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Fetch valuation, funding and investors

Fetch works in purchase rewards earning, based in Madison, United States. Founded in 2013, it has about 1,130 employees.

Tech Companies Debt
VALUATION · TODAY
$1.58B −3% after Growth
Range $242M – $2.84B · Grade D
TODAY
+12 MO
$1.00B
$2.00B
$3.00B
$4.00B
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series C $80.0M
Series D $210M
Growth $240M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY1,131 employees
+9%6m growth
+7%1y growth
+19%2y growth
500
1,000
1,500
Data from May 2023
TODAY
Predicted in 1 yr $1.53B −3% vs today
Predicted next raise $248M if a round comes
Winding-down probability 26%
Last round
Growth · $240M · Apr 2022
Valuation at last round
$2.50B
Headcount
1,131 · flat
Grade
D
Founded
2013
How VCMC values companies →

Fetch valuation today

VCMC values Fetch at $1.6B today, with a range of $242M to $2.8B and a grade of D. The valuation starts from its last funding round, a growth round in Apr 2022.

Valuation by date (170 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Fetch: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2013$4.70M$1.71M – $12.9M$4.93M (+5%)before first round–unknownD0%
1 Feb 2013$4.72M$1.72M – $13.0M$4.95M (+5%)before first round–unknownD0%
1 Mar 2013$4.74M$1.73M – $13.0M$4.97M (+5%)before first round–unknownD0%
1 Apr 2013$4.76M$1.73M – $13.1M$4.99M (+5%)before first round–unknownD0%
1 May 2013$4.78M$1.74M – $13.1M$5.01M (+5%)before first round–unknownD0%
1 Jun 2013$4.80M$1.75M – $13.2M$5.03M (+5%)before first round–unknownD0%
1 Jul 2013$4.82M$1.75M – $13.2M$5.05M (+5%)before first round–unknownD0%
1 Aug 2013$4.83M$1.76M – $13.3M$5.07M (+5%)before first round–unknownD0%
1 Sep 2013$4.85M$1.77M – $13.3M$5.09M (+5%)before first round–unknownD0%
1 Oct 2013$4.87M$1.77M – $13.4M$5.11M (+5%)before first round–unknownD0%
1 Nov 2013$4.89M$1.78M – $13.4M$5.13M (+5%)before first round–unknownD0%
1 Dec 2013$4.91M$1.79M – $13.5M$5.15M (+5%)before first round–unknownD0%
1 Jan 2014$4.93M$1.79M – $13.5M$5.17M (+5%)before first round–unknownD0%
1 Feb 2014$4.95M$1.80M – $13.6M$5.19M (+5%)before first round–unknownD0%
1 Mar 2014$4.97M$1.81M – $13.6M$5.21M (+5%)before first round–unknownD0%
1 Apr 2014$4.99M$1.82M – $13.7M$5.23M (+5%)before first round–unknownD0%
1 May 2014$5.01M$1.82M – $13.8M$5.25M (+5%)before first round–unknownD0%
1 Jun 2014$5.03M$1.83M – $13.8M$5.27M (+5%)before first round–unknownD0%
1 Jul 2014$5.05M$1.84M – $13.9M$5.29M (+5%)before first round–unknownD0%
1 Aug 2014$5.07M$1.84M – $13.9M$5.31M (+5%)before first round–unknownD0%
