Softbank Vision Fund 2 led a $260m Series C funding round in Extend.

Softbank Vision Fund 2, a fund with a goal to invest in AI-based technology, led a $260m Series C funding round in Extend, provider of modern extended warranty and product protection plans. Additional investors include Meritech Capital Partners, PayPal Ventures, GreatPoint Ventures, Nationwide, Tomales Bay Capital, Launchpad Capital, 10X Capital and 40 North. “With this new injection of capital and vote of confidence from our investors, Extend is in a strong position to continue to invest in building best-in-class product protection that serves our merchant partners and their customers. We started Extend to provide a product protection solution that eliminated the frustration and ‘gotchas’ associated with the legacy offerings in the market today. SoftBank equally shares in our long-term vision and we are thrilled to welcome them, and our other new investors, to the company," Woodrow Levin, Extend CEO and Co-Founder.