SquareTrade Moves Into New Worldwide Headquarters in San Francisco

SAN FRANCISCO, CA--(Marketwire - Mar 12, 2013) - SquareTrade®, the top-rated protection plan trusted by millions of happy customers, today announced it has moved its corporate headquarters to 360 Third Street in San Francisco. The new SOMA office is 53,000 square feet, with an interior designed in collaboration with San Francisco based Blitz Design and Skyline Construction and built out in only five months from first sight. In January, SquareTrade announced that it grew by 90% in 2012, and doubled its employee base. The new office space will accommodate this rapid growth, enable greater collaboration and innovation, and support millions of SquareTrade customers. 

"San Francisco leads the way in attracting some of the most innovative companies in the world, with disruptive technology companies like SquareTrade at the forefront," said San Francisco Mayor Ed Lee. "SquareTrade has repurposed an old call center building downtown into a vibrant, collaborative work space filled with some of the best creative minds in San Francisco in their new space."

SquareTrade's new offices are designed with minimalism and bold colors, large open spaces, a multitude of work areas for collaboration or solitude, stand up walls for agile development, an enormous kitchen area to allow employees to come together in mass, a roof deck with the SF Giants' AT&T Park on the horizon and a game room with a shuffleboard and vintage video games. The Company joins Comcast's SportsNet, Pac-12, and digital advertising agency AKQA at 360 Third Street.

"An inspiring workspace is critical for collaboration, creative thinking and having fun and we've designed our new offices with that in mind. With our customer care experts sitting with engineers and product development on one side and marketing on the other, our new space gives all employees a 360-degree view of the customer. We are a customer-obsessed company and our new office space is an extension of that ethos," said Steve Abernethy, president and CEO of SquareTrade. "San Francisco attracts very talented people to all aspects of our business and is the perfect home for our growing company."

About SquareTrade

SquareTrade is the top-rated protection plan trusted by millions of happy customers for its fast and exceptional service. SquareTrade protects mobile devices, laptops and tablets, and other consumer electronics and appliances from malfunctions, accidental damage and life's frequent mishaps. Unlike old-fashioned warranties, SquareTrade is designed for today's consumer and uses innovative technology to deliver a zero hassle claims process. SquareTrade has more than 200,000 fans on Facebook, consistently wins industry awards and receives thousands of 5-star reviews for its legendary customer service. Top retailers around the world offer SquareTrade, achieving a 200% increase in sales on average and happier customers. SquareTrade's rapid transformation of the warranty industry attracted one of the largest private capital raises in 2012, with a $238 million round led by Bain Capital and Bain Capital Ventures. Headquartered in San Francisco and London, SquareTrade is privately held. For more information, go to www.squaretrade.com.