About Fetii
Fetii is a company based in Auburn (United States) founded in 2008 by Matthew Iommi and Justin Rath.. Fetii has raised $7.74 million across 3 funding rounds from investors including Mark Cuban, Y Combinator and Goodwater Capital. Fetii operates in a competitive market with competitors including Circuit, Bridj, Beep, Freebee and CharterUP, among others.
- Headquarter Auburn, United States
- Founders Matthew Iommi, Justin Rath
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Sectors
Transportation, Automotive & Logistics
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Email
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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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Total Equity Funding
$7.74 M (USD)
in 3 rounds
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Latest Funding Round
$7.35 M (USD), Seed
Feb 18, 2025
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Investors
Y Combinator
& 2 more
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Employee Count
Employee Count
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Leadership Team
3 people
Product Management Team
2 people
Software Development Team
1 people
Co Team
1 people
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Funding Insights of Fetii
Fetii has successfully raised a total of $7.74M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $7.35 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $7.3M
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First Round
First Round
(04 Mar 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Seed - Fetii | Valuation | Mark Cuban | |
| Jun, 2022 | Amount | Seed - Fetii | Valuation | Y Combinator |
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| Mar, 2022 | Amount | Seed - Fetii | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Fetii
Fetii has secured backing from 3 investors, including angel and venture fund investors. Prominent investors backing the company include Mark Cuban, Y Combinator and Goodwater 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Investments in consumer tech sectors are managed by Goodwater Capital.
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Founded Year | Domain | Location | |
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MC
Mark Cuban |
American billionaire, angel investor, Shark Tank star, and Dallas Mavericks owner
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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 Fetii
| 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 |
Financial Statements - Fetii
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Fetii Comparisons
Competitors of Fetii
Fetii operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Circuit, Bridj, Beep, Freebee and CharterUP, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An app-based platform for electric vehicle shuttle services is operated.
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| domain | founded_year | HQ Location |
Shuttle transportation is booked via an online platform.
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| domain | founded_year | HQ Location |
Intracity autonomous shuttles are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App-based platform for shuttle services via electric vehicles
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| domain | founded_year | HQ Location |
Charter bus marketplace connecting clients with operators for event bookings.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Fetii
Frequently Asked Questions about Fetii
When was Fetii founded?
Fetii was founded in 2008 and raised its 1st funding round 14 years after it was founded.
Where is Fetii located?
Fetii is headquartered in Auburn, United States. It is registered at Auburn, Alabama, United States.
Who is the current CEO of Fetii?
Matthew Iommi is the current CEO of Fetii. They have also founded this company.
Is Fetii a funded company?
Fetii is a funded company, having raised a total of $7.74M across 3 funding rounds to date. The company's 1st funding round was a Seed of $261.59K, raised on Mar 04, 2022.
What does Fetii do?
Fetii was founded in 2008 in Auburn, United States, as an app-based platform in the transportation sector. Rides are located and reserved through the app, with user inputs including location and passenger details. Services encompass business shuttles, airport transfers, and health care transport. Operations focus on facilitating efficient booking processes across these areas.
Who are Fetii's investors?
Fetii has 3 investors. Key investors include Mark Cuban, Y Combinator, and Goodwater Capital.
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