1 Sep 2014$5.09M$1.85M – $14.0M$5.33M (+5%)before first round–unknownD0%
1 Oct 2014$5.11M$1.86M – $14.0M$5.35M (+5%)before first round–unknownD0%
1 Nov 2014$5.13M$1.87M – $14.1M$5.37M (+5%)before first round–unknownD0%
1 Dec 2014$5.15M$1.87M – $14.1M$5.39M (+5%)before first round–unknownD0%
1 Jan 2015$5.17M$1.88M – $14.2M$5.41M (+5%)before first round–unknownD0%
1 Feb 2015$5.19M$1.89M – $14.2M$5.44M (+5%)before first round–unknownD0%
1 Mar 2015$5.21M$1.90M – $14.3M$5.46M (+5%)before first round–unknownD0%
1 Apr 2015$5.23M$1.90M – $14.4M$5.48M (+5%)before first round–unknownD0%
1 May 2015$5.25M$1.91M – $14.4M$5.50M (+5%)before first round–unknownD0%
1 Jun 2015$5.27M$1.92M – $14.5M$5.52M (+5%)before first round–unknownD0%
1 Jul 2015$5.29M$1.93M – $14.5M$5.54M (+5%)before first round–unknownD0%
1 Aug 2015$5.31M$1.93M – $14.6M$5.69M (+7%)before first round–unknownD0%
1 Sep 2015$5.33M$1.94M – $14.6M$5.84M (+10%)before first round–unknownD0%
1 Oct 2015$5.35M$1.95M – $14.7M$5.99M (+12%)before first round–unknownD0%
1 Nov 2015$5.37M$1.96M – $14.8M$6.16M (+15%)before first round–unknownD0%
1 Dec 2015$5.39M$1.96M – $14.8M$6.32M (+17%)before first round–unknownD0%
1 Jan 2016$5.41M$1.97M – $14.9M$6.49M (+20%)before first round–unknownD0%
1 Feb 2016$5.44M$1.98M – $14.9M$6.67M (+23%)before first round–unknownD0%
1 Mar 2016$5.46M$1.99M – $15.0M$6.84M (+25%)before first round–unknownD0%
1 Apr 2016$5.48M$1.99M – $15.0M$7.02M (+28%)before first round–unknownD0%
1 May 2016$5.50M$2.00M – $15.1M$7.21M (+31%)before first round–unknownD0%
1 Jun 2016$5.52M$2.01M – $15.2M$7.40M (+34%)before first round–unknownD0%
1 Jul 2016$5.54M$2.02M – $15.2M$7.60M (+37%)before first round–unknownD0%
1 Aug 2016$5.69M$2.07M – $15.6M$7.80M (+37%)before first round–unknownD0%
1 Sep 2016$5.84M$2.13M – $16.1M$8.01M (+37%)before first round–unknownD0%
1 Oct 2016$6.00M$2.18M – $16.5M$8.22M (+37%)before first round–unknownD0%
1 Nov 2016$6.16M$2.24M – $16.9M$8.45M (+37%)before first round–unknownD0%
1 Dec 2016$6.32M$2.30M – $17.4M$8.67M (+37%)before first round–unknownD0%
1 Jan 2017$6.49M$2.36M – $17.8M$8.90M (+37%)before first round–unknownD0%
1 Feb 2017$6.67M$2.43M – $18.3M$9.14M (+37%)before first round–unknownD0%
1 Mar 2017$6.83M$2.49M – $18.8M$9.36M (+37%)before first round–unknownD0%
1 Apr 2017$7.01M$2.55M – $19.3M$9.62M (+37%)before first round–unknownD0%
1 May 2017$7.20M$2.62M – $19.8M$9.87M (+37%)before first round–unknownD0%
1 Jun 2017$7.39M$2.69M – $20.3M$10.1M (+37%)before first round–unknownD0%
1 Jul 2017$7.59M$2.76M – $20.8M$10.4M (+37%)before first round–unknownD0%
