Fundz

Fastaf Closes Series A Funding At $200 Million Valuation

PRIVATEDec 08, 2021

Round Type

Series A

San Francisco

Description

FastAF Technologies, Inc. (FastAF), the premiere quick commerce retailer for products and brands that help people live better, today announced the close of its Series A investment round that values the company at $200 million. Investors in this round include Luxor Capital, Interlace Ventures, EQT Ventures, PivotNorth Capital, Daversa Partners, former Benchmark venture partner and current Adobe CPO Scott Belskey, founder and CEO of global ad agency RG/A Bob Greenberg and former NBA star Baron Davis.

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Company Information

Company

Fastaf Technologies

Location

San Francisco, California, United States

About

FastAF Technologies, Inc. (FastAF) is the premier quick commerce retailer for instant access to a highly curated list of premium products from exclusive brands -- delivered to customers in minutes. Launched in 2020 by founder and CEO Lee Hnetinka, FastAF and its tech-forward approach has rapidly become the preferred choice for shoppers who value speed and on-trend products from brands that help them live better. FastAF has thoughtfully partnered with more than 600 national and local retailers and currently operates in the San Francisco Bay Area, Los Angeles and New York, with more markets opening soon. FastAF and Darkstore are backed by leading venture capital firms, and angel investors including PivotNorth Capital, Cota Capital, EQT Ventures, R/GA Ventures, Village Global, Luxor Capital, Interlace Ventures, Scott Belsky, Gokul Rajaram, Gary Fritz and Bob Greenberg. Visit FastAF.com to learn more, and follow FastAF on Facebook, Twitter and Instagram. Download the FastAF app for iOS in the App store. Media contact: Hannah Woodard, press@fastaf.com SOURCE FastAF Technologies, Inc.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Fastaf Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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