What is Fetchr?
Founded in 2012 and headquartered in Dubai, Fetchr operates as a crucial pickup and delivery service, facilitating e-commerce and logistics operations across the Middle East and North Africa. The company's strategic investments are geared towards enhancing its infrastructure and service capabilities to meet the growing demand for efficient last-mile delivery solutions in a rapidly digitizing market.
How much funding has Fetchr raised?
Fetchr has raised a total of $52M across 2 funding rounds:
Series A
$11M
Series B
$41M
Series A (2015): $11M with participation from Endeavors, Delta Partners, Winklevoss Capital, Polar Light Ventures, Dhabi Holdings, Ben Narasin, and Saned Partners
Series B (2017): $41M led by Iliad Partners, The Kanoo Group, Swicorp, BECO Capital, and Raed Ventures
Key Investors in Fetchr
Iliad Partners
Iliad Partners is a venture capital firm based in Dubai, focused on empowering founders in the MENA region to scale their startups into high-growth enterprises.
BECO Capital
BECO Capital is a prominent venture capital firm concentrating on the Gulf and MENA regions, committed to supporting founders with hands-on expertise and strategic capital.
Raed Ventures
RAED Ventures partners with visionary founders in the MENA region, providing early-stage investment and resources to build transformative companies.
What's next for Fetchr?
With substantial capital infusion, Fetchr is poised for accelerated growth and service enhancement. The company is expected to leverage this strategic investment to expand its operational footprint, optimize its delivery network, and potentially explore new technological integrations to further streamline its logistics processes. This funding round signals a strong confidence in Fetchr's business model and its potential to dominate the regional delivery market.
See full Fetchr company page
