their behalf.

Credit: Jerry

“With Jerry, you can complete the entire transaction in our app,” said Agrawal. “We’re not sending you to another site. You don’t have to fill out a lot of forms. You just give us some information and we will make you offers immediately. “

Customers save an average of $ 800 a year on auto insurance, according to the company. Jerry also has a similar offering for home insurance, but its focus is on owning cars.

The company has to do something right. In 2020 Jerry saw sales increase 10x.

According to Agrawal, Jerry sold several million dollars in insurance in 2019. This year the company is on the right track to do three to four times more than in the previous year.

“There is no other automated way to compare and buy auto insurance because not all APIs are easily accessible,” he said. “We have automated the end-to-end journey for the consumer using our infrastructure, which only scales over time.”

Jerry makes recurring income from earning a percentage of the premium when a consumer purchases a policy on their website from providers like Progressive.

“Many of the marketplaces are leading. A very small percentage of their sales keep coming back, ”said Agrawal. “For us it’s 100% of our sales.”

Goodwater Capital’s Chi-Hua Chien notes that insurance has historically been a very challenging category from a customer experience perspective.

“They took something that was historically painful, intimidating, and difficult for the customer, and made it effortless,” he told TechCrunch. “This experience will also apply to comparison shopping and maintenance over time.”

Chien said he was also drawn to the category itself.

“This is a competitive category as 100% of drivers must have auto insurance 100% of the time,” he said. “It’s a big market that won’t go away. And since Jerry is powered by AI, it will only serve customers better and just grow faster over time. “

Jerry West displays on the life and legacy of Kobe Bryant

Jerry West may be the man whose silhouette adorns the National Basketball Association logo, but he’s also the man responsible for turning Kobe Bryant into a Los Angeles Laker.

The eight-time NBA champion spoke to CNBC’s The News with Shepard Smith about his relationship with the former Lakers superstar and his thoughts on his late boyfriend, who will be inducted into the Basketball Hall of Fame on Saturday.

“I will remember [Bryant] as someone I loved like a brother. The playful moments with him, some of the fun things and the exchanges we had. Watching him start what he became, “West told CNBC.

Bryant, 41, his daughter Gianna, 13, and seven other people died in a helicopter crash near Calabasas, California on January 26, 2020.

West, a former player and 14-time NBA All-Star, coached the Lakers and eventually moved to the team’s front office. He stood behind the Lakers dynasty in the 1980s and is the proud owner of eight championship rings in his life. He is also the man credited with bringing Bryant to the Lakers after organizing a draft day deal with the Charlotte Hornets.

West recognized Bryant’s talent for basketball early on and did not shy away from the 17-year-old, even though he only played in high school.

Jerry West and Kobe Bryant salute before the game between the Golden State Warriors and the Los Angeles Lakers on December 18, 2017 at the STAPLES Center in Los Angeles, California.

Andrew D. Bernstein | NBAE via Getty Images

“We just fell in love with him. From the time we coached him in Los Angeles, and especially the second time we coached him … from then on, it’s been like, I love the way you get we this guy? “

The two developed a bond over the years. West said his son would drive around Bryant and his wife would cook him Italian food for dinner.

“He was one of the greatest players we have ever seen, but he was also one of the brightest players we have ever seen,” said West.

While Bryant achieved so much on the court, West also took pride in his extrajudicial contributions, especially when it came to helping women’s basketball.

Bryant helped give voice to the Women’s National Basketball Association and its players, and often attended games with his daughter.

“He was a bright light” for women basketball players, West said. “Whatever he did turned to gold and I think he was as a person.”

On Saturday, Bryant’s idol Michael Jordan will induct him into the Hall of Fame. From a young age, Bryant looked up to Jordan and even tried to model his game after him.

“This is going to be a historic night to honor a legendary player who is no longer with us and it just doesn’t seem right to be honest,” said West. “To have his idol there to introduce him … I think we all feel a little bit robbed.”

Jerry Jones’ Helicopter Will get the Billionaire Round City in Model – Robb Report

Jerry Jones He may have revolutionized the business of professional football with lucrative television deals and state-of-the-art stadiums, but even he didn’t anticipate its effects airbus Corporate helicopter would have to Dallas Cowboys brand.

“We originally got the ACH145 for transport,” says Jones, referring to it as “DC-1” even though its official air traffic control sign is Bluestar One. “We wanted to commute between the Star, our Frisco headquarters and the Arlington stadium, but it had to take us to our other stores as well.”

The logistical advantages were obvious: the way from the star’s training field to AT&T stadium fell from a one-hour drive to a 13-minute flight. The helicopter’s 400 mile range reaches remote areas of Texas (where Jones has other business interests) and since the DC-1 can land anywhere, the 145 mph cruising speed is more efficient than a small plane.

But it was the promotional perks that surprised the cowboy owner the most. According to Jones, flying the Airbus over the Dallas Metro is the best billboard imaginable for the $ 5.8 billion sports franchise. “It gives the cowboys an aura, regardless of whether we circle the stadium and land in the parking lot on game day or carry business partners and sponsors with us,” says Jones. What he underestimated, he says, “is how interesting the helicopter is for our fans. It catches their attention and makes them think of us. “

The owner of the Dallas Cowboys on board his Airbus corporate helicopter.

Jeremiah Jhass

Team colors – navy blue, metallic silver, royal blue, and white – make up the custom interior, but the palette is muted. “We’re not about checkered tablecloths and sawdust floors,” says Jones. Instead, the team wants to “project a modern, urban cowboy image. No question about it, the helicopter conveys this cutting-edge look. “

The helicopter can accommodate up to 10 people, although the layout can be reconfigured through Mission. A custom carbon fiber chest doubles as an integrated liquor cabinet with phone charging ports and Angry Headsets for every leather seat. The improved soundproofing enables conversations that would be challenging for most other helicopters. After spending so much time aboard the DC-1, Jones feels at home in the cabin. “It’s like getting into one of my cars,” he says.

