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§ Private Profile · San Francisco, CA, USA
Provides extended warranties and repair services for aging electric vehicles, focusing on out-of-warranty EV owners.
San Francisco-based Amber Technologies provides aftermarket protection plans, extended warranties, and specialized repair services for aging and out-of-warranty electric vehicles. The insurtech company utilizes proprietary diagnostic technology to analyze battery health and overall vehicle performance, helping owners manage the financial risk of expensive out-of-pocket drivetrain replacements. Operating a direct-to-consumer business model, the startup primarily serves Tesla owners and recently expanded its coverage availability from 11 to 47 states across the United States market. To support its expanding network of independent electric vehicle repair shops, the early-stage enterprise participated in the Y Combinator Summer 2023 startup batch. Following this accelerator program, the organization secured $3.18 million in seed funding to further scale its aftermarket auto care service offerings and diagnostic capabilities. Amber Technologies was founded in 2023 by Joe Pak and Shen Yan.
Amber Technologies has raised $3.2M across 1 funding round.
Amber Technologies has raised $3.2M in total across 1 funding round.
Amber Technologies has raised $3.2M across 1 funding round. Most recently, it raised $3.2M Seed in March 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 20, 2024 | $3.2M Seed | Jasper L., Primer Sazze Partners | Alcove Fund, Global Millennial Capital, Root And Shoot Ventures, Virta Ventures | Announced |
Amber Technologies has raised $3.2M in total across 1 funding round.
Amber Technologies's investors include Jasper L., Primer Sazze Partners, Alcove Fund, Global Millennial Capital, Root and Shoot Ventures, Virta Ventures.