Fast has received a new round of funding from backers including Stripe.
The startup plans to use the $102 million in new funding to expand its staff and products to encompass subscriptions and one-click online media purchases.
The San Francisco-based company launched last year after Domm Holland, Fast’s cofounder, watched his wife’s grandmother struggle to buy groceries online.
The Fast Checkout solution went live in September 2020 on the e-commerce platforms WooCommerce and BigCommerce, and along with Stripe it’s drawn funding support from Addition, Index Ventures, Susa Ventures, Sugar Capital and Jaren Clover, according to a Tuesday press release.
Fast, which had only two employees at the beginning of last year, now has a staff of 90 with plans to expand to 200 employees by the end of this year, the release said.
Fast Checkout enables enrolled users to check out instantly without entering a password or other account information.
