Madison tech firm Fetch lands $50M financing deal after reaching profitability

The Madison-based company behind the shopping rewards app Fetch has raised $50 million in debt financing after reaching profitability.

Fetch intends to use the cash infusion to accelerate a year of aggressive growth through product innovation, the development of its proprietary artificial intelligence technology, growing the app’s user base, and hiring, Fetch announced earlier this month.

Read more here: https://www.bizjournals.com/milwaukee/inno/stories/news/2024/03/26/madison-tech-firm-fetch-secures-50m.html