Upsie is a startup that is revolutionizing the extended warranty industry with its commitment to transparency, affordability, and exceptional customer service. Founded in 2015 and based in the United States, the company has garnered significant attention and support. Its slogan "Affordable and transparent warranties with great customer service" encapsulates its core values.
The extended warranty market, valued at $48 billion, has long been plagued by exorbitant prices, aggressive sales tactics, and opaque terms and conditions. Upsie is challenging these norms by providing consumers with clear, accessible, and convenient warranty options through its user-friendly website and mobile app. Customers can easily navigate through coverage and pricing options and manage their warranties and receipts efficiently.
The company's most recent achievement is securing an impressive $18.20M Series A investment on 13 May 2021. The investment was led by Bread and Butter Ventures, Kapor Capital, Backstage Capital, Draft Ventures, Samsung NEXT, Uncommon Denominator, Richard Parsons, Damon DeVito, Jon Rezneck, and Lottie Rezneck. This significant funding not only reflects investor confidence in Upsie's innovative approach but also provides the resources needed for the company's growth and expansion within the insurance and mobile industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $18.20M | 10 | Silicon Valley Bank, Richard Parsons | 13 May 2021 |
Seed Round | Unknown | 1 | 15 Sep 2020 | |
Seed Round | $5.00M | 8 | Techstars Ventures, Marc Belton +1 | 28 May 2019 |
Seed Round | $1.70M | 10 | Techstars Ventures, Mark Addicks +3 | 30 Jan 2018 |
Seed Round | $150.00K | 2 | 17 Jul 2017 |
No recent news or press coverage available for Upsie.