What is Jones?
Jones operates as a specialized insurance platform designed to alleviate the complexities of insurance compliance for property managers and construction firms. The company offers an automated insurance checkup service and provides flexible pay-as-you-go liability insurance, empowering vendors to pursue a wider range of job opportunities. Based in New York, NY, Jones aims to simplify the often-arduous process of insurance verification and procurement within these industries.
How much funding has Jones raised?
Jones has raised a total of $30.4M across 4 funding rounds:
Angel/Seed
$2.8M
Debt
$150K
Series A
$12.5M
Series B
$15M
Angel/Seed (2018): $2.8M, investors not publicly disclosed
Debt (2020): $150K led by PPP
Series A (2021): $12.5M supported by Khosla Ventures and JLL Spark
Series B (2025): $15M, investors not publicly disclosed
Key Investors in Jones
Khosla Ventures
Khosla Ventures is a venture capital firm that provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies, focusing on a broad range of areas including consumer, enterprise, AI, fintech, and financial services.
JLL Spark
JLL Spark Global Ventures is a venture capital firm specializing in early-stage PropTech startups, aiming to drive innovation within the commercial real estate sector by leveraging JLL's extensive industry experience and global network.
What's next for Jones?
With the recent major strategic investment and a substantial overall funding history, Jones is poised for significant expansion. This capital infusion is likely to fuel further development of its automated compliance solutions and the broadening of its pay-as-you-go liability insurance offerings. The company's focus on a critical, yet often cumbersome, aspect of the property management and construction sectors suggests a strategic push to capture greater market share and enhance its technological capabilities, potentially exploring new verticals or deepening its existing service offerings to solidify its leadership in insurtech for these industries.
See full Jones company page