Fair Tech, Inc.
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Fair Tech, Inc. - overview
Established
2024
Location
Wilmington, DE, US
Primary Industry
Software
About
Founded in 2024 and based in Delaware, US, Fair Tech, Inc. operates as a technology company that provides coverage for repairs after the manufacturer's warranty expires. In August 2024, Fair Tech, Inc. raised USD 1.
44 million in venture funding co-led by Blue Collective, Antler, and Redbud. As of 2024, the company is led by its CEO, Will Betteridge. Fair Tech provides FairProtect, which is a vehicle breakdown protection platform that offers vehicle service contracts (VSCs), also known as extended auto warranties, to protect drivers from unexpected repair costs after the manufacturer's warranty expires. The company’s technology can be integrated into existing business operations.
The company generates revenue by offering its services on a subscription-based pricing plan. The plans include powertrain, standard, and premium. The company plans to use the funds raised in August 2024 to enhance the company's technology and expand its market reach.
Current Investors
Blue Collective, Antler, Redbud VC
Primary Industry
Software
Sub Industries
Application Integration Software, Analytics & Performance Software
Website
www.fairwarranty.com
Verticals
Cloud Computing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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