Fetch Rewards, the Madison-based consumer loyalty and retail awards app, announced it has raised $210 million in Series D financing at a valuation greater than $1 billion, placing the company “squarely in unicorn territory,” according to a spokesperson.

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Today's Fast Five Wed, 07 Apr 2021
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Hello Omni Talk Fans. The fourth edition of our startup newsletter is here. Special thanks again to Omni Talk Contributor Matt Bowen and the great people at Signifyd for helping us to put this week's edition together for you.

Signifyd is holding its upcoming Flow Summit on April 22nd. It is the perfect conference to get a crash course on all the trends impacting direct-to-consumer commerce. You can register via the button below:

Register for Signifyd Flow Summit

Overall we saw massive valuations all around these past few weeks, with plenty of noise from Masayoshi Son and SoftBank and some escalating bets in key spaces we have been tracking.

Here were the Fast Five trends and startups making headlines:

  • Loyalty: Fetch Rewards indeed grew its unicorn horn, securing a +$1 billion valuation from the likes of SoftBank and others (Read More)
  • Outlet E-Commerce: Otrium, another company on Omni Talk's Watch List for sometime now, raised an additional $120 million in Series C funding to take on the U.S. outlet market (Read More)
  • Ultra-Fast Delivery: Not to be outdone, Getir, a super fast delivery company out of Turkey with plans to expand in Europe, secured $300 million and a valuation of $2.6 billion in its latest Series C round (Read More)
  • Social Commerce: Meesho laid claim to its own $2.1 billion valuation round, again led by SoftBank, to allow small businesses to succeed online in India (Read More)
  • Cross-Border Commerce: Productsup, out of Berlin, grabbed an additional $20 million to help companies localize their digital ads in multiple foreign languages (Read More)

Plus, be sure to check out the other cool sh*t that caught our eyes and got our minds going, like:

  • Fully automated 3-D (Read More)
  • A new physical store powered by Farfetch (Read More)
  • Amazon Go coming to the Boston Garden (Read More)
  • And the mobile app that helps you to discover the tax write-offs you may have been missing (Read More)

Be careful out there,

— Chris, Anne, and the entire Omni Talk team

P.S. Given how many of you enjoyed our conversation with the RFID Sherpas back in January, we looked to see what else we could send your way on the topic of RFID.

Our friends at Detego and Spencer Technologies are holding a free one-hour session in a few weeks on all the use cases surrounding RFID within the new normal of apparel retailing.

It promises to be a great primer for anyone trying to figure out how to get an RFID implementation off the ground. You can register via the link below.

How to start your RFID journey
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Fetch Rewards, the Madison-based consumer loyalty and retail awards app, announced it has raised $210 million in Series D financing at a valuation greater than $1 billion, placing the company “squarely in...
Amsterdam-based Otrium has raised $120 million in a fresh round of funding co-led by BOND and Index Ventures, and saw follow-on investment from Eight Roads Ventures. The series C round is expected to...
Meesho said on Monday it has raised $300 million in a new financing round led by SoftBank Vision Fund 2 as the Indian social commerce startup works to become the “single ecosystem that will enable all small...
Istanbul-based Getir have revolutionized the grocery delivery sector and its new valuation of $2.6bn means that it has achieved ‘unicorn’ status in just 5 and a half years. The...
Berlin-based e-commerce data integration company, Productsup, has raised $20 million in funding led by Nordwind Capital and Deutsche Handelsbank. This brings its total funding to date to $45 million.  It will...
Editors: Chris Walton & Anne Mezzenga

Chris Walton and Anne Mezzenga are leading experts and influencers in omnichannel retailing. Connect with Chris and Anne on Linkedin.

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