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Fetch Rewards Closes $210 Million Round Of Funding Led By Softbank Vision Fund 2

Apr 01, 2021•over 4 years ago

Amount Raised

$210 Million

Madison

Description

Fetch Rewards, the nation's No. 1 consumer-loyalty and retail-rewards app, announced today that it has raised more than $210 million in Series D from SoftBank Vision Fund 2*, with participation from existing shareholders ICONIQ, DST, Greycroft and e.ventures. This latest round of funding brings the total amount raised by Fetch Rewards to $328 million. Fetch Rewards is one of the few startups with headquarters outside of Silicon Valley or New York to reach the unicorn valuation milestone.

Company Information

Company

Fetch Rewards

Location

Madison, New Jersey, United States

About

The company positions itself as a one-stop digital loyalty and marketing platform, as it utilizes purchase information to partner with brands and stores. The platform now has more than 600 partners, including BurgerKing, Unilever and Safeway. The Madison, Wisconsin-based company plans to invest in building out more features and expanding into new markets with a newly-launched Spanish version of the app. Schroll said the company has no imminent plans of going public.

Funding Insights

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