Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Package Delivery Startup Raises $18M in Series B Round
Austin-based Fetch, an off-site package solution for apartment communities, completed an $18-million Series B round of funding. Iron Gate Capital and Pando Ventures led the round and were joined by existing investors Signal Peak Ventures, Silverton Partners, Seamless, and Venn Ventures.
The new funding will allow Fetch 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.
Following $10.5 million in Series A funding, the Series B investment brings the company’s total funding to more than $32 million. As part of the financing, Iron Gate partner AJ Dye will join Fetch’s board.
“Since its launch in 2016, Fetch has grown at an impressive rate,” said Dye. “The team’s ability to meet the new levels of demand we’ve seen during the pandemic and economic downturn has been phenomenal.”
Photo courtesy of Fetch.
For comments, questions or concerns, please contact Paul Bubny
