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WarrCloud raised $20 million in a Series B funding round led by Centana Growth Partners to enhance its artificial intelligence capabilities for warranty claims automation.

PRIVATEOct 22, 2024

Amount Raised

$20 Million

Round Type

Series B

St. LouisManufacturingSoftwareAutomotive

Investors

Automotive VenturesCentana Growth PartnersArgentum

Description

WarrCloud has announced the successful raising of $20 million in Series B funds, aimed at improving its AI-driven warranty processing platform. This funding will help bolster customer success capabilities and further automate warranty claims in the automotive sector.

Quick answer

WarrCloud raised $20 Million in a Series B round, dated October 22, 2024. Investors: Automotive Ventures, Centana Growth Partners and Argentum. WarrCloud is based in St. Louis, Missouri, United States.

How much did WarrCloud raise?
WarrCloud raised $20 Million in a Series B round on October 22, 2024.
Who invested in WarrCloud?
Automotive Ventures, Centana Growth Partners and Argentum are named as investors in this round.
What does WarrCloud do?
WarrCloud is the industry leader and the first and only company to automate the manufacturer’s warranty claims process for automotive dealerships.
Where is WarrCloud based and how big is it?
WarrCloud is based in St. Louis, Missouri, United States. Fundz records about 101 employees.
Who are the decision-makers at WarrCloud?
Fundz holds 3 contacts at WarrCloud. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who to call at WarrCloud, and when

A new round usually means WarrCloud is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

WarrCloud

Location

St. Louis, Missouri, United States

About

WarrCloud is the industry leader and the first and only company to automate the manufacturer’s warranty claims process for automotive dealerships. The company leverages AI to significantly increase efficiency for automotive dealership operations and enhances customer satisfaction. Its platform allows dealers to reclaim profits and reduce reliance on a shrinking labor pool. WarrCloud provides manufacturers access to warranty data that can be analyzed to improve manufacturing processes, reduce costs, and enhance vehicle quality.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

WarrCloud raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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