About FAST Group
FAST Group is a company based in Long Beach (United States) founded in 1965. It operates as a Managed Services, and Direct-to-Consumer (D2C). FAST Group has completed 1 acquisition, including CIPS Marketing Group. FAST Group offers products and services including E-commerce Shipping Solutions, First-Mile Pickup, and Enterprise Logistics.
- Headquarter Long Beach, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of FAST Group
FAST Group offers a comprehensive portfolio of products and services, including E-commerce Shipping Solutions, First-Mile Pickup, and Enterprise Logistics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Comprehensive shipping services are provided for e-commerce businesses.
Specialized pickup services are offered for parcel delivery.
Enterprise-grade logistics infrastructure is delivered for large clients.
Funding Insights of FAST Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2017 | Amount | Debt – Conventional - FAST Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FAST Group
FAST Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Chatham Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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PE firm invests in North America
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FAST Group
FAST Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CIPS Marketing Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Publisher of alternate newspapers
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1972 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - FAST Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fast Group Comparisons
Competitors of FAST Group
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about FAST Group
When was FAST Group founded?
FAST Group was founded in 1965 and raised its 1st funding round 52 years after it was founded.
Where is FAST Group located?
FAST Group is headquartered in Long Beach, United States. It is registered at Long Beach, California, United States.
Who is the current CEO of FAST Group?
Keith Somers is the current CEO of FAST Group.
What does FAST Group do?
A dynamic logistics ecosystem is created by the merger of FirstMile, ACI Logistix, and Sendle under FAST Group. The group is focused on providing comprehensive e-commerce shipping solutions for businesses of all sizes, from small enterprises to international brands. Services are offered across various sectors, including first-mile pickup, enterprise-grade logistics, and small business parcel delivery. Operations are supported by advanced technology and infrastructure in multiple countries, including the United States, Australia, Canada, India, and the Philippines. Customer support and marketplace integrations are emphasized to enhance service delivery.
What products or services does FAST Group offer?
FAST Group offers E-commerce Shipping Solutions, First-Mile Pickup, and Enterprise Logistics.
How many acquisitions has FAST Group made?
FAST Group has made 1 acquisition, including CIPS Marketing Group.
Who are FAST Group's investors?
FAST Group has 1 investor. Key investors include Chatham Capital.