Extend – Leader In Modern Product Protection – Announces $260M Series C Led By Softbank Vision Fund 2, Achieving Unicorn Status With Over $1.6B Valuation
Amount Raised
$260 Million
Round Type
Series C
San FranciscoFinancial ServicesSoftwareinformation technology & servicesDescription
Extend, the leading provider of modern extended warranty and product protection plans for merchants and consumers through API-first solutions, today announced a $260M Series C funding round led by SoftBank Vision Fund 2*. The funding round also includes participation from existing investors Meritech Capital Partners, PayPal Ventures and GreatPoint Ventures, and welcomes new investors Nationwide, Tomales Bay Capital, Launchpad Capital, 10X Capital and 40North. The oversubscribed round brings Extend’s total funding to more than $315M and cements the company’s unicorn status with a $1.6B+ valuation. This new round of funding will be used to continue to scale the Extend team, accelerate its technology footprint, and expand its suite of services that improve customer loyalty and drive revenue for merchants.
Quick answer
Extend raised $260 Million in a Series C round, dated May 18, 2021. Extend is based in San Francisco, California, United States.
- How much did Extend raise?
- Extend raised $260 Million in a Series C round on May 18, 2021.
- What does Extend do?
- Extend leverages cutting-edge technology to provide a better way for customers to protect the products they love.
- Where is Extend based and how big is it?
- Extend is based in San Francisco, California, United States. Fundz records about 380 employees.
Source: Fundz verified event record.
Who else raised in Financial Services and information technology & services around the same time
Companies in the same sectors as Extend that raised within 45 days of this round, from Fundz verified event records.
- Stilt raised $12M on July 1, 2021.
- Circle Internet Group, Inc. raised an undisclosed amount on June 30, 2021.
- Genius Sports raised $109M on June 29, 2021.
- Jeeves raised $26M on June 17, 2021.
- Nylas raised $115M on June 17, 2021.
- Dna Payments raised $108M (Funding Round) on June 14, 2021.
Who to call at Extend, and when
A new round usually means Extend is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Extend raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Extend, from your own LinkedIn network
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Fundz sees it the moment Extend raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Extend raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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