Fetch, an Austin, Texas-based off-site package solution for apartment communities, raised $10.5m in Series A round of funding.
The round, which brought total funding to more than $14m, was led by Signal Peak Ventures, with participation from previous investors Silverton Partners and Capital Factory.
The company intends to use the funds to continue to expand its business reach.
Founded in 2016 by CEO Michael Patton, Fetch Package is a package delivery platform for multifamily communities. The company accepts packages at local facilities and coordinate scheduled, door-to-door delivery directly with residents. Through their app, residents can schedule 2-hour delivery windows and manage their deliveries. The company has over 140 employees with national clients including Pinnacle, Wood Partners, Alliance Residential, Lincoln Property Company, ZRS, Waterton and many other NMHC Top 50 firms.
It currently operates in Dallas, Fort Worth, Houston, Austin, San Antonio, Seattle, Denver, Atlanta, Orlando, Tampa, Chicago, and Phoenix with Charlotte, DC, and Portland slated to round out 2019.