Startup profile · funding coverage
iCracked funding, valuation and investors
On-demand smartphone and tablet repair network—acquired by Allstate/SquareTrade in 2019.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Not publicly disclosed
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
acquired
acquired · San Francisco, California
Overview
iCracked, founded in 2010 in San Francisco by A.J. Forsythe, built an on-demand repair marketplace for iPhones, iPads, and Android devices. Customers booked online and vetted technicians traveled to homes, offices, or cafes—often within 30 minutes—for ~1-hour repairs. The network covered 60+ U.S. and Canadian metro areas with 1,500+ contracted iTechs. Andreessen Horowitz, Fuel Capital, and Emerson Collective were among investors. On February 12, 2019, Allstate acquired iCracked and integrated it into SquareTrade, the device protection company Allstate had bought for $1.4 billion in 2017. Terms were not disclosed.
Why iCracked is interesting
iCracked dispatched 1,500+ "iTechs" for at-home repairs in 60+ metros—Allstate folded the marketplace into SquareTrade after its $1.4B warranty acquisition to own the full device lifecycle.
Product & use cases
iCracked operated a two-sided marketplace matching consumers with local mobile repair technicians for on-site screen, battery, and hardware fixes—positioned as faster than mail-in or store queues.
- Same-day cracked-screen repair at customer location
- Business fleet and employee device repair dispatch
- Extension of warranty/protection plans with on-site service fulfillment
Key facts
- Acquired Feb 12, 2019 by Allstate for SquareTrade integration (PR Newswire)
- 1,500+ iTech contractors in 60+ North American metros (Alantra advisory)
- Allstate paid $1.4B for SquareTrade in 2017—iCracked extended repair fulfillment (Carrier Management)
- a16z among 11 institutional investors per PitchBook
Funding history (newest first)
Acquired by Allstate (SquareTrade)
2019-02 Not disclosedInvestors in our directory
Funds linked from iCracked's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: National dispatch network with sub-hour scheduling in major metros—paired post-acquisition with SquareTrade's protection plan distribution.
iCracked competed in fragmented phone repair—Uber-style dispatch vs. uBreakiFix stores and Apple OEM service. Allstate acquisition linked repairs to SquareTrade warranties, a distribution advantage standalone marketplaces lacked. Scale and technician quality control remained operational challenges pre-exit.
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uBreakiFix (Asurion) direct
Store-based and mail-in repair chain; less on-demand dispatch focus.
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Apple Store / Genius Bar incumbent
OEM repair with appointment queues; iCracked served out-of-warranty and Android users.
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Puls direct
On-demand tech repair marketplace for phones and smart home devices.
Notable stories
- Founder A.J. Forsythe started repairing iPhones in college before scaling the iTech contractor model (company lore cited in press).
- Alantra served as exclusive financial advisor on the Allstate sale (Alantra press).
- SquareTrade president Ahmed Khaishgi cited connectivity dependence—"can't afford to wait for device repairs"—as strategic rationale (PR Newswire).
Industries
Related funding articles
Venture Capital Tracker pieces that cover iCracked's financing or category context.
FAQs about iCracked
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