Fetch Rewards Secures $240 Million in Funding Led by Hamilton Lane, Softbank
Fetch Claimed Company
Fetch is a mobile shopping platform that rewards shoppers for buying the brands they love. The Fetch app gives users the easiest way to save on everyday purchases by simply scanning their receipt. For our brand partners, the platform allows them to understand a 360 degree view of shopping habits, and to meaningfully reward a customer's individual loyalty. read more
Fetch Company Culture
Fetch Culture
This score is derived from employee ratings & reviewsChoice Employer
A+
4.9/5
Top Rated Culture Dimensions
CEO Rating
A+Compensation
A+Executive Team
A+Happiness
A+Leadership
A+Fetch CEO
Top 5%Top 5% of Similar Size Companies on Comparably
Wes Schroll
93 /100
See More
Diversity at Fetch
Top 10%Top 10% of Similar Size Companies on Comparably
A
Diverse employees at Fetch have rated CEO Rating, Team, and Leadership as the highest categories they have scored
Women at Fetch
Top 20%Top 20% of Similar Size Companies on Comparably
B+
Women at Fetch have rated CEO Rating, Leadership, and Team as the highest categories they have scored
Fetch eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Top 5%Top 5% of Similar Size Companies on Comparably
Recommend to a Friend?
62
Fetch employees are 62% more likely to recommend Fetch as a great place to work
| 73% | Promoters |
|---|---|
| 16% | Passives |
| 11% | Detractors |
Fetch Company News
Fetch Focus: Intended Offers, Intended Results
September 9th, 2022September 8th, 2022September 10th, 2022
https://www.youtube.com/watch?v=zV0VM1HmzL4
Wes Schroll, CEO and Founder of Fetch Rewards, joins Cheddar News' Closing Bell
April 22nd, 2022April 21st, 2022April 23rd, 2022
Wes Schroll, CEO and Founder of Fetch Rewards, joins Cheddar News' Closing Bell, where he explains how his company is helping save shoppers money and discusses how he plans to grow the company with $240 million in new funding.
https://cheddar.com/media/fetch-rewards-connects-consumers-to-retailers-raises-240-million-in-new-funding
Fetch Rewards Connects Consumers to Retailers, Raises $240 Million in New Funding
Wes Schroll, CEO and Founder of Fetch Rewards, joins Cheddar News' Closing Bell, where he explains how his company is helping save shoppers money and discusses how he plans to grow the company with $240 million in new funding.
Fetch Rewards Partners with Sargento
April 22nd, 2022April 21st, 2022April 23rd, 2022
https://www.news-journal.com/fetch-rewards-partners-with-sargento-following-positive-results-from-top-rated-rewards-apps-user-base/article_50a66687-29b1-581e-8732-c2b6765316bb.html
NielsenIQ Strategic Investment in Fetch Rewards, Leading Consumer Rewards App
April 22nd, 2022April 21st, 2022April 23rd, 2022
https://nielseniq.com/global/en/news-center/2022/nielseniq-announces-strategic-investment-in-fetch-rewards-the-nations-leading-consumer-rewards-app/
NielsenIQ announces strategic investment in Fetch Rewards, the nation’s leading consumer rewards app
NielsenIQ has made a strategic investment in Fetch Rewards, the leading mobile consumer rewards app in the U.S.
Reuters features recent Softbank-backed funding round for Fetch Rewards
April 7th, 2022April 6th, 2022April 8th, 2022
https://www.reuters.com/technology/softbank-backed-fetch-rewards-raises-240-mln-funding-round-2022-04-07/
SoftBank-backed Fetch Rewards raises $240 mln in funding round
Fetch Rewards, a shopping rewards app backed by SoftBank Group Group's Vision Fund 2, has raised $240 million in a funding round that valued the company at more than $2.5 billion, Chief Executive Officer Wes Schroll told Reuters on Wednesday.
