Fetchr Secures $11M for Gps-based Shipping Solution
The Dubai-based pickup and delivery company Fetchr has closed a Series A funding round led by the Us-based New Enterprise Associates, and secured $11 million to expand in the region. Fetchr’s revolutionary new app combines its easy shipping and delivery model with GPS localization to make up for the absence of postal addresses. The app proposes an ultra-simple and engaging UX. If you have to ship something, you simply take a picture of the item. The company picks it up at your location and even packs it for you on site before taking it to delivery (like the Us-based Shyp). If you order something online, the Fetchr service drops it off wherever and whenever you tell it to (like Parcel). Users simply pinpoint their location via GPS on their mobile phone, and the company handles deliveries and pickups from there. Idriss Al Rifai, founder and CEO, said they will be present in Saudi Arabia in the next month, and the company is scheduled to enter the Qatari and Kuwaiti markets in September. He said they plan to be able to ship to any country in the region in the next few months.