Fetchr - About the company
Fetchr is a deadpooled company based in Dubai (United Arab Emirates), founded in 2012 by Joy Ajlouny and Idriss Al Rifai. It operates as an App-based platform for booking delivery services. Fetchr has raised $77M in funding from investors like New Enterprise Associates, Tamer Group and BECO Capital. The company has 263 active competitors, including 65 funded and 17 that have exited. Its top competitors include companies like LoadShare, Ninja Van and Veho.
Company Details
Fetchr is an app-based platform for booking delivery services. Using its app, users can dispatch and collect items. It automatically detects the user's address for pick up and drop, and provides ETA for the delivery. They can track the parcel and leave comments or requests to the driver.
- Website
- fetchr.us
Key Metrics
Founded Year
2012
Location
Dubai, United Arab Emirates
Stage
Deadpooled
Total Funding
$77M in 5 rounds
Latest Funding Round
Investors
Ranked
10th among 263 active competitors
Employee Count
858 as on Jul 01, 2024
Investment & Acquisitions
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Fetchr's funding and investors
Fetchr has raised a total funding of $77M over 5 rounds. Its first funding round was on Jun 09, 2015. Its latest funding round was a Series C round on Jul 23, 2020 for $*****. 4 investors participated in its latest round. Fetchr has 24 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Fetchr:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 23, 2020 | 4201679 | Series C | 9470821 | 2515463 | 8218612 | 2410422 |
Dec 04, 2019 | 8028753 | Series B | 8946536 | 6170979 | 3023077 | 7210996 |
2018 | 9059 | Series B | 6190 | 1752 | 2461 |
View details of Fetchr's funding rounds and investors
Fetchr's founders and board of directors
Founder? Claim ProfileThe founders of Fetchr are Joy Ajlouny and Idriss Al Rifai.
Here are the details of Fetchr's key team members:
- Joy Ajlouny: Co-Founder of Fetchr.
- Idriss Al Rifai: Former Founder of Fetchr.
View details of Fetchr's Founder profiles and Board Members
Fetchr's employee count trend
Fetchr has 858 employees as of Jul 24. Here is Fetchr's employee count trend over the years:
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Fetchr's Competitors and alternates
Top competitors of Fetchr include LoadShare, Ninja Van and Veho. Here is the list of Top 10 competitors of Fetchr, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of end-to-end logistics delivery services | $65M | 80/100 | ||
2nd | App-based platform providing last-mile B2C delivery services | $1.1B | 75/100 | ||
3rd | Veho 2016, Boulder (United States), Series B | AI-enable last-mile delivery services for e-commerce companies | $300M | 66/100 | |
4th | Online last-mile delivery services for e-commerce enterprises | $15M | 66/100 | ||
5th | Relay 2022, London (United Kingdom), Series A | Tech enabled ecommerce delivery services for retailers | $48.8M | 62/100 | |
6th | Provider of standard and custom delivery and logistics solutions | $324M | 62/100 | ||
7th | Provider of last-mile e-commerce delivery solutions | $383M | 62/100 | ||
8th | Provider of sustainable logistics & delivery services for e-commerce businesses | $136M | 60/100 | ||
9th | Gordon Delivery 2015, Stockholm (Sweden), Public | Crowdsourced end-to-end delivery services for businesses | $17.5M | 60/100 | |
10th | Fetchr 2012, Dubai (United Arab Emirates), Deadpooled | App-based platform for booking delivery services | $77M | 59/100 |
Looking for more details on Fetchr's competitors? Click here to see the top ones
Fetchr's Investments and acquisitions
Fetchr has acquired Kanoo Group. Fetchr has not made any investments as of now.Reports related to Fetchr
Here is the latest report on Fetchr's sector:
News related to Fetchr
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Fetchr confirms raising $15 million in fresh capital, expects to raise another $10 million in next few monthsMENAbytes•Sep 01, 2020•Fetchr, BECO Capital, Tamer Group, CMA CGM and 1 other
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Fetchr secures $15 million in fresh funds after cutting over 1,200 jobsMENAbytes•Jul 23, 2020•Fetchr, BECO Capital, Tamer Group, CMA CGM
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Fetchr appoints former UPS exec Hussein Wehbe as its new CEOMENAbytes•May 19, 2020•Fetchr, United Parcel Service
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Dubai-based start-up Fetchr agrees to as much as $25m in financingThe National•Dec 04, 2019•Fetchr, New Enterprise Associates, Majid Al Futtaim
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Dubai’s Fetchr raises $10 million as emergency funding to help avoid collapseMENAbytes•Dec 04, 2019•Fetchr, Majid Al Futtaim, Winklevoss Capital, NGP Capital and 1 other
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