Working at Fetch
Working at Fetch is rated highly by 290 employees, across various culture dimensions. Fetch employees are most satisfied about CEO Rating, Compensation, and Executive Team categories, putting Fetch’s culture in the Top 5% compared to similar sized companies on Comparably and in the Top 5% compared to other companies in Chicago. See below in detail how working at Fetch was rated by employees.
Overall Company Culture at Fetch
A+
Overall Company Culture at Fetch is rated A+
Last updated months ago
Top
5%
Fetch ranks in the Top 5% of other companies on Comparably with 501-1,000 Employees for Overall Company Culture Score
Fetch Employee Reviews
Out of 1032 Fetch employee reviews, 94% were positive. The remaining 6% were constructive reviews with the goal of helping Fetch improve their work culture.
| Positive Reviews | 94% |
|---|---|
| Constructive Feedback | 6% |
Positive Reviews From Fetch Employees
- What are some of the best things about your team?My coworkers are fantastic - everyone is willing to help out and answer questions. People take the time to walk through processes and make themselves available when you need them. My coworkers are smart and driven, great team to be on.
- What is the best part about your compensation package?Fetch provides amazing benefits for their employees: industry best PTO, wellness classes, continuing education options, stock options and a full range of health insurance benefits.
- What do you like best about the leadership team?My favorite thing about the leadership team is their forward-thinking approach and focus on building and retaining a diverse team.
Constructive Feedback From Fetch Employees
- Why do you feel undervalued and what would make you feel better about your compensation?I would appreciate more communication on how success is measured and how/when we should ask for increased compensation.
Fetch Company Information
Fetch Company Overview
Fetch is a mobile shopping platform that rewards shoppers for buying the brands they love. The Fetch app gives users the easiest way to save on everyday purchases by simply scanning their receipt. For our brand partners, the platform allows them to understand a 360 degree view of shopping habits, and to meaningfully reward a customer's individual loyalty.
Fetch was founded in 2013 and its current CEO is Wes Schroll. Since its inception 13 years ago, Fetch has grown to 830 employees.
Fetch Mission, Vision & Values
Fetch Mission Statement
Every month, millions of Fetch app users are rewarded for buying brands they love and discovering new favorites. From the grocery aisle to the drive-through, Fetch makes saving money fun by turning receipts into rewards, and that’s why we frequently top app-store rankings. It’s not just our users who believe in Fetch’s growth: with SoftBank, Univision, and Hamilton Lane investing, and partners ranging from challenger brands to the Fortune 500, we are bringing consumers and brands together in a way that excites the marketplace.
Fetch Values
- Speed - Engineers ship code on day 1. Moving fast is our suit of armor, and our spear. If process slows us down, we find a better way.
- Trust - 800+ employees spanning remote, shared spaces, and big offices. Managers who despise micro-managing. Day 1 Admin Rights.
- Action - Autonomous Packs that own idea generation & execution. Lean into risk & aspire to be awesome. You drive decisions for your business.
- Diversity - Each new hire brings diverse thought & builds talent density. Monthly, engaging DEI curriculum. A friendly, full-time Inclusion Specialist
| Website | fetch.com/ |
|---|---|
| Founding Date | 2013 |
| Company Status | Private |
| Jobs | fetch.com/careers |
| Social Sites | |
| Headquarters | |
| Chicago HQ | 300 S Riverside Plaza Chicago, IL 60661 United States of America |
| New York City HQ | 712 5th Ave New York City, NY 10019 United States of America |
| Madison HQ | 1050 E Washington Ave Madison, WI 53703 United States of America |
| Bridgeport HQ | 130 Elm Street Bridgeport, CT 06604 United States of America |
| Boston HQ | One Beacon Street Boston, MA 02108 United States of America |
| Birmingham HQ | 1616 2nd Ave S Birmingham, AL 35233 United States of America |
Fetch Rewards Birmingham Office Sign Goes Up!
