Fetch Raises $18 Million in Series B Funding for Continued Expansion

Aug 18, 2020•almost 5 years ago

Amount Raised

$18 Million

Round Type

series b

Austin

Description

Fetch, the first and only off-site package solution for apartment communities, today announced an $18 million Series B round of funding. Signal Peak Ventures, Pando Ventures, and Iron Gate Capital led the round and were joined by existing investors Silverton Partners, Seamless, and Venn Ventures.

Company Information

Company

Fetch

Location

Austin, Texas, United States

About

Fetch was founded in 2016 in Dallas, Texas, and has since expanded across the country to scale with current and new clients. The last-mile package delivery company currently operates in Dallas/Fort Worth, Houston, Austin, San Antonio, Seattle, Denver, Atlanta, Orlando, Tampa, Chicago, Phoenix, Charlotte, Raleigh/Durham, Washington, D.C., Jacksonville and Portland, and will soon be expanding its footprint to Philadelphia, San Francisco and Miami. Fetch accepts deliveries at local Fetch-operated facilities and works directly with residents to schedule door-to-door delivery. The proven system solves the package problem for multifamily properties and provides residents with a convenient and time-saving amenity. With e-commerce growing rapidly, Fetch is a scalable solution for apartment owners and managers struggling to deal with the exponential growth of resident deliveries.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech