Menu Close

Summary*

SquareTrade, founded in 1999 and headquartered in Brisbane, California, is a prominent player in the product protection industry. The company offers comprehensive protection plans for a wide range of consumer goods, including phones, electronics, appliances, and furniture. SquareTrade's services cover damage and malfunction, ensuring customers can easily repair or replace their products.

Since its inception, SquareTrade has demonstrated significant growth and success in the market. The company has raised a total of $248 million in funding, indicating strong investor interest and confidence in its business model. In a notable development, SquareTrade was acquired by Allstate in November 2016, further solidifying its position in the insurance and protection sector.

As of now, there is no concrete information available regarding SquareTrade's IPO prospects. The company's current status as a subsidiary of Allstate may impact any potential plans for going public. Without official announcements or credible reports, it's not possible to speculate on the likelihood or timing of a SquareTrade IPO.

Investors interested in the product protection industry and SquareTrade's business model should keep an eye on official announcements from the company or its parent company, Allstate, for any updates on potential public offerings or other significant corporate developments.

How to invest in SquareTrade

While SquareTrade's IPO prospects remain uncertain, investors eager to gain exposure to innovative companies in the consumer protection and warranty services sector don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the insurtech space. Our platform allows you to diversify your portfolio with lower minimum investments, potentially benefiting from the growth of emerging industry disruptors before they go public.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.