Fetch

Fetch

On-demand delivery service for local products

About

Fetch Delivery Inc. provides on-demand delivery services to individual consumers and local businesses in Santa Fe, NM, and Boulder, CO. Customers can order a variety of products, including groceries, pharmacy items, meals, pet supplies, home goods, and more, sourced from hundreds of local businesses. Once an order is placed, Fetch's drivers pick up the items and deliver them directly to the customer's doorstep. The company differentiates itself by focusing on local partnerships and offering a wide range of products, while also providing flexible earning opportunities for drivers. Fetch's goal is to meet the growing consumer demand for convenience and time-saving solutions in the local delivery market.

Company Stage

Debt Financing

Employees

11-50

Industries

Automotive & Transportation, Consumer Software, Consumer Goods

Total Funding

$9.2M

Headquarters

Irvine, California

Founded

2013


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Simplify's Take

What believers are saying

  • Fetch raised $50 million from Morgan Stanley, indicating strong financial backing and growth potential.
  • Fetch's appointment of a former Uber executive as CFO strengthens its leadership team.
  • Fetch's use of AI and gamification can boost user engagement and retention.

What critics are saying

  • Increased competition from DoorDash and Uber Eats could overshadow Fetch's market presence.
  • Rising operational costs may impact Fetch's profitability as it scales delivery services.
  • Potential regulatory changes in gig economy labor laws could affect Fetch's business model.

What makes Fetch unique

  • Fetch offers a unique receipt-scanning rewards app, enhancing customer loyalty and engagement.
  • Fetch Delivery specializes in hyper-local delivery, focusing on Santa Fe and Boulder areas.
  • Fetch integrates AI and ML to optimize delivery logistics and improve user experience.

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Benefits

Stock options

401k match

Medical, dental, & vision

Pet insurance

Education reimbursement

Flexible PTO

Parental leave

Flexible work schedule

Hybrid work environment

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