1 Aug 2017$7.79M$2.84M – $21.4M$10.7M (+37%)before first round–unknownD0%
1 Sep 2017$8.01M$2.91M – $22.0M$11.0M (+37%)before first round–unknownD0%
1 Oct 2017$8.22M$2.99M – $22.6M$11.3M (+37%)before first round–unknownD0%
1 Nov 2017$8.44M$3.07M – $23.2M$11.6M (+37%)before first round–unknownD0%
1 Dec 2017$8.66M$3.15M – $23.8M$11.9M (+37%)before first round–unknownD0%
1 Jan 2018$8.90M$3.24M – $24.4M$12.2M (+37%)before first round–unknownD0%
1 Feb 2018$9.14M$3.33M – $25.1M$12.5M (+37%)before first round–unknownD0%
1 Mar 2018$9.36M$3.41M – $25.7M$12.8M (+37%)before first round–unknownD0%
1 Apr 2018$9.62M$3.50M – $26.4M$13.2M (+37%)before first round–unknownD0%
1 May 2018$9.87M$3.59M – $27.1M$13.5M (+37%)before first round–unknownD0%
1 Jun 2018$10.1M$3.69M – $27.8M$13.9M (+37%)before first round–unknownD0%
1 Jul 2018$10.4M$3.79M – $28.6M$14.3M (+37%)before first round–unknownD0%
1 Aug 2018$10.7M$3.89M – $29.4M$14.4M (+35%)before first round–unknownD0%
1 Sep 2018$11.0M$4.00M – $30.2M$14.5M (+32%)before first round–unknownD0%
1 Oct 2018$11.3M$4.10M – $30.9M$14.7M (+30%)before first round–unknownD0%
1 Nov 2018$11.6M$4.21M – $31.8M$14.8M (+28%)before first round–unknownD0%
1 Dec 2018$11.9M$4.32M – $32.6M$14.9M (+26%)before first round–unknownD0%
1 Jan 2019$12.2M$4.44M – $33.5M$15.1M (+24%)before first round–unknownD0%
1 Feb 2019$12.5M$4.56M – $34.4M$15.2M (+21%)before first round–unknownD0%
1 Mar 2019$12.8M$4.67M – $35.3M$15.3M (+19%)before first round–unknownD0%
1 Apr 2019$13.2M$4.80M – $36.2M$15.5M (+17%)before first round–unknownD0%
1 May 2019$13.5M$4.93M – $37.2M$15.6M (+15%)before first round–unknownD0%
1 Jun 2019$13.9M$5.06M – $38.2M$15.8M (+13%)before first round–unknownD0%
1 Jul 2019$14.3M$5.19M – $39.2M$15.9M (+11%)before first round–unknownD0%
1 Aug 2019$14.4M$5.25M – $39.6M$16.0M (+11%)before first round–unknownD0%
1 Sep 2019$14.5M$5.29M – $39.9M$16.2M (+11%)before first round–unknownD0%
1 Oct 2019$14.7M$5.34M – $40.3M$16.3M (+11%)before first round–unknownD0%
1 Nov 2019$14.8M$5.39M – $40.7M$16.5M (+11%)before first round–unknownD0%
1 Dec 2019$14.9M$5.44M – $41.0M$16.6M (+11%)before first round–unknownD0%
1 Jan 2020$15.1M$5.49M – $41.4M$16.8M (+11%)before first round–unknownD0%
1 Feb 2020$15.2M$5.54M – $41.8M$16.9M (+11%)before first round–unknownD0%
1 Mar 2020$15.3M$5.59M – $42.1M$17.1M (+11%)before first round–unknownD0%
1 Apr 2020$15.5M$5.64M – $42.5M$17.2M (+11%)before first round–unknownD0%
1 May 2020$15.6M$5.69M – $42.9M$17.4M (+11%)before first round–unknownD0%
1 Jun 2020$15.8M$5.74M – $43.3M$17.6M (+11%)before first round–unknownD0%
