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Fetch, an Austin-based package delivery startup, has raised $10.5 million in its latest funding round and plans to keep expanding its service. Fetch focuses on apartment communities For customers, the company picks up packages that would be left on doorsteps or with property managers. Those packages are held in an offsite location, until the customer schedules an in-person delivery.

Fetch Package runs a delivery service for multifamily communities that provides residents with a time-saving amenity and lifts the burden of processing and managing packages off the property manager. The company accepts packages at local Fetch-operated warehouses and coordinates door-to-door delivery directly with residents.

To anyone who lives in an apartment complex and has never lost a package: Go buy a lottery ticket, because you are one lucky dog. To those who weren’t touched by an angel, there’s Fetch — an off-site package delivery service for apartment buildings.

This Austin startup has been on a roll since relocating from Dallas last year. Now it's fetched $10.5 million in a Series A round.

Fetch, the first off-site package solution for apartment communities, today announced 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 the Company's total funding to more than $14 million.

Founded in 2016, Fetch has been partnering with the largest multifamily groups in the country and recently expanded out of Texas (where it operates in Dallas, Fort Worth, Houston, Austin, and San Antonio) and into 10 additional markets - Atlanta, Charlotte, Chicago, Denver, Orlando, Phoenix, Portland, Seattle, Tampa, and Washington D.C. Fetch solves a problem that relieves communities of the day-to-day activities of dealing with resident packages of all shapes and sizes that are flooding their properties.