What is Fetch?
Fetch Package operates as an off-site package management and last-mile delivery platform, headquartered in Austin, Texas. Established in 2016, the company provides comprehensive package solutions tailored for multifamily apartment communities and student housing properties. Fetch addresses the logistical challenges of package management by utilizing off-site warehouse facilities to receive and store resident packages, coordinating direct-to-door delivery via a mobile app. This model alleviates the burden on property management teams and offers residents convenience through customizable delivery windows. The company has a substantial operational footprint, serving over 1,100 communities across more than 25 major U.S. markets and has managed the delivery of nearly 40 million packages. Fetch also offers ancillary services such as Fetch Storage, Fetch Market for essential goods, and trash valet services, positioning itself as a holistic amenity provider for residential properties.
How much funding has Fetch raised?
Fetch has raised a total of $82.5M across 5 funding rounds:
Angel/Seed
$3M
Series A
$10.5M
Debt
$1M
Series B
$18M
Series C
$50M
Angel/Seed (2018): $3M, investors not publicly disclosed
Series A (2019): $10.5M led by Silverton Partners, vSpring Capital, and Capital Factory companies
Debt (2020): $1M supported by PPP
Series B (2020): $18M featuring Seamless, vSpring Capital, Iron Gate Capital LLC, Pando Ventures GmbH, Venn Ventures, and Silverton Partners
Series C (2021): $50M backed by Green Point Partners, Ocelot Capital Management, and Alpaca VC
Key Investors in Fetch
Green Point Partners
Green Point Partners is an advisory firm that assists clients with working capital and investments, primarily operating on the East Coast of the U.S. with a focus on New York and Miami.
Ocelot Capital Management
Ocelot Capital is an Austin-based investment firm focused on high-growth companies, with a thematic emphasis on the supply chain and logistics ecosystem, employing strategies in control equity, venture capital, and public market solutions.
Silverton Partners
Silverton Partners is a leading early-stage venture capital firm based in Austin, Texas, specializing in technology-driven companies and recognized as the most active venture capital firm in Texas.
What's next for Fetch?
With its recent major strategic investment and a history of substantial capital raises, Fetch is poised for continued scaling and operational enhancement. The company's focus on optimizing last-mile delivery and package management within the multi-family and student housing sectors aligns with growing demands for convenience and efficient logistics. Future strategic initiatives are likely to involve expanding its market reach, further developing its technology platform for enhanced user experience, and potentially integrating additional smart-building or resident amenity services. The company's progress towards profitability suggests a sustainable growth model, with ongoing investment likely to support market penetration and service diversification.
See full Fetch company page