1 Jul 2020$15.9M$5.79M – $43.7M$17.7M (+11%)before first round–unknownD0%
1 Aug 2020$16.1M$5.84M – $44.1M$17.9M (+11%)before first round–unknownD0%
1 Sep 2020$16.2M$5.90M – $44.5M$18.0M (+11%)before first round–unknownD0%
1 Oct 2020$16.3M$5.95M – $44.9M$18.2M (+11%)before first round–unknownD0%
1 Nov 2020$16.5M$6.00M – $45.3M$18.4M (+11%)before first round–unknownD0%
1 Dec 2020$16.6M$6.06M – $45.7M$18.5M (+11%)before first round–unknownD0%
8 Dec 2020$728M$478M – $1.4B$945M (+30%)after a round–unknownB0%
1 Jan 2021$740M$478M – $1.4B$945M (+28%)after a round–unknownB0%
1 Feb 2021$757M$478M – $1.4B$945M (+25%)after a round–unknownB0%
1 Mar 2021$773M$478M – $1.4B$945M (+22%)after a round–unknownB0%
1 Apr 2021$1.0B$869M – $1.5B$1.3B (+30%)after a round–unknownA0%
2 Apr 2021$1.0B$869M – $1.5B$1.3B (+30%)after a round–unknownA0%
1 May 2021$1.0B$869M – $1.5B$1.3B (+27%)after a round–unknownA0%
1 Jun 2021$1.0B$869M – $1.5B$1.3B (+24%)after a round–unknownA0%
1 Jul 2021$1.1B$869M – $1.5B$1.3B (+22%)after a round–unknownA0%
1 Aug 2021$1.1B$869M – $1.5B$1.3B (+19%)after a round–unknownA0%
1 Sep 2021$1.1B$869M – $1.5B$1.3B (+16%)after a round–unknownA0%
1 Oct 2021$1.1B$869M – $1.5B$1.3B (+14%)after a round–unknownA0%
1 Nov 2021$1.2B$869M – $1.5B$1.3B (+11%)after a round–unknownA0%
1 Dec 2021$1.2B$869M – $1.5B$1.3B (+9%)after a round–unknownA0%
1 Jan 2022$1.2B$869M – $1.5B$1.3B (+7%)after a round–unknownA0%
1 Feb 2022$1.2B$869M – $1.5B$1.3B (+4%)after a round–unknownA0%
1 Mar 2022$1.3B$869M – $1.5B$1.3B (+2%)after a round–unknownA0%
1 Apr 2022$1.3B$869M – $1.5B$1.3B (0%)after a round–unknownA0%
8 Apr 2022$2.5B$2.2B – $3.2B$2.8B (+10%)after a round–unknownA0%
1 May 2022$2.5B$2.2B – $3.2B$2.8B (+9%)after a round–unknownA0%
1 Jun 2022$2.5B$2.2B – $3.2B$2.8B (+8%)after a round–unknownA0%
1 Jul 2022$2.6B$2.2B – $3.2B$2.8B (+8%)after a round–unknownA0%
1 Aug 2022$2.6B$2.2B – $3.2B$2.8B (+7%)after a round–unknownA0%
1 Sep 2022$2.6B$2.2B – $3.2B$2.8B (+6%)after a round–unknownA0%
1 Oct 2022$2.6B$2.2B – $3.2B$2.8B (+5%)after a round–unknownA0%
1 Nov 2022$2.6B$2.2B – $3.2B$2.8B (+4%)after a round–unknownA0%
1 Dec 2022$2.7B$2.2B – $3.2B$2.8B (+3%)after a round–unknownA0%
1 Jan 2023$2.7B$2.2B – $3.2B$2.8B (+3%)after a round–unknownA0%
1 Feb 2023$2.7B$2.2B – $3.2B$2.8B (+2%)after a round–unknownA0%
1 Mar 2023$2.7B$2.2B – $3.2B$2.8B (+1%)after a round–unknownA0%
1 Apr 2023$2.7B$2.2B – $3.2B$2.8B (0%)after a round–unknownA0%
1 May 2023$2.8B$2.1B – $3.2B$2.8B (0%)after a round800unknownA0%
1 Jun 2023$2.8B$2.0B – $3.2B$2.8B (0%)after a round800unknownA0%
