What is Stretch?
Stretch, founded in 2006 and headquartered in Fremont, California, operates as a consumer services company specializing in repair services. The company leverages technology solutions to serve both businesses and consumers, with a core focus on engineering and information technology services. Its robust online presence and specialized technical repair services are designed to meet diverse customer needs, positioning it as a key player in the tech-enabled repair sector.
How much funding has Stretch raised?
Stretch has raised a total of $35M across 4 funding rounds:
Series A
$10M
Series B
$15M
Debt
$5M
Series C
$5M
Series A (2006): $10M with participation from Oak Investment Partners, Worldview Technology Partners, and Menlo Ventures
Series B (2008): $15M led by Oak Investment Partners, Worldview Technology Partners, and Menlo Ventures
Debt (2010): $5M supported by MMV Financial
Series C (2012): $5M featuring Oak Investment Partners and Worldview Technology Partners
Key Investors in Stretch
Oak Investment Partners
Oak Investment Partners is a venture capital firm that specializes in providing investment advice through a structured approach of research, reporting, and simplifying financial information for investors. Their analysts conduct market research across various segments, which is then reported to Senior Advisors for further analysis, aiming to present investment insights in straightforward terms.
Worldview Technology Partners
Worldview Technology Partners is an investment firm that has participated in multiple funding rounds for Stretch, indicating a strategic interest in the company's growth and market potential. Further details on their specific investment focus or sector specialization are not provided in the available data.
Menlo Ventures
Menlo Ventures is a venture capital firm based in Menlo Park that invests in early and growth-stage technology companies across various sectors, including enterprise software and consumer internet. They typically partner with founders through multiple stages of scale, often taking board roles.
What's next for Stretch?
The recent major strategic investment signifies a pivotal moment for Stretch, likely enabling the company to accelerate its expansion, enhance its technological capabilities, and broaden its service offerings. With a history of securing substantial capital, Stretch is well-positioned to further solidify its market leadership and pursue innovative growth strategies. Future developments may include scaling operations, entering new markets, or advancing its proprietary technology to maintain a competitive edge.
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