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Venture Capital News: Fetch Rewards Raises $210M Series D Round

2021-04-01
MADISON, WI, Fetch Rewards announced today that it has raised more than $210 million in Series D financing.
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.

Fetch Rewards is the fastest-growing consumer loyalty and shopper rewards app in its category. Since launching in 2017, the Fetch rewards app has been downloaded more than 19 million times and has nearly 7 million active users. To date, Fetch has processed nearly a billion receipts and has delivered more than $120 million in savings to its shoppers.

By working directly with hundreds of popular brands, Fetch Rewards gives shoppers access to savings on tens of thousands of products, whenever and wherever they are purchased. A top-ranked app in the App Store and Google Play Store, Fetch Rewards has more than one million five-star reviews from happy shoppers.
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