-83%

est. 2Y upside i

FinTechSeries C

Jerry makes it really easy to save time and money on car expenses.

Rank

#3610

Sector

Fintech

Est. Liquidity

~2Y

Data Quality

Data: Low

The equity offered by Jerry is likely to have negative expected returns over a 2-year horizon due to a stale valuation of $450M (12.9x ARR) and heavy liquidation preference of $242M.

Last updated: July 19, 2026

Bull (10%)-15%

If an IPO window opens and category leadership drives revenue multiple to 8x, implied exit value is $473M, yielding -14.8% upside after 20% dilution. Probability low at 10% due to incumbent threat.

Base (45%)-81%

Revenue multiple converges to peer average of 3x, exit value $177M, resulting in -80.6% upside after dilution. High probability 45% as growth and multiple compression are expected.

Bear (45%)-100%

Multiple compresses to 1.5x and exit value $89M falls below $242M liquidation preference, wiping out common stock entirely (-100% upside). Probability 45% due to high incumbent threat and stale valuation.

Est. time to liquidity~2.0 years

Preference Stack Risk

severe

Funding Intensity

5378%

Total funding of $242M represents 54% of entry valuation, giving preferred stock a strong liquidation preference that will likely wipe out common in a downside exit.

Dilution Risk

high

Company last raised in Aug 2023; with significant cash burn, another dilutive round is probable within 2 years, diluting existing common holders by 15-25%.

Secondary Liquidity

none

No secondary market transactions reported; liquidity is limited to IPO or acquisition.

Questions to Ask at the Interview

Strategic questions based on Jerry's data — designed to show you've done your homework.

  • 1

    “How does Jerry plan to differentiate from established incumbents like EverQuote and traditional carriers?”

  • 2

    “What is the path to profitability given the high spend on customer acquisition and regulatory compliance?”

  • 3

    “What is the company's current revenue growth rate and how does it compare to the $35M ARR figure?”

Community

Valuation Sentiment

Our model estimates -83% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.