Fetch

Fetch

Receipt-scanning rewards mobile app

Overview

Fetch Rewards is a mobile rewards app that helps people save money on groceries by earning points for scanned receipts. Users scan their grocery receipts after shopping, and the app automatically identifies eligible products to award points, which can be redeemed for gift cards and merchandise. The service works through partnerships with brands and retailers that pay Fetch Rewards to promote products and engage customers, with revenue coming from brand partnerships and advertising. The app emphasizes a simple experience that lets consumers save money without changing their shopping habits. Compared to competitors, Fetch Rewards combines broad brand partnerships with automatic receipt parsing and a focus on easy, everyday savings through a familiar mobile interface. The goal is to give users a straightforward way to earn rewards on their regular purchases while providing brands with ways to reach shoppers and drive engagement.

About Fetch

Simplify's Rating
Why Fetch is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consumer Software

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$850.1M

Headquarters

Madison, Wisconsin

Founded

2013

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Simplify's Take

What believers are saying

  • August 5, 2026 Rewarded Video posted 96% completion and 9.2-point awareness lift.
  • Unilever and WPP Media are piloting Fetch's new format, validating enterprise demand.
  • Morgan Stanley's $110 million debt facility and 2025 partnerships fund expansion and innovation.

What critics are saying

  • Privacy-first positioning invites scrutiny; receipt scanning and purchase targeting expose sensitive household data.
  • Rewards economics depend on brand spending; weaker ad budgets quickly squeeze point liabilities.
  • Amazon, Walmart Connect, and retailer media networks can copy receipt-based targeting and crush margins.

What makes Fetch unique

  • Fetch owns receipt-level, retailer-agnostic purchase data across 13 million daily receipts.
  • Rewarded Video turns post-scan attention into measurable, opt-in advertising for CPG brands.
  • Loyalty+ and Kard extend rewards into streaming and broader offer distribution.

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Funding

Total Funding

$850.1M

Above

Industry Average

Funded Over

11 Rounds

Notable Investors:
Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Stock options

401k match

Medical, dental, & vision

Pet insurance

Education reimbursement

Flexible PTO

Parental leave

Flexible work schedule

Hybrid work environment

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

0%
PR Newswire
Aug 5th, 2026
Fetch launches rewarded video ads with 96% completion rate and 9.2pp awareness lift

Fetch has launched what it calls the industry's first rewarded video experience designed for consumers in a shopping mindset. The format appears after users scan receipts in the Fetch app, allowing them to watch branded videos in exchange for points redeemable for gift cards and merchandise. Early results show a 96% video completion rate and 9.2 percentage point lift in unaided awareness, compared to the 0.7% CPG industry benchmark. The opt-in rate was 85 times higher than traditional digital advertising benchmarks. Advertisers can target audiences based on verified purchase behaviour and pay for completed views rather than impressions. Unilever and WPP Media are among early partners testing the format. Fetch processes over 13 million receipts daily.

Fetch
Aug 5th, 2026
Fetch launches industry's first Rewarded Video for consumers in A shopping mindset.

Fetch launches industry's first Rewarded Video for consumers in A shopping mindset. MADISON, Wis., August 5, 2026 - Fetch announced today the launch of the industry's first rewarded video experience built specifically for consumers while they're in a shopping mindset. By seamlessly integrating opt-in video into the shopping journey, brands can engage consumers at the moment of purchase. Early results show 96% video completion rate, 9.2pp lift in unaided awareness (vs. 0.7% CPG industry benchmark) and 85x higher opt-in rate when compared to traditional digital advertising benchmarks. The format appears after users scan a receipt in the Fetch app, a high-intent moment when consumers are already engaged in shopping behavior. The experience is fully opt-in: consumers choose to watch branded videos in exchange for Fetch Points, redeemable for gift cards, merchandise, charitable donations, and more. Advertisers can reach relevant audiences using purchase-based targeting and pay based on completed views rather than impressions. "Rewarded media has long been a highly engaging format, but it has largely been limited to gaming environments," said Phil McDonnell, Chief Product Officer at Fetch. "Fetch Rewarded Video brings that same value into a platform built around everyday shopping, creating more meaningful opportunities for brands to connect with consumers." Brands can use the format to drive awareness, support product launches, reach category buyers and strengthen consideration campaigns. Key benefits include: * Audience targeting based on verified purchase behavior * Placement alongside real-world shopping activity * Opt-in consumer engagement * Outcome-based pricing tied to completed views Unilever was among the early partners to Alpha Test Rewarded Video & delivered rewarding moments for their consumers when watching premium video content. Aaron Sobol, Head of North America Media Investment at Unilever, said: "We are accelerating an agile, commerce-forward, social-first marketing approach by investing in capabilities that deepen consumer engagement and drive meaningful business outcomes. As a first mover with this new rewarded video format, we see an opportunity to create more interactive and engaging commerce experiences. Rewarded video introduces a smart, gamified approach that delivers tangible value to consumers while unlocking growth for our brands." WPP Media is partnering with Fetch to bring Rewarded Video to market, with its clients among the first to pilot the format and engage purchase-minded consumers through rewarding, opt-in video experiences. "Consumers are increasingly selective about where they spend their attention, which means marketers have to earn engagement rather than assume it," said Dominick Pace, President, Media, WPP Unite. "Fetch Rewarded Video is a great example of how brands can create a meaningful value exchange with consumers by offering something in return for their attention. Collaborating with Fetch allows us to explore new ways to connect with shoppers in high-intent moments through experiences that are more interactive, measurable and aligned with how people shop today." About Fetch. Fetch helps people live rewarded with a vision to create the rewards destination for everyone. Fetch turn everyday activities into meaningful rewards, whether it's grocery shopping, grabbing a quick meal, or playing a favorite mobile game. To date, Fetch has awarded more than $1 billion in Fetch Points to its users. This scale positions Fetch as an outcomes-based advertising platform that helps brands acquire and retain lifelong consumers. With more than 13 million receipts submitted daily, Fetch represents the largest retail-agnostic, SKU-level view of household spending, with visibility into $212 billion in gross merchandise value. The Fetch app is available on the App Store and Google Play. Media contact. Win Sakdinan [email protected] 203-482-1363

PR Newswire
Jul 7th, 2026
Fetch appoints Phil McDonnell as CPO to drive product innovation

Fetch has appointed Phil McDonnell as Chief Product Officer to lead product strategy and innovation. McDonnell joins from Chime, where he served as Vice President of Product and led the core product team through the company's 2025 IPO. Previously, he led Coinbase's Subscription and Services business, scaling revenue from $10 million to over $2 billion. He also spent nearly a decade at Google leading Ads Measurement and developing AI-powered marketing attribution models. Fetch is a rewards app that has awarded over $1 billion in Fetch Points to consumers. The platform processes more than 13 million receipts daily and has visibility into $212 billion in gross merchandise value.

Latham & Watkins LLP
Oct 7th, 2025
Latham & Watkins Advises Fetch Rewards on Series of Strategic Growth Financing Transactions

Firm represents leading unicorn consumer loyalty technology company on debt and customer acquisition flow facilities supporting the company’s continued growth.

StockTitan
Sep 16th, 2025
Morgan Stanley Invests $110M in Fetch

Morgan Stanley Private Credit has led an incremental senior debt financing for Fetch, increasing the existing debt facility to $110 million. This investment aims to accelerate user growth and innovation as Fetch expands into new market verticals. The funding will support product development, AI and machine learning technologies, and user base growth. Fetch's CFO, Gideon Oppenheimer, and Ashwin Krishnan from Morgan Stanley expressed optimism about the partnership and Fetch's growth trajectory.

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