Juno

What Juno does

Juno Insurance Group, PBC is a venture-backed public benefit corporation founded in 2019 by Jordan Epstein and Dr. Snaebjorn Gunnsteinsson to commercialize the first employer-sponsored child disability insurance product in the United States. The operating subsidiary, Juno Insurance Services, LLC, is a Delaware-domiciled licensed insurance producer (California license #6006112) that distributes child disability policies underwritten by an A.M. Best 'A- Excellent' rated carrier and reinsured by three A.M. Best 'Excellent' or 'Superior' rated reinsurers. The product provides up to $500,000 in monthly cash benefits per child over up to 10 years, paid tax-free to parents whose children ages 0-26 (including adopted, foster, and step children) develop a severe illness or disability, supplemented by one-on-one family navigator support for program applications and care planning.

The core offering is structured as a group insurance benefit distributed exclusively through employer benefit packages. Juno sells through three channels: direct enterprise sales targeting HR and Total Rewards executives at companies with 200+ employees; benefit brokerages including Alliant, Sequoia, Newfront, and Marsh McLennan Agency; and PEO partnerships serving sub-200 employee accounts. Claims administration is outsourced to Davies Group under a Springfield, Massachusetts operation. Revenue is generated through insurance premiums, paid either by employers as a company-paid benefit or by employees via Section 125 cafeteria-plan payroll deductions, with policy mechanics built around annual enrollment cycles analogous to group life and long-term disability coverage.

Juno has reached 50,000+ covered members across nearly 100 employer clients within its first year since launch, with named customers spanning technology (ServiceNow, Carrot, Earnin, Freenome, Oura, Coalition, Culture Amp, Demandbase), financial services (Fortune Brands, Varo, Fidelity National Financial), healthcare (Xai), aviation (Unifi Aviation), engineering (Jacobs Engineering Group), and communications (Alaska Communications). The company employs 1-10 people, has raised $12.5 million in total funding (including an $8.5 million Series A in July 2024 led by Spero Ventures), and operates as a public benefit corporation with a stated commitment of 3% of revenue to organizations supporting families of children with disabilities.

Name

Juno

Legal name

Juno Insurance Group, PBC

Website

https://junokids.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Juno is a U.S. public benefit corporation offering the first employer-sponsored child disability insurance product, paying up to $500,000 in tax-free cash benefits over 10 years to working parents whose children develop severe illness or disability, distributed through benefit brokerages and direct enterprise sales.

Ownership category

akta.pro rank

Product category

Employee Benefits Insurance

NAICS

Health and Welfare Funds (525120), Health and Welfare Funds (52512)

SIC

Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Ancillary Employer Benefits (Life/Disability/Accident/Critical Illness) (HLAEAAAK)

akta.pro secondary industries

Long-Term Disability (LTD) Insurance (FSAIAIAD), Group Disability Income Insurance (Employer-Sponsored) (FSAIAIAB)

Keywords

• Child disability insurance
• Employer-sponsored benefits
• Group insurance products
• Employee benefit brokerage
• Voluntary benefits administration

Headquarters

HQ city

Mountain View

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Insurance Premium Revenue: Juno generates revenue through insurance premiums paid by employers for employee benefit coverage. Employers offer Juno as a voluntary or employer-paid employee benefit, with premiums typically collected through payroll deductions (Section 125 cafeteria plans). The premiums fund the insurance policies that pay cash benefits to covered employees whose children develop severe illness or disability.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Juno Child Disability Insurance is the first-of-its-kind employer-sponsored group insurance benefit that pays monthly cash benefits up to $500,000 per child over up to 10 years to working parents when a covered child (aged 0–26, including adopted, foster, and step children) develops a severe illness, injury, or disability. The product is sold exclusively through employer benefit packages via benefit brokerages and direct enterprise sales, and includes one-on-one family navigator support to help families access care and programs.

