Fetch Raises $3M to Solve Package Problem

Fetch, the first off-site package solution for apartment buildings, today announced $3 million in Seed funding, led by Silverton Partners.  With the financing, Kip McClanahan of Silverton will join Fetch’s Board of Directors.

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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.
Fetch press updates announces new updates to driver software to improve efficiency
Fetch, the first and only offsite package management solution for apartment communities, today announced a significant update to its driver software platform as the company works toward a fully accessible, transparent business model. Fetch is also investing more into the Preferred Driver Program to recognize and reward its highest performing delivery partners.
The seasonal package surge isn't limited to pre-holiday shopping. In the past two years, Fetch communities have continued to see a higher-than-average number of packages in the first quarter as residents take advantage of their gift cards and returns/exchanges. While multifamily properties likely don't have enough time or space to install physical package solutions to accommodate the seasonal delivery increase, they do have time to implement Fetch. Fetch receives and stores residents' packages offsite and coordinates with residents to schedule direct-to-door delivery, even on the same day.
The seasonal package surge isn't limited to pre-holiday shopping. In the past two years, Fetch communities have continued to see a higher-than-average number of packages in the first quarter as residents take advantage of their gift cards and returns/exchanges. While multifamily properties likely don't have enough time or space to install physical package solutions to accommodate the seasonal delivery increase, they do have time to implement Fetch. Fetch receives and stores residents' packages offsite and coordinates with residents to schedule direct-to-door delivery, even on the same day.
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