Fundraising Fox

Fetii

YC S22

Austin, US · Founded 2020 · Delaware corporation · 50 employees · 4 known investors

Fetii provides group transportation using large-capacity vehicles that users can book through an AI platform, offering an alternative to traditional charter services for moving multiple people at once.

Also known as Fetii Inc.

AI & Machine LearningConsumerMobility & TransportationArtificial IntelligenceTransportationUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S22)

Fetii was founded in 2020 by Matthew Iommi and Justin Rath.

MIMatthew Iommi
Matthew IommiinCo-Founder & CEOMatthew Iommi is co-founder and CEO of Fetii, a group rideshare platform operating 15-passenger vans for organizations and commuters. He holds a degree in economics and business from Texas A&M University.
JRJustin Rath
Justin RathinCo-Founder & CTOJustin Rath is co-founder and CTO at Fetii, where he works on a group transportation platform.

Board

BM
Bryan MenellBoard director

Investors · 4

Y CombinatorSan Francisco · $500K
Capital FactoryreportedAustin
Goodwater CapitalreportedBurlingame · $5M – $50M
Radical Investmentsreported

Funding

SEC filings, press & company announcements

$11.8M disclosed across 2 of 3 rounds · 2024–2025

▶$4.5MraisedApr 2024 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew IommiExecutive Officer, Director
  • Bryan MenellDirector
  • Justin RathExecutive Officer, Director
Offering amount
$4.5M
Amount sold
$4.5M
First sale
Mar 2024
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap
DOmedia28 shared keywordsDOmedia provides cloud-based software that connects buyers and sellers in the out-of-home advertising market, enabling agencies, media vendors, and local advertisers to efficiently purchase, manage, and sell billboard and transit advertising inventory.

Companies competing with Fetii for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Mark Cuban invests $7.35M in Texas-based rideshare company Fetii | wfaa.comwfaa.com · Feb 2025Group Rideshare Company Fetii Lands Investment Led By Mark Cubanforbes.com · Feb 2025Mark Cuban helps fund Austin startup Fetii - Austin Business Journalbizjournals.com · Feb 2025Fetii’s group rideshare app for young people attracts funding from Mark Cuban, YC | TechCrunchtechcrunch.com · Feb 2025Fetii To Showcase at Y Combinator S22 Demo Dayaustinstartups.com · Sep 2022Fetii’s Matthew Iommi Nominated for Best CEO Award From Austin Business Journalaustinstartups.com · Aug 2022🚐 Fetii: Group Rideshare (Charter Transportation + Rideshare Tech)ycombinator.com · Jun 2022Austin company joins Y Combinatorbizjournals.com · Jun 2022

Frequently asked questions

What does Fetii do?
Fetii provides group transportation using large-capacity vehicles that users can book through an AI platform, offering an alternative to traditional charter services for moving multiple people at once.
Who founded Fetii?
Fetii was founded by Matthew Iommi, Justin Rath in 2020.
Who are Fetii's investors?
Fetii's investors include Y Combinator, Capital Factory, Goodwater Capital, Radical Investments.
How much funding has Fetii raised?
Fetii has disclosed $11.8M raised across 2 of its 3 known rounds.
Where is Fetii headquartered?
Fetii is headquartered in Austin, US.