Product overview

Juno offers a single core product: Juno Child Disability Insurance. This is an employer-sponsored group insurance benefit (offered through employer benefit packages via benefit brokerages) that provides long-term cash payments and personalized advocacy support to parents when a child develops a severe illness, injury, or disability. The product covers all children from birth to age 26, including adopted, foster, and step children. Benefits include monthly cash payments of up to $500,000 per child over up to 10 years, delivered tax-free directly to parents, plus one-on-one guidance from a dedicated navigator to help families access state/federal programs, peer groups, and plan for the future. Juno is distributed exclusively through employer partnerships and benefit brokerages (e.g., Alliant, Sequoia, Newfront). Juno Insurance Services, LLC distributes policies for an A.M. Best-rated "A- Excellent" insurance carrier, backed by three reinsurers. The company also maintains a public benefit corporation structure (Juno Insurance Group, PBC) and a charitable commitment of 3% of revenue to organizations supporting families of children with disabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Juno Child Disability Insurance An employer-sponsored group insurance benefit that provides monthly cash payments up to $500,000 per child over up to 10 years, plus one-on-one family navigator advocacy, to working parents when a covered child aged 0–26 (including adopted, foster, and step children) develops a severe illness, injury, or disability. Sold exclusively through employer benefit programs via benefit brokerages and direct enterprise sales.

Quantifiable outcome

• 73% of primary caregivers reduce hours or leave the workforce when a child becomes severely disabled, often resulting in families losing $18,000 in income annually
• +3 more outcomes

Named customers19 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and supporting.

• AlliantcoreChannel Partner/ Reseller/ DistributorAlliant is a leading benefits brokerage that offers Juno child disability insurance to employer clients as part of their benefits consulting services. The partnership enables Alliant to provide clients with access to this first-of-its-kind employee benefit.
• SequoiacoreChannel Partner/ Reseller/ DistributorSequoia is a benefits brokerage partner offering Juno child disability insurance to employer clients. Sequoia provides comprehensive benefits advisory services and includes Juno as part of their client solutions.
• NewfrontcoreChannel Partner/ Reseller/ DistributorNewfront is a benefits brokerage that offers Juno child disability insurance to employer clients. Newfront's leadership has publicly endorsed Juno as a differentiated benefit that aligns with supporting families.
• Reinsurers (Unnamed)coreOthersJuno's policies are backed by three of the world's most trusted reinsurers, each with an 'Excellent' or 'Superior' A.M. Best rating and collectively backed by tens of billions of dollars in capital surplus. The reinsurers provide financial backing and risk capacity for the insurance policies.
• Davies GroupsupportingImplementation/ SI/ Consulting PartnerDavies Group serves as the third-party administrator handling Juno child disability insurance claims. Claims submissions are directed to [email protected] and processed through their Springfield, Massachusetts office.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Unum Group: Largest U.S. group disability insurer offering group long-term disability, group life, and voluntary benefits through employer benefit plans. Directly comparable to Juno as an employer-sponsored disability benefits provider with broker distribution.
• Aflac: Leading provider of voluntary/supplemental insurance products (accident, critical illness, disability) sold at the worksite through payroll deduction. Closest analog to Juno's voluntary, employer-distributed cash-benefit insurance model.
• The Hartford: Major group disability and leave management insurer selling through brokers to mid-market and enterprise employers. Competes in the same employer-sponsored disability/critical-illness benefits category Juno is creating.
• Lincoln Financial Group: Provider of group disability, group life, and voluntary benefits distributed through brokerages to U.S. employers. Comparable in product structure (employer-sponsored group disability/critical-illness) and broker-led GTM.

Broad incumbents

• MetLife: One of the largest U.S. group benefits carriers offering group disability, life, dental, and voluntary benefits. Overlaps with Juno in employer-sponsored disability benefits but operates a much broader portfolio.
• Prudential Financial: Major group insurance carrier (disability, life, critical illness) distributed through employer benefits brokers. Comparable distribution motion but diversified across many product lines and customer segments.
• Cigna Group: Global health services and insurance company with U.S. group disability and supplemental health benefits; parent of eviCore (Juno CEO Jordan Epstein's prior exit). Overlaps with Juno in employer-sponsored benefits distribution.
• Sun Life U.S. Large U.S. group benefits carrier with strong group disability and stop-loss franchises sold through broker channels. Comparable employer-sponsored benefits motion and broker relationships.

Emerging players

• Carrot: Modern employer benefits platform focused on fertility, family-forming, and parental benefits. Targets the same working-parent persona as Juno and is also a Juno customer; comparable in modern family-benefits category design.
• Maven Clinic: Virtual care and benefits platform for women's and family health sold to enterprise employers. Overlaps with Juno in employer-paid family/parent benefits and modern benefits-broker distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/JunoBenefits
• YouTubeyoutube.com/@Juno-insurance
• LinkedInlinkedin.com/company/juno-child-disability-insurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Juno