Extend’s $260M Series C Funding Round

Sheppard Mullin advised Extend, Inc. on the deal.

Extend, Inc., the leading provider of modern extended warranty and product protection plans for merchants and consumers through API-first solutions, announced a $260 million Series C funding round led by SoftBank Vision Fund 2*.

The oversubscribed round brings Extend’s total funding to more than $315M and cements the company’s unicorn status with a $1.6B+ valuation. In just over two years since its launch in 2019, Extend is fundamentally reshaping the extended warranty and protection plan industry for consumers and merchants alike.

The Sheppard Mullin deal team was led by partners Farha Chowdry (Picture) and Shon Glusky and associate Ryan Buffkin, and also included partners Leo Caseria, Frank Dworak, Fatema Merchant, Michael Orlando, Gregory Schick, and Jason Schendel, of counsel David Lee, associate Jordan McClenny and senior paralegal Joey Tongson.

Involved fees earner: Ryan Buffkin – Sheppard, Mullin, Richter & Hampton; Leo Caseria – Sheppard, Mullin, Richter & Hampton; Farha Chowdry – Sheppard, Mullin, Richter & Hampton; Frank Dworak – Sheppard, Mullin, Richter & Hampton; Shon Glusky – Sheppard, Mullin, Richter & Hampton; Fatema Merchant – Sheppard, Mullin, Richter & Hampton; Michael Orlando – Sheppard, Mullin, Richter & Hampton; Jason Schendel – Sheppard, Mullin, Richter & Hampton; Gregory Schick – Sheppard, Mullin, Richter & Hampton;

Law Firms: Sheppard, Mullin, Richter & Hampton;

Clients: Extend;

Author: Martina Bellini