January 8, 2025 - 13:52
New York-based startup Jones has successfully completed a Series B funding round, raising $15 million to further its mission of simplifying insurance compliance for the real estate and construction industries. This latest investment round was led by NewSpring Capital, a firm known for backing innovative companies in technology and services.
Founded with the goal of streamlining the often complex insurance requirements faced by real estate firms, Jones offers a software solution that automates compliance processes, reducing the administrative burden on businesses. The funding will allow the company to enhance its platform, expand its team, and accelerate growth in an increasingly competitive market.
With the real estate sector experiencing rapid digital transformation, Jones is well-positioned to capitalize on the demand for efficient compliance solutions. This investment marks a significant milestone in the company’s journey, as it aims to solidify its role as a leader in the real estate technology space.