Jones

growth-positive

Israeli startup Jones, specializing in insurance risk management for real estate and construction, has secured a $15 million Series B funding round led by NewSpring Capital. The company, founded in 2017, has raised approximately $40 million to date and employs 200 people across its Tel Aviv and New York offices. Jones AI-driven platform automates the collection and verification of insurance certificates, significantly improving efficiency for clients like WeWork, JP Morgan, and JLL Spark. The funding will help Jones scale its operations in the US, where it already manages over 2.5 billion square feet of real estate properties and construction projects.

growth-positive

Israeli commercial real estate startup Jones has raised a $12.5 million Series A funding round led by JLL Spark and Khosla Ventures. The company offers an AI-powered software platform that automates the insurance compliance process for tenants and property managers, reducing approval lead time and errors. Jones plans to use the funding to support its clients, including major real estate firms in the US. The investment is seen as an innovative solution in the proptech industry that creates new opportunities for trusted vendors. Jones is based in New York with an R&D team in Israel.

growth-positive

Israeli Proptech startup The Jones Agency, Inc. has been named the winner of the Real Estate Tech Awards 2020 Insurance Category. This marks the first time an Israeli company has won a category in the awards history. The Jones Agency provides a best-in-class solution for real estate owners and managers, delivering smart compliance solutions for commercial property risks. The awards, presented by JLL Technologies, recognize innovative companies advancing technology in the real estate industry. Founded in 2017, The Jones Agency automates insurance operations for real estate firms and has raised a total of $8 million in funding.

growth-positive

Israeli commercial real estate startup Jones has raised an additional $4.6 million in a venture round led by Hetz Ventures. The company has raised a total of $8 million to date. Jones provides a software-as-a-service solution to automate and simplify insurance compliance in the commercial real estate industry. The funding will help Jones sustain rapid growth and become the standard for insurance compliance in the industry. The company has been deployed in over 500 properties and has experienced 20% month-over-month growth. Real estate customers have reported reduced liability exposures and a seamless user experience. Jones aims to rebuild insurance workflows for simplicity and create a compliance network for the industry.