In a Snap! Fetch Rewards in Conversation With Doug Martin of General Mills
Fetch Focus: Right-sizing the Offer
How to Earn Points!
CEO & Founder Wes Schroll in "Readin' the Receipts: Gameday Faves"
Fetch Focus: Connecting Brands Directly to Consumers
As David Berk puts it, “Coupons have the precision of a cluster bomb.” Fetch Rewards’ Group President, Product & Technology was recently joined by other senior leaders to discuss the limitations of traditional retail promotions. Learn more about Fetch for Business at https://partners.fetchrewards.com/
Check out #FetchFocus. Fetch Rewards is launching a new B2B content series called Fetch Focus that features our people from the Fetch Fam and subject matter experts discussing consumer, category, and retailer perspectives that are challenging the status quo for the better. The first roundtable discussion brings together a diverse group from our leadership team – Wes Schroll, Founder & CEO, Pat Burke, Chief Revenue Officer, David Berk, Group President of Product & Technology, and Nupur Sadiwala, Chief Financial Officer – to talk about the history, the future, and the facts of determining an accurate ROI.
Talent at Fetch Rewards! P.S. We're now past 10 million active users :)
Fetch Employees
Fetch has 830 employees in 6 locations. 290 employees at Fetch have reviewed Fetch across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 290 Fetch employees give their leadership a grade of A+, or Top 5% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at Fetch are extremely happy with their total compensation at Fetch, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at Fetch are extremely happy with their team. 290 Participants grade the quality of their coworkers an A+. The majority believe the meetings at Fetch are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at Fetch believe the environment at Fetch is positive. Most Participants believe the pace of work at Fetch is comfortably fast. About 69% of the employees at Fetch work 8 hours or less, while 1% of them have an extremely long day - longer than twelve hours.
Overall, the employees at Fetch are extremely happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
A Day in the Life
A Day in the Life
Fetch employees generally work 8.7 hrs a day
Work Hours
A Day in the Life
Employees at Fetch report the work pace is comfortably fast
Work Pace
A Day in the Life
94% of Fetch employees look forward to interacting with their team every day
Coworkers
A Day in the Life
Fetch employees most often take unlimited paid vacation and sick days each year
Perks & Benefits
A Day in the Life
88% of Fetch employees report they are happy with their work life balance
Work Life Balance
A Day in the Life
Fetch employees typically get valuable feedback on how to improve at work Every Week
Feedback
A Day in the Life
96% of Fetch employees call their work environment positive
Environment
Joining Fetch - Employee Onboarding
The prevailing opinion from employees about joining Fetch is that the company was somewhat prepared on their first day. Fetch employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
Fetch KPIs and OKRs
At Fetch 100% of employees think their department KPIs and OKRs are clear. Employees’ understanding of Fetch's KPIs and OKRs is essential for its success. Out of 273 Fetch employees who’ve answered, “Are your company’s goals clear and are you invested in them?” 255 have said yes.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
Fetch CEO & Leadership
93 /100
Fetch CEO Awards and Recognitions
Fetch’s CEO Wes Schroll started in this role in 2013. Wes’s approval rate is in the Top 5% of all CEOs of similar-sized companies on Comparably, and in the Top 5% compared to the CEOs of all other companies in Chicago. With a high CEO score, Wes Schroll has won the Best CEOs for Women in 2022. In addition, Wes has garnered Best CEOs for Diversity in 2021 specifically for Diversity, making Fetch’s CEO one of the top rated CEOs by diverse employees. Fetch’s CEO is highly regarded especially by employees in the Customer Support department, employees with Entry Level experience, and employees in the Operations department. However, Non-Binary employees, employees in the Design department, and employees in the Customer Success department have a less favorable view of the CEO and believe there is room for improvement. Compared to Fetch’s competitors, Wes Schroll ranks right above Rakuten CEO Hiroshi Mikitani. Under Schroll’s leadership, Fetch employee respondents are most happy about their Compensation and the company’s Executive Team. Gender and Professional Development are two areas, according to respondents, where Fetch could stand to see real improvement.
