WarrCloud
4818 Washington Blvd, St. Louis, 63108
Overview
WarrCloud offers a technology platform that leverages AI to automate warranty claims processing for dealers and manufacturers in the automotive sector. The platform helps dealers reclaim profits and reduces reliance on a shrinking labor pool, while giving manufacturers access to warranty data for analysis to improve manufacturing processes, reduce costs, and improve vehicle quality. The company announced partnerships in 2024 with FordDirect, the Missouri Automobile Dealers Association (MADA), and the American International Automobile Dealers Association (AIADA). Led by CEO and Founder Jim Roche, WarrCloud plans to use new funding to accelerate investments in AI technology to further enhance warranty claims automation. Financially, the company announced a $20M Series B in 2024 following a $6.5M Series A in November 2023 and has raised $40M since it was introduced to the market in 2021. The product and recent partnerships indicate a focus on scaling adoption across dealers and manufacturers.
- Total raised
- $20M
- Funding rounds
- 1
- Latest round
- Series B
- Latest activity
- Oct 2024
Industries
- Automotive
Recent funding
Series B
Oct 2024
$20M