SquareTrade is an independent consumer warranty provider that offers branded warranties directly from its website and through more than 30 retailers and marketplaces. The company plans to use the proceeds from the financing to continue to grow in the consumer warranty market. SquareTrade was co-founded in 2009 by CEO Steve Abernethy and Ahmed Khaishgi and is based in San Francisco, CA. Prior investors in the company include Weston Presidio Capital and JP Morgan Partners. The company is currently hiring. Its most recent financing provides a significant growth-equity infusion to support expansion. SquareTrade sells extended warranties for consumer electronics and appliances. The company says its warranties cost, on average, 40% less than a normal retail deal. SquareTrade is based in San Francisco. It raised $4 million in debt financing in the latest round. The new funding was provided by BlueCrest Capital Finance. The company had previously raised more than $14 million, most recently in 2001.

Total raised

$242M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2012