The data flow provides the backbone for a new generation of advertising tools that Fetch Rewards says drives accurate, measurable purchasing decisions.
This ability to reward consumers while capturing real-time purchase data from every kind of transaction, claims Fetch, sets it apart from its competitors.įetch Rewards currently has an active user base of 13 million and captures more than $100 billion in gross merchandise value. The company’s app allows users to save on everyday purchases by simply scanning their receipts. For brand partners, the company’s platform delivers a 360-degree view of shopping habits and a way to reward a customer’s individual loyalty in a meaningful way.įetch says its app users are highly engaged and want to submit every receipt, both paper and digital, from every purchase, be it grocery, retail, restaurant or online. The round was raised on a valuation greater than $2.5 billion. Including the new funding, Fetch Rewards has raised $581.8 million to date, according to data from Crunchbase.įounded in 2013, Fetch Rewards offers a mobile shopping platform that rewards shoppers for buying certain brands. Also participating were Archer Venture Capital, NielsenIQ, TelevisaUnivision, SoftBank Vision Fund 2, ICONIQ Growth, DST Global, Greycroft, Gaingels and Headline.
CLOUD ICONIQ GROWTH 7.5B SERIES
Investment management firm Hamilton Lane led the Series E round. We deeply value our investment partnership with the company and are excited to expand it as we continue on this journey," stated Will Griffith, ICONIQ Growth founding partner.Mobile shopping rewards startup Fetch Rewards Inc. revealed today that it has raised $240 million in a new late-stage funding to fuel its growth as it continues to build its digital loyalty and marketing platform.
Netskope is pointing the way to where cloud, networking, security, and data protection are headed long-term. "Digital transformation doesn't happen without network transformation and security transformation, and we believe that's where Netskope delivers like no other provider. Netskope's Security Cloud provides a comprehensive, cloud-native SASE platform that enables secure enterprise digital transformation and secure remote connectivity through integrated zero-trust network access, secure web gateway and cloud access security broker capabilities. The company intends to aggressively expand its platform and go-to-market during its hypergrowth to meet the high demand for its market-leading Secure Access Service Edge (SASE) architecture. The successful investment round illustrates the company's notable team, vision, track record of strong global execution and opportunity to continue its rapid gaining of share in the fast-growing CAGR market, which analysts estimate to be a $30 billion total addressable market by 2024. We are fortunate to have attracted a truly exceptional team and set of partners, customers and industry luminaries who support and bring tremendous value to us, and we are pleased to take another step forward with all of them in our journey,” added Beri. "We were SASE before the term SASE existed and today we are seeing our vision manifest across the globe as enterprises increasingly turn to Netskope to enable secure digital transformation. "We started Netskope because we saw a cloud-centric, digital-first future of business that simply can't be achieved using legacy approaches to security and networking," commented Sanjay Beri, Netskope’s CEO and co-founder. The SASE company now has a post-money valuation of $7.5 billion.
Major existing Netskope investors such as Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures and Geodesic Capital also participated in this funding. Netskope announced on Friday that the company closed a new $300 million investment round led by existing investor ICONIQ Growth.
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