Fetch Leadership
The Fetch Executive Team is rated an “A+” and led by CEO Wes Schroll, Chief Marketing Officer Birk Cooper, and Co-Founder / VP - Operations Tyler Kennedy
Wes Schroll CEO / President
Founder and CEO of Fetch Rewards. When starting Fetch, Wes was often told that the space was too large to tackle, too... read more
Birk Cooper Chief Marketing Officer
Birk Cooper serves as the Chief Marketing Officer of Fetch.
Tyler Kennedy Co-Founder / VP - Operations
Tyler Kennedy serves as the Co-Founder / VP - Operations of Fetch.
Anurag Sachdev VP of Data Science and Analytics
Anurag Sachdev serves as the VP of Data Science and Analytics of Fetch.
Mayur Shah VP of Business Intelligence
Mayur Shah serves as the VP of Business Intelligence of Fetch Rewards, Inc.. Mayur currently resides in the Greater... read more
Mike Kent President & Chief Operating Officer
Mike Kent serves as the President & Chief Operating Officer of Fetch.
David Berk Chief Technology Officer
David Berk serves as the Chief Technology Officer of Fetch.
Pat Burke Chief Revenue Officer
Pat Burke serves as the Chief Revenue Officer of Fetch.
Jason Marker Chief Growth Officer
Jason Marker serves as the Chief Growth Officer of Fetch.
Diversity & Inclusion at Fetch
Diverse employees at Fetch score the company 85/100 across various culture categories, placing Fetch in the Top 10% of companies on Comparably with 501-1,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at Fetch across various culture dimensions.
Diversity, Equity, Inclusion, and Belonging are key areas of focus for Fetch as we grow. As we build a more DEIB-focused organization it is every one of our jobs to become more inclusive in our thoughts, speech, decisions and actions. ,,Our objective is for people of all identities to be included and represented across our organization. We practice inclusion and representation by amplifying voices, creating and maintaining respectful relationships, and cultivating an equitable workplace and community for all. To accomplish this objective, we've implemented New Hire INCLUSION orientation on day one. ,,"My personal belief is that when a company leads with INCLUSION first, then Diversity, Equity, and Belonging will organically grow. This is what we are creating at Fetch - a CANVAS of INCLUSION. You get to help paint on this canvas." Shonita Torry SHRM-CP, DEIB Specialist,,Ask us about our Employee Resource Groups:,Amplify LGBTQ+,Amplify BIPOC,Amplify Family,Amplify Women,Amplify Veterans
Ranked Culture the Highest
Ranked Culture the Lowest
Fetch Perks & Benefits
Stock Options 401k + Match Education Reimbursement Flexible PTO Permanent, Fully Remote Flexible + Laptop / Equipment Medical/Dental/Vision Wellness Program Internal Employee Rewards or "Tacos" (reimbursed for Flight discounts, gift cards, membership discounts, etc.) Growth trajectory
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
- Maternity / Paternity Leave
Financial Benefits
- 401K / Retirement Plan
- Tuition Reimbursement
- Employee Stock Purchase Plan
Office Perks
- Free Food
- Pet-Friendly
- Company Social Outings
- Work From Home Policy
- Unique Office Space
Fetch PTO
Fetch's PTO and Vacation policy typically gives unlimited days off a year. Fetch's benefits and PTO Package averages to represent a $500 -$1000 cash value per month.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
Frequently Asked Questions regarding Fetch
What is Fetch address?
Fetch location is at 300 S Riverside Plaza
Who is the CEO of Fetch?
Fetch CEO is Wes Schroll, their score by employees is 93
What is Fetch eNPS?
The eNPS for Fetch is 62
How many employees work in Fetch?
Fetch has 830 employees
Who are Fetch competitors?
Fetch main competitors are Honey, Ibotta, Rakuten, Shopkick
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