AUSTIN, Texas, Feb. 8, 2022 /PRNewswire/ — Fetch, the first and only off-site package management solution for apartment communities, today announced that multifamily communities saw their highest package volumes ever in 2021, surpassing the record-shattering pace set in 2020 during the initial year of the COVID-19 pandemic.
The only thing growing at the same rate as e-commerce is Fetch itself. The company underwent tremendous growth during the past year, adding six new markets, 560 communities and roughly 170,000 apartment homes. Fetch raised an additional $29 million as an extension to the Series C announced last year and is targeting 20 new markets for 2022, while continuing to expand its footprint in existing markets.
“The demand for a true, hands-off package management solution has been unbelievable in recent years as operators are seeing the impact massive package volume is having on their teams. We’re honored to be recognized as that solution and are continually striving to exceed the needs of the multifamily industry,” said Fetch CEO Michael Patton. “Our scalable and most importantly off-site package solution is the only option that truly lifts the package burden from on-site teams and accommodates current and future e-commerce trends. We’re proud of our continued expansion and efforts to reach and serve more communities and residents than ever before.”