What is Jones?
Jones operates as a specialized insurance platform, aiming to streamline insurance compliance for property managers and construction firms. The company offers an automated insurance checkup service and provides pay-as-you-go liability insurance, which empowers vendors to bid on a wider range of projects. Based in New York, NY, Jones addresses a critical pain point in the industry by simplifying the often complex and time-consuming process of insurance verification and procurement.
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 JLL Spark and Khosla Ventures
Series B (2025): $15M, investors not publicly disclosed
Key Investors in Jones
JLL Spark
JLL Spark Global Ventures is a venture capital firm focused on early-stage PropTech startups, leveraging JLL's industry expertise to drive innovation in commercial real estate. They provide strategic insights and market entry support to technology companies.
Khosla Ventures
Khosla Ventures is a venture capital firm founded in 2004, known for backing entrepreneurs with breakthrough technologies across various sectors including AI, fintech, and sustainable energy. They offer venture assistance and strategic advice to their portfolio companies.
PPP
Public-Private Partnership
What's next for Jones?
The recent major strategic investment indicates a pivotal growth phase for Jones, likely enabling the company to scale its operations, enhance its technology platform, and expand its market reach. This enterprise-level funding suggests confidence from investors in Jones's business model and its potential to disrupt the insurance compliance sector for the construction and property management industries. Future developments may include broader product offerings, strategic partnerships, and further technological advancements to solidify its market position.
See full Jones company page