Juno provides child disability insurance as an employer-offered benefit, offering up to $1 million in tax-free cash ($500,000 per qualifying child) paid monthly for up to 10 years. The benefit covers children from birth to age 26 and can be used to supplement lost income, hire specialized caregivers, or address medical costs not covered by health insurance. Juno also provides one-on-one support services to help families navigate their child’s condition, access other resources, and build a long-term plan. The company is a public benefit corporation and donates 2% of every premium to organizations that research childhood disabilities and rare diseases or provide direct support to families. Juno recently closed an $8.5 million Series A led by Spero Ventures, bringing total capital raised to $12.5 million, and will use the funding to expand its client base, broker network, and product flexibility. Based in San Diego, Juno positions itself as a pioneer in filling a gap in the U.S. safety net for working parents whose children become severely ill or disabled.

Total raised

$9M

Funding rounds

1

Latest round

Series A

Latest activity

Jul 2024