Stage
Bridge | AliveTotal Raised
$67MLast Raised
$15M | 2 yrs agoMosaic Score
+30 points in the past 30 days
About Fetchr
Founded in 2012, the Fetchr app eliminates the hassle from sending and receiving packages by using a phone as a physical address, thus solving the problem of no addresses in the Middle East. With just a snap and a swipe, drivers arrive to a customer's exact location via the phone, at a chosen time, to pick up a package and deliver it into the hands of their recipient - whenever and wherever they need it. Fetchr's sophisticated logistics technology connects the dots between customer, package, driver and sender to provide faster, cheaper, seamless deliveries.In December 2019, the company raised an additional $10M as part of an emergency recap. According to Bloomberg, existing investor saw the value of their shares diluted to almost zero.
Fetchr Headquarter Location
INL Building, Logistics City
Dubai,
United Arab Emirates
+971-4887-9972
Research containing Fetchr
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Fetchr in 1 CB Insights research brief, most recently on Aug 20, 2019.
Expert Collections containing Fetchr
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Fetchr is included in 3 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
3,455 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
On-Demand
1,231 items
Game Changers 2018
70 items
Latest Fetchr News
Jan 21, 2022
Borzo, which enables same-day intracity delivery across 10 countries, including Brazil, India and Russia, has appointed Idriss Al Rifai as its new CEO.Al Rifai is the former Chief Strategy & Data Officer at rapid delivery big hitter Glovo. He is also the founder of Fetchr, an international express, mail delivery and logistics services company that raised $90 million in funding. “Borzo is at the crossroads of its expansion. It has grown in over 10 markets now and has built a remarkable product,” he comments. “The key now is to be able to make it a truly global company, push it to the next level and coordinate all of its internal parts, efforts and innovations. It is incredibly exciting to be part of this journey and I am confident that we are going to be able to do that with our team.”Last year, Borzo raised $35 million in a Series C funding round. It has over 2.5 million couriers and two million active customers, 75% of which are small and medium-sized businesses.“We believe that in order for Borzo to reach its next milestone we needed the expertise and leadership of a seasoned executive who already operated at that scale,” says Mike Alexandrovski, Chairman and Co-founder, Borzo.“Idriss Al Rifai fits that bill perfectly and we are happy to entrust him with the company we founded.” Sign up for our free retail tech newsletter. Retail Technology Innovation Hub The 2022 RTIH Innovation Awards will open for nominations soon. In the meantime, check out our 2021 hall of fame en… https://t.co/AeurqnMbQj Jan 20, 2022, 1:51 PM Retail Technology Innovation Hub Pro-Direct Sport has partnered with @itsoneiota to launch the first native mobile shopper apps for its football, ru… https://t.co/TE9fycoMXj Jan 20, 2022, 1:47 PM Retail Technology Innovation Hub Gen Z increasingly believe that #retailers have a responsibility to help create a better world, and they are prepar… https://t.co/1eKAVwsQ8l Jan 20, 2022, 1:39 PM Retail Technology Innovation Hub EXCLUSIVE COMMENT: Autonomous stores surge - Answering the key questions around this technology @Sensei_tech… https://t.co/HPrH0SOQws Jan 20, 2022, 11:38 AM
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Where is Fetchr's headquarters?
Fetchr's headquarters is located at INL Building, Logistics City, Dubai.
What is Fetchr's latest funding round?
Fetchr's latest funding round is Bridge.
How much did Fetchr raise?
Fetchr raised a total of $67M.
Who are the investors of Fetchr?
Investors of Fetchr include Anthem Venture Partners, Telesystem, Ontario Emerging Technologies Fund, Axis Investment Fund and BEST Funds.
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