Jones

Streamlines certificate of insurance management

New York City, New York, United States

About Jones

Jones offers a platform for tracking certificates of insurance (COIs) tailored for the Real Estate and Construction sectors. The service automates the COI management process, allowing clients to approve vendors in hours rather than weeks, which accelerates project timelines. By ensuring subcontractors meet insurance requirements efficiently, Jones helps reduce risks and improve operational efficiency. The company operates on a subscription model and integrates with existing technologies like Procore to streamline compliance management.

New York City, New YorkHeadquarters
2017Year Founded
$37.4MTotal Funding
SERIES_BCompany Stage
Enterprise Software, Real EstateIndustries
51-200Employees

Risks

Emerging insurtech startups may erode Jones' market share.
Integration challenges with Procore updates could disrupt client services.
Stricter data privacy requirements may increase operational costs.

Differentiation

Jones automates COI management, reducing vendor approval time from weeks to hours.
The platform integrates with Procore, enhancing client workflow efficiency.
Jones focuses on insurance compliance, crucial for real estate and construction sectors.

Upsides

AI-driven analytics can provide predictive insights into insurance risks.
Integration with digital twins can improve real-time compliance tracking.
Blockchain technology can streamline COI verification processes securely.

Funding

Total raised$37.35 M
Latest valuation$75.00 M
StageSERIES_B