Fetch, an Austin, Texas-based off-site package solution for apartment communities, raised $18m in Series B funding.
Iron Gate Capital and Pando Ventures led the round, which brings total funding raised to date to more than $32m, and were joined by existing investors Signal Peak Ventures, Silverton Partners, Seamless, and Venn Ventures. As part of the financing, Iron Gate Partner AJ Dye will join Fetch’s Board of Directors.
The new funding will allow the company to extend its reach into new markets, add new clients, and expand with current clients, as well as invest further in its warehouse strategy and delivery technology.
Founded in 2016 by CEO Michael Patton, Fetch is a a last-mile package delivery company for apartment owners and managers currently operating in Dallas, Fort Worth, Houston, Austin, San Antonio, Seattle, Denver, Atlanta, Orlando, Tampa, Chicago, Phoenix, Charlotte, Washington, D.C., and Portland, Ore.
The company accepts deliveries at local Fetch-operated facilities and works directly with residents to schedule door-to-door delivery.