Fetii

Fetii

Private
Austin, TexasMobility, Transportation & Logisticshttps://fetii.com

Last Round

Seed

Feb 18, 2025

Total Funding Raised

$12.61M

Momentum Score

50 /100

Company Overview

Fetii Inc. is a technology company that operates a group ridesharing platform, providing on-demand and pre-scheduled transportation for groups using large-capacity vehicles like 15-passenger vans. The company does not own the vehicles but partners with fleet service providers, similar to Amazon's delivery service provider model. Its mobile application features a QR code-based check-in system that allows passengers to split fares seamlessly. Fetii aims to reduce traffic congestion and carbon emissions by consolidating group travel. The company, which is backed by investors including Mark Cuban and Y Combinator, operates in numerous cities across the United States and serves consumers, businesses, and universities.

Sector

Mobility, Transportation & Logistics

Verticals

Ride-Sharing, Fleet Management, Digital Advertising

Business Model

B2C

Customer Profile

Marketplace Commission

AI Layer

Non-AI

Keywords

group ridesharinggroup transportationshuttle servicevan hailingcorporate shuttlesgroup Uberon-demand transportationfare splittingevent transportationridesharing platformemployee transportation15-passenger vansparty bus apptransportation marketplaceQR code check-invehicle wrap advertisingin-ride advertising

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Caplight Momentum Score

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Fetii Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Fetii Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedFeb 18, 2025
SeedMar 22, 2024
AcceleratorJun 1, 2022
SeedMar 4, 2022

Key People

Founding team and executive leadership

Justin Rath

Co-Founder & CTO

Founding Team

Matthew Iommi

Co-Founder & CEO

Founding Team

David Kanady

Head Of Product Design, Chief Operating Officer

Executive Team

Fetii Investors

Notable investors and investment history

InvestorRounds
Goodwater CapitalSeed
Radical InvestmentsSeed
Y CombinatorSeed, Accelerator

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 7, 2026

    Launched operations in South Florida, centered in Miami.

  • Oct 1, 2025

    Platform now used by millions of people.

Fetii Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Fetii Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersAustin, Texas
Employee Range105
Year Founded2020
Last FundingFeb 18, 2025

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