# WarrCloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/warrcloud

- Industry: Software
- Headquarters: Washington, US
- Website: www.warrcloud.com
- Total disclosed funding: $20M
- Latest round: Series B (Oct 22, 2024)
- Investors on record: 3

## About

Founded in 2017 by Jim Roche, WarrCloud, Inc. develops warranty management software tailored for the automotive industry. The company is headquartered in Washington, US. WarrCloud raised USD 20 million in Series B funding on October 22, 2024, led by Centana Growth Partners, with participation from Argentum and Automotive Ventures. 

WarrCloud’s core product offering includes an AI-powered platform streamlining warranty claims management. By completely automating the warranty workflow, WarrCloud minimizes manual paperwork, increases accuracy, and enhances customer satisfaction by allowing employees to focus on service rather than administrative tasks. The platform facilitates visibility into claim statuses and ensures compliance with current OEM changes, which improves operational efficiency. WarrCloud primarily serves automotive dealerships and OEMs across various geographical markets, including North America and parts of Europe.

WarrCloud generates revenue through a subscription-based model that provides access to its automated warranty processing solutions. The transactions are structured as business-to-business engagements, where dealerships pay a fee for the use of WarrCloud's technology. 

In October 2024, WarrCloud, Inc. raised USD 20 mn in Series B funding led by Centana Growth Partners, which the company plans to use to accelerate investments in AI technology that further enhances warranty claims automation. The company plans to develop new features for its existing platform and expand into new geographic markets, specifically targeting regions in Europe and Asia by the end of 2025.

## Funding rounds

- Series B, Oct 22, 2024, $20M — Argentum, Centana Growth Partners, Automotive Ventures

## Investors

- Argentum (https://capitalatlas.ai/funds/argentum) — Series B
- Centana Growth Partners (https://capitalatlas.ai/funds/centana-growth-partners) — Series B
- Automotive Ventures (https://capitalatlas.ai/funds/automotive-ventures) — Series B