When was SquareTrade founded?

SquareTrade was founded in 1999 and raised its 1st funding round 1 year after it was founded.

Where is SquareTrade located?

SquareTrade is headquartered in San Francisco, United States. It is registered at San Franciso, California.

How many employees does SquareTrade have?

As of May 31, 2026, the latest employee count at SquareTrade is 700.

Is SquareTrade a funded company?

SquareTrade is a funded company, having raised a total of $247M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Apr 17, 2000.

When was the latest funding round of SquareTrade?

SquareTrade's latest funding was a $***** PE round on Jan 25, 2012, with participation from 2 investors.

Where does SquareTrade rank among its competitors?

SquareTrade ranks 1st amongst 23 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was AKKO, which secured $3M in Sep, 2021.

Who are the top competitors of SquareTrade?

SquareTrade's top competitors include AKKO, Upsie and MyGearVault. Among them, AKKO secured the most recent funding round in September, 2021.

SquareTrade - 2026 Company Profile, Team, Funding & Competitors

Q: Is SquareTrade an acquired company?

SquareTrade got acquired by Allstate on Nov 28, 2016.

Company Details

SquareTrade is an independent warranty provider for consumer electronics and appliances. It doesn’t matter where you purchased your item, online auction or brick and mortar, the item is eligible for a SquareTrade warranty. This can be bought online with no hassles.

Website: www.squaretrade.com/
Social
Email ID: *****@squaretrade.com
Registered Address: San Franciso, California

Key Metrics

Founded Year

1999

Location

San Francisco, United States

Stage

Acquired

Total Funding

$247M in 2 rounds

Latest Funding Round

PE, Jan 25, 2012, $*****

Investors

Bain Capital Ventures & 12 more

Ranked

1^st among 23 active competitors

Employee Count

700 as on May 31, 2026

Similar Companies

OneAssist & 67 more

Exit Details

Acquired by Allstate (Nov 28, 2016)

View SquareTrade's full profile

SquareTrade is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SQUARETRADE, INC. CIN: 943340669 , United States, Active	Aug 12, 1999	-	526 (As on Dec 31, 2024)	-

SquareTrade got acquired by Allstate on Nov 28, 2016 at an acquisition amount of $*****.

Click here to take a look at SquareTrade's acquisition in detail

SquareTrade has raised a total funding of $247M over 2 rounds. Its first funding round was on Apr 17, 2000. Its latest funding round was a PE round on Jan 25, 2012 for $*****. 2 investors participated in its latest round. SquareTrade has 12 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of SquareTrade:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 25, 2012	2519343	PE	4868194	5081588	7083025	1502480
Apr 17, 2000	5552647	Series B	8735274	4077691	3749591	Weston Presidio & 2 more

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View details of SquareTrade's funding rounds and investors

The founders of SquareTrade are Ahmed Khaishgi and Steve Abernethy.

Here are the details of SquareTrade's key team members:

Ahmed Khaishgi: Former Co-Founder of SquareTrade. They are also an angel investor in 1 startup.
Steve Abernethy: Co-founder, Executive Chairman of SquareTrade.

View details of SquareTrade's Founder profiles and Board Members

SquareTrade's employee count trend

SquareTrade has 700 employees as of May 26. Here is SquareTrade's employee count trend over the years:

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Top competitors of SquareTrade include AKKO, Upsie and MyGearVault. Here is the list of Top 10 competitors of SquareTrade, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SquareTrade 1999, San Francisco (United States), Acquired	Product insurance provider for consumer electronics	$247M	Weston Presidio, Savano Capital Partners ... & 11 others	65/100
2nd	AKKO 2018, San Francisco (United States), Seed	Online platform for consumer electronics and business device insurance	$3M	Mundi Ventures, Jere Doyle Enterprises & 7 others	58/100
3rd	Upsie 2013, Minneapolis (United States), Acquired	App-based insurance platform for devices	$26.7M	True Ventures, Techstars & 25 others	45/100
4th	MyGearVault 2016, New York City (United States), Unfunded	Organize, protect photography and videography gear with this free app	-	-	44/100
5th	Everything Breaks 2016, Dallas (United States), Unfunded	Warranty & protection plans for consumer electronics	-	-	43/100
6th	Row 2012, Bournemouth (United Kingdom), Unfunded	Platform for mobile phone, gadget and appliance insurance	-	-	37/100
7th	SPB UK 1965, Portsmouth (United Kingdom), Unfunded	Electronic device insurance provider	-	-	35/100
8th	ProtectCELL 2006, Novi (United States), Acquired	Mobile phone insurance providers	-	-	35/100
9th	ProtectAll 1988, North Richland Hills (United States), Funding Raised	Online platform for consumer good protection plans	-	Catalyst Holdings, Transition Capital Partners	33/100
10th	eSecuritel 2001, Alpharetta (United States), Acquired	Insurance for wireless devices	-	Mainsail Partners	31/100