See other companies on Welcome to the Jungle

Clyde

Product protection insurance for retailers

Clyde logo
21-100 employees
  • B2B
  • Insurance
  • SaaS
SoHo, New York, NY

Company mission

To connect people to the brands they love and bring the product ownership experience to life.

Top investors

37% employee growth in 12 months

Our take

The product protection market is worth $50 billion, but many of the biggest e-commerce companies don’t share warranty revenue with the seller. This is something Clyde is trying to address, noting that product protection purchases usually have a higher profit margin than the product itself.

Clyde has developed a plug-and-play product protection platform that connects e-commerce retailers' products with extended warranty providers, as well as offering transparency on customer information and claim processes.

By the company's own admission, its offering is similar to big startups Affirm and Stripe, but it's holding its own, with the Clyde plugin available on Shopify, BigCommerce, Salesforce, Magento and Woocommerce.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • More support: Clyde has you covered with 100% paid health, vision, dental, and short-term disability insurance for you and your family. But that’s not all! Enjoy unlimited PTO, a flexible savings account (FSA), 24/7 healthcare advocacy access, and three months paid leave for all new parents and caregivers
  • More flexibility: Get comfortable with a work-from-home stipend, flexible work arrangements, and perks like occasional UberEats gift cards. We stay close with regular town halls, virtual events, team offsites, and twice-a-year opportunities for remote employees to travel to our NYC headquarters!
  • More opportunity: We want to help you build your future. Clyde offers equity packages to all full-time employees, along with hiring referral bonuses and 401(k) plans. We’ll also reimburse you for career-related expenses like classes, courses, conferences, and beyond!

Company values

  • Take ownership
  • Be a partner
  • Be an expert
  • Find a way

Funding (last 2 of 4 rounds)

Oct 2021

$25m

SERIES B

May 2020

$14m

SERIES A

Total funding: $42.5m

This company has top investors

Leadership

Worked on Special Projects at Knockout Concepts a 3D software company. Is currently a 2016 Venture for America Fellow, and has been for over 5 years.