Fetch Rewards is a mobile shopping platform that rewards shoppers for buying the brands they love.
Fetch Rewards is the quickest and easiest way for consumers to save when shopping for groceries and other household essentials.
Fetch Rewards was founded in 2013 by Wes Schroll. The company is headquartered in Madison, Wisconsin, with an office in Chicago, New York, Birmingham, Bentonville, and San Francisco.
Fetch Rewards shoppers save and automatically earn points on thousands of brand-name grocery and household items. The app allows users to simply shop, scan their receipts on their phones, and automatically earn savings anywhere they shop.
Fetch partners directly with the biggest brands in the world to give consumers access to quick and easy rewards every time they snap a photo of their receipt or submit an eReceipt.
Fetch has 13M active users who have submitted more than 2 billion receipts and earned more than $340 million in rewards points. The company recently surpassed $100 billion in annualized gross merchandise value (GMV).
Fetch is backed by ICONIQ Growth, DST Global, SoftBank Vision Fund 2, Greycroft, Hamilton Lane, E.ventures, Loeb Enterprises, Archer Venture Capital, NielsenIQ, TelevisaUnivision, and others. The company raised $240M in Series E round on Apr 06, 2022. This brings Fetch's total funding to $581.5M to date. The latest round more than doubled the company's valuation to $2.5B post-money. Fetch was last valued at over $1B from its Series D raised in Apr 2021.