1 Jul 2023$2.8B$1.9B – $3.2B$2.8B (0%)after a round800unknownA0%
1 Aug 2023$2.8B$1.8B – $3.2B$2.8B (0%)after a round800unknownA0%
1 Sep 2023$2.8B$1.7B – $3.2B$2.8B (0%)after a round800unknownB0%
1 Oct 2023$2.8B$1.6B – $3.2B$2.8B (0%)after a round800flatB0%
1 Nov 2023$2.8B$1.5B – $3.2B$2.8B (0%)after a round800flatB0%
1 Dec 2023$2.8B$1.5B – $3.2B$2.8B (0%)after a round800flatB0%
1 Jan 2024$2.8B$1.4B – $3.2B$2.8B (0%)after a round800flatB0%
1 Feb 2024$2.8B$1.3B – $3.2B$2.8B (0%)after a round800flatB0%
1 Mar 2024$2.8B$1.3B – $3.2B$2.8B (0%)after a round860flatB0%
1 Apr 2024$2.8B$1.2B – $3.2B$2.8B (0%)after a round860flatB0%
1 May 2024$2.8B$1.1B – $3.2B$2.7B (-1%)after a round860flatB0%
1 Jun 2024$2.8B$1.1B – $3.2B$2.7B (-1%)after a round860flatB0%
1 Jul 2024$2.8B$1.0B – $3.2B$2.7B (-2%)after a round860flatB0%
1 Aug 2024$2.8B$1.3B – $3.2B$2.7B (-1%)after a round950upB0%
1 Sep 2024$2.8B$1.2B – $3.2B$2.7B (-2%)after a round950upB0%
1 Oct 2024$2.8B$1.2B – $3.2B$2.7B (-2%)after a round950upB0%
1 Nov 2024$2.8B$1.1B – $3.2B$2.7B (-2%)after a round970upB0%
1 Dec 2024$2.8B$1.1B – $3.2B$2.7B (-2%)after a round970upB0%
1 Jan 2025$2.8B$1.1B – $3.2B$2.7B (-2%)after a round970upB0%
1 Feb 2025$2.8B$1.0B – $3.2B$2.7B (-3%)after a round970upB0%
1 Mar 2025$2.8B$1.0B – $3.2B$2.7B (-3%)after a round970upB0%
1 Apr 2025$2.8B$970M – $3.2B$2.7B (-3%)after a round970upB0%
1 May 2025$2.7B$783M – $3.2B$2.6B (-6%)after a round970upC0%
1 Jun 2025$2.7B$751M – $3.1B$2.6B (-6%)after a round970upC0%
1 Jul 2025$2.7B$720M – $3.2B$2.7B (0%)after a round1,153upC0%
1 Aug 2025$2.7B$690M – $3.2B$2.7B (-1%)after a round1,095upC0%
1 Sep 2025$2.7B$662M – $3.1B$2.7B (-1%)after a round1,095upC0%
1 Oct 2025$2.7B$635M – $3.1B$2.6B (-5%)after a round1,060upC0%
1 Nov 2025$2.7B$465M – $3.1B$2.5B (-5%)after a round1,041flatC0%
1 Dec 2025$2.7B$443M – $3.1B$2.5B (-5%)after a round1,041flatC0%
1 Jan 2026$2.6B$421M – $3.0B$2.5B (-5%)after a round1,041flatC0%
1 Feb 2026$2.6B$400M – $3.0B$2.5B (-5%)after a round1,041flatD0%
1 Mar 2026$2.6B$382M – $2.9B$2.5B (-2%)after a round1,041flatD0%
1 Apr 2026$2.5B$363M – $2.9B$2.5B (-2%)after a round1,041flatD0%
1 May 2026$2.5B$345M – $2.9B$2.5B (-1%)after a round1,072flatD0%
1 Jun 2026$1.7B$328M – $2.8B$1.5B (-9%)after a round1,072flatD31%
1 Jul 2026$1.6B$312M – $2.8B$1.5B (-8%)after a round1,072flatD31%
1 Aug 2026$1.6B$297M – $2.8B$1.5B (-7%)after a round1,072flatD31%
1 Sep 2026$1.6B$282M – $2.8B$1.5B (-6%)after a round1,072flatD31%
1 Oct 2026$1.6B$269M – $2.8B$1.6B (-4%)after a round1,131flatD28%
24 Oct 2026$1.6B$242M – $2.8B$1.5B (-3%)after a round1,131flatD26%

