| Founded | 2014 |
|---|---|
| Closed | 2022 |
| Country | Chile |
| Sector | Insurtech |
| Total raised | ~$5M |
| Collapse type | Slow Death |
| Founder | Gianluca Cesari |
Jooycar
"Chilean IoT insurtech that embedded telematics devices in vehicles to enable usage-based auto insurance — could not scale the hardware-dependent customer acquisition model to reach sustainable distribution."
Years-long decline before final shutdown
Key Events Timeline
Jooycar was founded in 2014 in Santiago by Gianluca Cesari and team to bring usage-based insurance (UBI) to the Latin American market.
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