Fetch, a company specializing in apartment package delivery solutions, has secured $10.5 million in new funding. This capital infusion will support the company's mission to make apartment package delivery convenient, reliable, and enjoyable for both residents and onsite property management teams. The investment underscores confidence in Fetch's model for addressing a growing challenge in multifamily housing.
Fetch operates a last-mile delivery platform designed to scale with the increasing demands of e-commerce. The company's core service involves moving packages offsite from apartment communities and coordinating direct delivery with residents, thereby completely solving the common resident package problem for multifamily properties. To date, Fetch Package Inc. has delivered nearly 40 million packages.
Headquartered in Austin, Texas, Fetch currently operates in over 25 major markets across the United States. Its platform supports more than 385,000 apartment homes within almost 1,200 communities. This latest funding round is significant as it will enable Fetch to accelerate its strategic growth initiatives and further solidify its position as a leading provider in the specialized logistics sector for residential properties.
The newly raised capital is earmarked to expand Fetch's operational footprint, enhance its technology platform, and scale its services to meet the evolving needs of the multifamily industry. Fetch aims to continue its trajectory of growth, bringing its efficient and resident-focused package management solution to more communities nationwide, thereby improving the living experience for countless residents.
