Fetch, a Dallas, TX-based off-site package solution for apartment buildings, raised $3m in seed funding.
The round was led by Silverton Partners, with participation from Capital Factory, Venn Ventures, and Texas-based multifamily real estate owners and managers. Previous investors include Dallas-based Tech Wildcatters and Steve Schaffer, founder of Offers.com. In conjunction with the financing, Kip McClanahan of Silverton will join Fetch’s Board of Directors.
The company intends to use the funds to expand across Texas to partner with current clients in Houston and Austin, to further develop their software platform and to enable additional delivery services such as hassle-free package returns and dry cleaning.
Founded in 2016 by Michael Patton, CEO, Fetch accepts all packages at local warehouses, then provides scheduled, door-to-door delivery with residents directly. Current clients include many NMHC Top 50 companies, including Greystar, Pinnacle, ZRS, and Wood Partners.