$10.5M Series A For National Expansion Announced

Map of the USA with blue and yellow markers

Big News for Fetch

We’re excited to share our big news!

As the first off-site package solution for apartment communities, we’re proud to announce a $10.5 million Series A round of funding. Signal Peak Ventures led the round, with participation from previous investors including Silverton Partners and Capital Factory. The investment brings our total funding to more than $14 million.

Fetch was founded in 2016 in Dallas, TX, and has recently expanded across the country to scale with current and new clients. We currently operate 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.

“I’m incredibly proud of the entire Fetch team for the progress we’ve made in the last 3 years,” said Founder & CEO Michael Patton. “Since our Seed round last summer, we’ve grown from 6 employees to 140, and increased sales by over 1000%.  We’ve struck a chord in solving the package problem for the industry through exceptional customer service and consistent, reliable execution. I also take great pride in the fact that we’ve never lost a client.”

Fetch accepts all deliveries at local Fetch-operated warehouses, then provides scheduled, door-to-door delivery with residents directly. This solves the package problem for the property and provides residents with a convenient and time-saving amenity. With e-commerce growing rapidly, Fetch is a scalable solution for apartment owners and managers struggling to deal with the exponential growth of tenant deliveries themselves.

“We’re excited to partner with Fetch at a true inflection point of expansive growth,” said Scott Petty of Signal Peak Ventures. “We are impressed by Fetch’s growing list of national clients and are strong believers in the unique approach they are taking to solve the mounting logistical problem of package delivery to multi-unit tenants.”  With the financing, Petty will join Fetch’s Board of Directors.

“We’re excited to participate in this financing after witnessing Fetch’s growth and execution over the last year,” said Kip McClanahan of Silverton Partners. “They’ve assembled a great team with deep multifamily experience and logistics expertise which will serve them well as Fetch scales nationally.”

About Fetch

Fetch Package is a white-glove package delivery amenity for multifamily communities. They accept packages at local facilities and coordinate scheduled, door-to-door delivery directly with residents. Through their easy to navigate Fetch app, residents can quickly schedule 2-hour delivery windows and seamlessly manage their deliveries. Founded in 2016 in Dallas, Fetch has grown to over 140 employees with national clients including Pinnacle, Wood Partners, Alliance Residential, Lincoln Property Company, ZRS, Waterton and many other NMHC Top 50 firms. For more information about how Fetch can support your community, request a quote here.

About Signal Peak Ventures

Signal Peak Ventures is a venture capital firm investing in early-stage technology companies. The fund invests in exceptional teams that are attacking big problems in a unique way, with the potential to transform markets and create lasting value. For more information about Signal Peak and its portfolio of investments, please visit www.spv.com.

share this article

prefer emails overs sales calls?

joing our marketing email list to learn more

more from

Fetch Solves Package Problems for Student Housing
Multifamily operators with both market rate and student housing communities in their portfolios estimate their student housing properties receive between 30% and 50% more packages. Package management responsibilities consume an inordinate amount of time for onsite teams.
leaving reviews and ratings for your multifamily community
How to harness your community ratings to attract quality residents

Leveraging your positive community ratings and reviews can significantly enhance your ability to attract high quality residents and…

how multifamily tech stack helps to generate more leases for property managers
Is your multifamily tech stack helping generate more leases?

By adopting and effectively utilizing innovative technology, property owners and operators can streamline their leasing processes, enhance the…

Skip to content