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Fetchr

Fetchr

Fetchr is an international express, mail delivery and logistics services company, operating an app-based on-demand delivery service model based in Dubai.

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Contents

fetchr.us
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Supply chain management
Supply chain management
Technology
Technology
‌
Delivery Service
Logistics
Logistics
E-commerce
E-commerce
Information technology
Information technology
Location
Dubai
Dubai
Emirate of Dubai
Emirate of Dubai
B2X
B2B
B2B
Founder
‌
Idriss Al Rifai
‌
Joy Ajlouny
AngelList URL
angel.co/fetchr-1
Legal Name
MENA 360 DWC-LLC
Number of Employees (Ranges)
1,001 – 5,000
Email Address
info@fetchr.us
Phone Number
+97148879972
Full Address
Dubai South, Dubai, 391282 391282, AE0
Investors
Iliad Partners
Iliad Partners
Raed Ventures
Raed Ventures
Yusuf Bin Ahmed Kanoo
Yusuf Bin Ahmed Kanoo
NEA (New Enterprise Associates)
NEA (New Enterprise Associates)
NGP Capital
NGP Capital
BECO Capital
BECO Capital
Swicorp
Swicorp
500 Global
500 Global
...
Founded Date
2012
0
Total Funding Amount (USD)
41,000,000
Latest Funding Round Date
May 15, 2017
Glassdoor ID
1087487
Key People
‌
Qiuzi Wang
‌
Gunjan Sood
‌
Tariq Sanad
‌
Idriss Al Rifai
‌
Joy Ajlouny
‌
Feras Gadamsi
‌
Arham Khan
‌
Adnan Fakhoury
...
Also Known As
mena360
Latest Funding Type
Series B
Series B
Wellfound ID
fetchr-1
Country
United Arab Emirates (UAE)
United Arab Emirates (UAE)

Other attributes

Company Operating Status
Active
Funding Round Investor
500 Global
500 Global
Latest Funding Round Amount (USD)
41,000,000
Public/Private
Private

Fetchr allows both the community and businesses to send or receive anything, anywhere, in the Middle East. E-commerce retailers can set up a scheduled delivery by simply using a customer’s mobile phone’s GPS co-ordinates, thereby aiming to consistently deliver to the correct location. It also allows individuals to set up a scheduled pick-up of an item they want to ship, through the Fetchr phone app.

As of July 2015, Fetchr is operational in 4 countries (Saudi Arabia, UAE, Egypt & Bahrain) and over 30 cities across the MENA region.

Origins

Fetchr started operating in November of 2012. It was founded by Idriss Al Rifai in September of 2012 who was later joined by Joy Ajlouny in September of 2014. The pair met while Al Rifai was pitching to VCs in Silicon Valley.

Idriss Al Rifai is an entrepreneur who previously worked as a consultant at Boston Consulting Group. Co-founder Joy Ajlouny is a serial entrepreneur whose first startup in Silicon Valley, BONFAIRE, was acquired by Moda Operandi.

Funding

Fetchr secured $52m total in funding as of May 2019. Their series A funding round of $11m was led by New Enterprise Associates in 2015 -- the largest US based venture funds investment in the Middle East for a Series A round. This was followed a few months later with an undisclosed amount led by Mobily Ventures. In 2016, Fetchr raised $41m.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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Author
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No Further Resources data yet.

References

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