Jooycar's asset
Jooycar

@jooycar.com

Jooycar is the fastest growing car Insuretech company in Latam and recently open operation in the US the new product Fleetr

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About

Description

Jooycar is a leading brand in the auto-insurance industry, revolutionizing traditional practices through the power of data. By harnessing telematics data, Jooycar offers vehicle and small fleet owners superior insurance coverage, reduced maintenance costs, and access to affordable spare parts. The brand also prioritizes safety by assisting individuals in improving their driving habits.


Founded in 2014 by María Paz Gillet and Emilio Figueroa, Jooycar quickly set out to become a key player in Latin America's Insurtech sector. In 2015, they launched their first usage-based insurance product in partnership with Sura and introduced a cutting-edge scoring algorithm. Thanks to a strategic investment from HCS Capital Partners, Jooycar expanded its operations to four countries and entered the North American market in 2018 with their fleet management solution, Fleetr, which utilizes IoT technology.


In 2020, Jooycar experienced rapid growth, expanding its customer base and launching products in Peru and Mexico. In 2021, they further expanded by entering the US market with Fleetr and launched a savings ecosystem for personal vehicles in Latin America. Through innovative solutions and a commitment to progress, Jooycar is driving the future of auto-insurance

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Company Type

Privately Held

Company Size

11-50

Year Founded

2014

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