# Fetch Rewards

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fetch-rewards

- Industry: Software
- Headquarters: Madison, US
- Website: www.fetchrewards.com
- Total disclosed funding: $512M
- Latest round: Series E (Mar 23, 2022)
- Investors on record: 12

## About

Based in Wisconsin, US, and founded in 2013, Fetch Rewards, Inc. operates as a consumer-loyalty and retail rewards application. The company was founded by Wes Schroll. In March 2024, Fetch Rewards, Inc. raised USD 50 million in venture debt funding from new investor Morgan Stanley.

The company offers an online mobile shopping application that offers a receipt scanner that enables its users to accumulate rewards from the snap of the receipts, regardless of where they shop or what they buy. With over 600 brands participating, including Starbucks, PepsiCo, and L'Oréal, Fetch Rewards offers a way for consumers to accumulate points and redeem them for a variety of rewards, from gift cards to popular retailers and restaurants. Fetch Reward also provides weekly offers for earning extra points to be used in other online marketplace such as Target, Amazon, Walmart, Best Buy, Chipotle, and Home Depot. The company's mobile application also allows users to accumulate savings and loyalty points, monitor their expenses,  construct a shopping list, and checkout with the scan of a single barcode on their mobile phone.

Fetch Rewards generates revenue primarily through partnerships with consumer packaged goods (CPG) brands, retailers, and restaurants who leverage its platform to drive customer engagement and loyalty.

## Funding rounds

- Series E, Mar 23, 2022, $190M — Hamilton Lane, Headline, Greycroft, DST Global, ICONIQ Capital, Archer Capital Group, YieldStreet Inc., Gaingels, SB Investment Advisers, NielsenIQ, TelevisaUnivision, Inc.
- Series D, May 17, 2021, $211M — Headline, Greycroft, DST Global, ICONIQ Capital, SB Investment Advisers
- Series C, Oct 21, 2020, $80M — Headline, Greycroft, DST Global, ICONIQ Capital, Gaingels
- Series B, Sep 18, 2019, $25M — Headline, Greycroft
- Series A, May 11, 2015, $6.5M — Great Oaks Venture Capital

## Investors

- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Series A
- Headline (https://capitalatlas.ai/funds/headline) — Series B, Series C, Series D, Series E
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series B, Series C, Series D, Series E
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series C, Series D, Series E
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series C, Series D, Series E
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series C, Series E
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series D, Series E
- Hamilton Lane (https://capitalatlas.ai/funds/hamilton-lane) — Series E
- Archer Capital Group (https://capitalatlas.ai/funds/archer-capital-group) — Series E
- YieldStreet Inc. — Series E
- NielsenIQ — Series E
- TelevisaUnivision, Inc. — Series E