Madison-based rewards app Fetch on Tuesday announced $110M in new financing from Morgan Stanley Private Credit, expanding the debt facility secured in March 2024.
The capital provides Fetch with additional resources to accelerate growth, advance its proprietary AI and machine learning capabilities and continue scaling its platform.
Additionally, Fetch announced its new Fetch AI Semantic Technology platform, which combines natural-language artificial intelligence with household purchase data.
FAST aims to accelerate data-driven decision making. The platform, powered by OpenAI, will launch in beta in the fourth quarter of 2025.
