SquareTrade Receives $4,000,000 New Funding Round

  • Feed Type
  • Date
    9/11/2008
  • Company Name
    SquareTrade
  • Mailing Address
    575 Market Street San Francisco, CA 94105
  • Company Description
    SquareTrade makes warranties that make sense. With lower prices (40% less on average than retail warranties), a no-pressure way to buy online, and no-hassle 5-day service guarantee, SquareTrade is the smart choice for warranty coverage. Buy your item anywhere – online or in a store – then get a better warranty directly from www.squaretrade.com or call 877-WARRANTY. SquareTrade is the only service consistently rated 5 of 5 by consumers.
  • Website
    http://www.squaretrade.com
  • Transaction Type
    Debt
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Steve Abernethy, President, CEO, and co-founder of SquareTrade said, “The financing lets us accelerate our rapid retailer adoption and further increase consumer awareness of our industry changing service.”
  • M&A Terms
  • Venture Investor
    BlueCrest Capital Finance LP

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