Extend raises $260M on a $1.6B valuation to expand its warranty and protection plan services
https://techcrunch.com/2021/05/18/extend-raises-260m-on-a-1-6b-valuation-to-expand-its-warranty-and-protection-plan-services/
A company that has built a new approach to the business of extended warranties — providing a cost-effective and efficient way for retailers or brands to offer them; and an easy way for consumers to buy and file claims against them — is today announcing a huge round of funding as it looks to take its business to the next level.
Extend — which aims, in the words of co-founder and CEO Woody Levin, to become the “Apple Care” for everything that’s not an actual Apple product — has raised $260 million, a Series C that values the company at over $1.6 billion.