Fetchr just got $11M to take conventional mail to United Arab Emirates

▤ Summary

New Enterprise Associates led the round, and Fetchr says it is the “largest investment of U.S.-based venture funds in the Middle East for a Series A.” Triple Point Capital, Ben Narasin, Delta Partners, Dhabi Holdings, among others, also backed the round. Turns out, many places in the world lack a street address, which prevents most people from receiving deliveries like online orders, letters, and (of course) junk mail. Instead, people have to travel to their nearest post office to pick that stuff up. Dubai-based Fetchr works by allowing you to use your phone’s GPS to set your location. From there, the startup handles delivery and pickup of just about “anything,” from mail to packages and even furniture.

$ Funding

▦ Linked Companies

Algosys

$100M to $250M