A mobile advertising network &a; bidding exchange for geo-delivered rewards to tourists
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: San Francisco
State: California
Zip:
Country: United States
Fetch It is a mobile technology platform utilizing a patent-pending geo-location trigger for delivering high-value, localized content (phase 1 - completed) along with rewards &a; incentives to 1 billion tourists and locals (phase 2 - in development). The app is on iTunes (http://bit.ly/fetchitapp) and Google Play (http://bit.ly/fetchitapp2). Vision: The mass creation of high-value travel content by enterprise customers on a publisher ad network with a real-time bidding exchange. Pain Point: Mobile ads are inefficient and ineffective because they rarely present brands or their offers at the right time, right moment or right place. Solution: Fetch It ‘releases’ (for viewing) geo-targeted incentives at the most actionable viewing location combined with highly correlative content - thus increasing brand recall and reward redemption. Market Validation: Kiip.com, with $15MM of VC backing, has proven massive reward conversions: 500MM monthly incentives served and a 10% redemption rate.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2013 | Series A | 2 | $2.4M |
Chris Kelly Syncom Venture Partners Chris Kelly Syncom Venture Partners |
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