About

Likewize provides protection solutions for technology disruptions, catering to a wide range of clients including major brands, telecommunications companies, and banks. The company operates in over 30 countries and addresses around 250 million tech-related issues each year, which include lost, stolen, or damaged devices, as well as malfunctioning technology and user support needs. Likewize's services encompass insurance, warranties, repairs, trade-ins, recycling, and premium tech services. By partnering with large corporations and serving end-users directly, Likewize generates revenue through these offerings. The company's goal is to make every tech problem easy to resolve, ensuring that customers experience uninterrupted lives.

Simplify's Take

What believers are saying

• Genstar Capital's majority stake boosts Likewize's innovation and market expansion potential.
• The new innovation lab in Bristol focuses on AI and machine learning advancements.
• Partnership with Newegg expands Likewize's reach in the e-commerce sector.

What critics are saying

• Emerging tech protection startups pose a threat to Likewize's market share.
• Rapid technological advancements may outpace Likewize's innovation capabilities.
• Economic downturns could reduce consumer spending on tech protection services.

What makes Likewize unique

• Likewize offers comprehensive tech protection solutions, including insurance, warranties, and repairs.
• The company operates in over 30 countries, addressing 250 million tech issues annually.
• Likewize partners with major brands, telcos, and banks, enhancing its market reach.

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