Fetch

Fetch

On-demand delivery service for local products

About

Fetch Delivery Inc. specializes in on-demand delivery services for 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 charges delivery fees for each order and offers promotional discounts to attract new users. Fetch also provides local businesses with a platform to reach more customers without managing their own delivery logistics. Additionally, Fetch offers flexible earning opportunities for drivers, allowing them to work on their own schedule. The goal of Fetch Delivery is to meet the growing consumer demand for convenience and time-saving solutions in the local delivery market.

Company Stage

N/A

Employees

11-50

Industries

Automotive & Transportation, Consumer Goods

Total Funding

$9.2M

Headquarters

Irvine, California

Founded

2013


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Simplify's Take

What believers are saying

  • Fetch's recent $50 million funding from Morgan Stanley indicates strong financial backing and potential for rapid expansion.
  • The company's focus on local markets and partnerships with local businesses can lead to strong community ties and customer loyalty.
  • Flexible job opportunities for drivers can attract a dedicated workforce, enhancing service reliability and customer satisfaction.

What critics are saying

  • Operating in a highly competitive market with giants like DoorDash and Instacart could limit Fetch's market share and growth potential.
  • The reliance on local businesses means that any economic downturns in these areas could directly impact Fetch's operations and revenue.

What makes Fetch unique

  • Fetch Delivery focuses on hyper-local markets like Santa Fe and Boulder, providing a personalized and community-centric service that larger competitors may overlook.
  • The company partners with a wide range of local businesses, offering a diverse product selection from groceries to hardware, which sets it apart from more specialized delivery services.
  • Fetch's flexible earning opportunities for drivers create a strong community engagement and local employment, unlike gig economy giants that often face criticism for their labor practices.

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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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