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Austin-based Fetii Inc. raised $7.35 million in a seed funding round led by Mark Cuban to expand into new markets and scale technology.

Feb 18, 202510 months ago

Amount Raised

$7.35 Million

Round Type

seed

AustinInformation Technology

Investors

Goldwater CapitalY CombinatorMark Cuban

Description

Fetii, a group ride-sharing startup, has secured a $7.35 million seed round led by Mark Cuban. The funding will support its expansion into several new markets and enhance its technology as the platform grows.

Company Information

Company

Fetii

Location

701 BRAZOS ST

Austin, Texas, United States

About

Fetii Inc. is a shared mobility company that provides on-demand group ridesharing and commuting solutions for groups and businesses in order to reduce emissions and decrease congestion.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers