SoftBank-Backed Fetch Rewards Lures Hamilton Lane for Latest Funding Round
Posted on 04/08/2022
Madison Wisconsin-based Fetch Rewards is a U.S. consumer-rewards app. Fetch Rewards raised US$ 240 million in equity and debt in its latest funding round at a valuation greater than US$ 2.5 billion. The round was led by Hamilton Lane (NASDAQ: HLNE) on behalf of clients, with additional investment from Archer Venture Capital, NielsenIQ, TelevisaUnivision, a Yieldstreet fund, and others, along with continued investments from SoftBank Vision Fund 2, ICONIQ Growth (ICONIQ Capital), DST Global, Greycroft, Gaingels, and Headline. This investment brings Fetch Rewards’ total funding to over US$ 500 million.
Keywords: SoftBank Group Corporation.
