# FastAF Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fastaf-technologies

- Industry: Logistics & Distribution
- Headquarters: San Francisco, US
- Website: www.fastaf.com
- Total disclosed funding: $50M
- Latest round: Series A (Dec 8, 2021)
- Investors on record: 5

## About

Based in California, US, and launched in 2020 by Lee Hnetinka, FastAF Technologies, Inc. is a quick commerce retailer for products and brands. Darkstore is the developer of  the FastAF which in December 2021 raised USD 50 million in a Series A funding from DP Equity Investments, EQT, Interlace Ventures, Luxor Capital Group, PivotNorth Capital, and individual investors. The series A funding valued FastAF Technologies, Inc. at USD 200 million post-money. As part of this funding round, FastAF announced that it was spinning out as an independent entity from Darkstore - founded in 2015 and is the provider of the core technology that drives FastAF's micro fulfillment abilities. As of December 2021, founder Lee Hnetinka is the CEO of FastAF Technologies, Inc.

FastAF Technologies, Inc. provides FastAF, an online marketplace to deliver premium products from different brands within 2 hours. The company serves customers across Los Angeles, New York City, and San Francisco. In addition, FastAF Technologies offers a mobile application to iOS and Android users.

FastAF Technologies, Inc. plans to use its proceeds from a Series A funding to accelerate its growth initiatives like increasing brand selection, products, team members and expand the brand's footprint within markets.

## Funding rounds

- Series A, Dec 8, 2021, $50M — EQT, Luxor Capital Group, PivotNorth Capital, Interlace Ventures, DP Equity Investments

## Investors

- EQT (https://capitalatlas.ai/funds/eqt) — Series A
- Luxor Capital Group (https://capitalatlas.ai/funds/luxor-capital-group) — Series A
- PivotNorth Capital (https://capitalatlas.ai/funds/pivotnorth-capital) — Series A
- Interlace Ventures (https://capitalatlas.ai/funds/interlace-ventures) — Series A
- DP Equity Investments (https://capitalatlas.ai/funds/dp-equity-investments) — Series A