The helicopter also serves as an air shuttle for Jones and his family, both for business and for trips to the family farm. It’s also a formidable way to travel with the team’s sponsors, other executives Jones does business with, and sporting greats like former cowboys quarterback Tony Romo and tight end Jason Witten. In March, retired Major General Patrick Brady, a former U.S. Army helicopter pilot and Medalist who evacuated 5,000 wounded from battlefields in Vietnam, took control. “This flight was particularly meaningful to me,” said Jones, whose family has long been associated with the National Medal of Honor Museum.

Friday nights were equally important to Jones and his wife, Eugenia “Gene” Jones, when, after arranging flights with local authorities, the couple landed outside the greater Dallas high school fields to watch their grandchildren play soccer. “Without that helicopter, it would have been impossible to make these games,” says Jones.

Safety has always been a priority. All-glass cockpit of the DC-1 with Helionix avionicsis intuitive and reduces the pilot’s workload. The helicopter terrain awareness and warning system is designed to avoid obstacles in flight. The helicopter with two Saffron Arriel 2E Turbo shaft motors, is also designed for single-engine flights. “It’s a very powerful system,” says Will Fulton, director of marketing at Airbus Helicopters of North America, who notes that the cowboys “spared no expense” in choosing all the safety options available.

The executive helicopter cut Jones’ commute from an hour’s drive to a 13-minute flight.

Jeremiah Jhass

DC-1 is also about branding. America’s Team can still claim the title of Most Valuable Sports Franchise in the World, even though it didn’t win one Super bowl since 1996. Jones understands the entertainment value of DC-1, however The Airbus just as often transports Jones and his players to local airports outside of Dallas to attend Salvation Army fundraisers and other events. “Often times these people aren’t football fans, but if we’re active in these areas, there’s a good chance they’ll see the game on Thanksgiving,” says Jones. “You will have more brand affinity.”

For a man known for his colorful conversation, the billionaire is downright awesome when he talks about his helicopter’s branding bonus.

“I’m joking, but I’m also semi-serious here,” he says. “I’d love to take it and land on every street in Texas. Or maybe five that end up in every ward in the United States. It’s a real attention grabber. “

Jerry Lubin, Detroit radio “Air Ace,” dies at 80 | Arts & Leisure

One of Detroit’s beloved Radio Air Aces came to rest this week.

Jerry Lubin, who was a pioneering aerialist on the city’s burgeoning FM radio scene in the late 60s and 70s, passed away on Thursday, February 4th, aged 80 in La Quinta, California of COVID-19.

“Jerry was one of the original pilots,” said Kim Sulek, who was working on a documentary on Detroit radio at the time. “Detroit has a handful of legendary underground disc jockeys, and Jerry is one of them. He had a different way of talking to people and he knew his music.”

Long-time friend and colleague Harvey Ovshinsky added, “Of all the Assen, I was impressed that Jerry was such a family man – very rare in our circles. He will forever remain a legend in Detroit radio history. When we worked together I’ve always envied how relaxed and comfortable Jerry was in the air … “Try to smile as you read the copy,” Jerry taught me. “You won’t see the smile, but it will help the medicine go under. “

Commented his brother-in-law, Mark Beltzman, a fan of Lubin’s radio work before he married the disc jockey’s younger sister Beverley, “He had a tremendous ability to be 100 percent honest and honest and real and as authentic as you can possibly be Man. I loved that about him and learned so much from him. “

He was born in Detroit and graduated from Mumford High School. He briefly attended Wayne State University before joining the U.S. Army. He began his radio career as Jerry O’Neal in Rogers City, Michigan, where he also played, before joining Flint and then WABX when it launched as Detroit’s first “progressive” FM radio station. There he was one of the Air Aces, a corps that included aerial personalities such as Larry Miller, Dan Carlisle (the only surviving member of the station’s original list), Dennis Frawley, Jerry Goodwin, and others.

Lubin later moved to WXYZ-FM, which became WRIF, and then to WWWW-FM, where he spent time as the station’s program director. “Jerry has been a mentor to me,” said John O’Leary, a veteran of Detroit radio who started his career at WWWW over the weekend. “I was really raw, damn nervous, and one day Jerry took me to a meeting – that was ‘John, let’s get in your car and go to Belle Isle.’ And he said to me, “When you’re on the radio, just be yourself. And remember, you are only talking to one person, not a large group of people.”

“That was the best advice I’ve ever received on the radio.”

Lubin’s path took him to the West Coast for a while, working in San Diego and spending time with his young family in a Washington State community. He returned to Detroit for a second stint at WABX, where he hosted the popular Lunch With Lubin, and then spent time in Toledo and at WLLZ-FM in Detroit. He also worked for Sam’s Jam’s record store in Ferndale.

“Jerry was just the nicest guy, never said a bad word about anyone,” recalled owner Steve “Sam” Milgrom. “And he helped the bands. He had relationships with record labels and he told them, ‘You have to sign this band. These guys are great!'”

After leaving the radio, Lubin, who was married to his late wife Rosalie for 45 years, worked for the United States Postal Service for many years before moving to California to be closer to his sons Adam and Ethan. Lubin is also survived by her spouses Lauren and Erika – four grandchildren, his sister Beverley and his younger brother Vincent.

The family hopes to hold a memorial service sometime in the future when such gatherings are possible.