Fetch Rewards Raises $240M in Funding

by Taylor Kennedy

Fetch

Fetch Rewards has raised $240 million in equity and debt in its latest funding round at a valuation worth more than $2.5 billion, the company announced today.

“This capital will allow us to accelerate and scale while also focusing on delivering best-in class, real-time control and insights for brands,” Fetch Rewards CEO Wes Schroll said in a statement.

According to a release, the round was led by Hamilton Lane, with additional investments from Archer Venture Capital, NielsenIQ and TelevisaUnivision, among others.

The tech company has now raised more than $500 million in funding.