# Fetchr

> Last-mile delivery solutions for MENA

## Facts

- **Sector:** Logistics
- **Founded:** 2012
- **Total funding raised:** $77M
- **Status:** Closed
- **Headquarters:** Dubai
- **Employees:** 0
- **Website:** https://fetchr.us
- **Verified (claimed by company):** No

## About

Fetchr was a Dubai-based GPS-powered delivery startup that raised $77M and was once valued at $300M. A disputed $100M Saudi tax bill led to insolvency, mass layoffs of 1,230+ employees, and eventual closure. A cautionary tale for the MENA ecosystem.

## Funding rounds

- 2017-01-01 — $41M Series B

## Team

- Idriss Al Rifai — Founder & CEO


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Source: DXBStart — the working index of the UAE startup ecosystem. Canonical page: https://www.dxbstart.com/company/fetchr
More machine-readable resources: https://www.dxbstart.com/llms.txt
Startups can request a listing at https://www.dxbstart.com/submit — free, editorially reviewed.