Key facts about Fetch

Founded
2013
Headquarters
Madison, United States
Employees
about 1,130 +7% in a year
Total raised
$580M
Funding rounds
4
Last round
Debt Mar 2024

Fetch was founded in 2013 by Wes Schroll.

Fetch funding history

Fetch has 4 funding rounds on record, from Dec 2020 to Mar 2024, $580M in total. The latest disclosed valuation is $2.50B post-money (Growth Equity, Apr 2022).

  1. Debt 20 Mar 2024no round page

    Led by Morgan Stanley.

    Sources: prnewswire.com, morganstanley.com, ibmadison.com and 3 more

    $50M

  2. Growth Equity 7 Apr 2022

    Led by Hamilton Lane; with Archer Capital Group, NielsenIQ, TelevisaUnivision, Yieldstreet, SoftBank Vision Fund, ICONIQ Growth, DST Global, Greycroft, Gaingels, Headline.

    Sources: hamiltonlane.com, prnewswire.com, biztimes.com and 2 more

    $240M

    $2.50B post-money

  3. Series D 1 Apr 2021

    Led by SoftBank Vision Fund; with ICONIQ, DST Global, Greycroft, Headline.

    Sources: prnewswire.com, pulse2.com, wisconsinvca.org

    $210M

    $1.00B post-money

  4. Series C 7 Dec 2020

    Led by ICONIQ Growth; with DST Global, Greycroft, Headline.

    Sources: prnewswire.com, techstartups.com, finsmes.com and 2 more

    $80M

Fetch investors

13 investors have backed Fetch; ICONIQ Growth, SoftBank Vision Fund and Hamilton Lane and 1 more led at least one round.

What Fetch does

Fetch works in tech companies, with 11 recorded offerings and customers in retail, consumer goods and food and beverage.

Fetch Rewards, LLC is an American software company that operates a digital rewards platform. The company provides a rewards program that enables users to earn points for activities such as shopping, dining, and gaming, which can be redeemed for gift cards. Fetch also offers digital receipt processing, a referral program, and a social network for user engagement. The company serves consumers and businesses across sectors including consumer goods, retail, restaurants, and agencies, and collaborates with brands to deliver a range of rewards. Fetch utilizes artificial intelligence and machine learning technologies to support its operations.

Description from Veridion's company data.

Products and services

  • Purchase Rewards Earning
  • Digital Receipt Submission Services
  • Social Networking Services
  • Brand Partnership Engagement
  • AI-Driven Rewards Data Analytics
  • Machine Learning Rewards Optimization
  • Mobile Application Development
  • Browser Extension Development
  • Premium Feature Subscription Services
  • Retail and Consumer Goods Engagement
  • Restaurant and Agency Partnership Services

Markets

  • Retail
  • Consumer Goods
  • Food and Beverage

Technology

  • AI and Machine Learning for Consumer Data Analytics

Business model

  • Business-to-Business
  • Business-to-Consumer
  • Subscription-Based

Industry codes (NAICS)

  • 513210 Software Publishers 100% match

Questions about Fetch

What is Fetch worth?

Valuation $1.6B (range $242M to $2.8B), as of 24 Oct 2026. The last disclosed valuation was $2.50B (Growth Equity, Apr 2022).

Has Fetch raised money?

Fetch has 4 funding rounds on record, from Dec 2020 to Mar 2024, $580M in total. The latest disclosed valuation is $2.50B post-money (Growth Equity, Apr 2022).

Who has invested in Fetch?

ICONIQ Growth, SoftBank Vision Fund, Hamilton Lane, Morgan Stanley, DST Global and Greycroft, and 7 more. Lead investors include ICONIQ Growth, SoftBank Vision Fund, Hamilton Lane and Morgan Stanley.

How many people work at Fetch?

About 1,130, up 7% over the last year. Headcount grew from 800 in May 2023 to 1,131 in Sep 2026.

What does Fetch do?

Fetch works in tech companies, with 11 recorded offerings and customers in retail, consumer goods and food and beverage. Its main offerings are purchase rewards earning, digital receipt submission services and social networking services.

When was Fetch founded, and where is it based?

Fetch was founded in 2013 and is based in Madison, United States. It has about 1,130 employees, up 7% over the last year.