Fetch Package Funding, Investors & Competitors
Fetch Package has raised $163M across 9 funding rounds, most recently a $23M undisclosed-stage round in April 2024.
Last Fetch Package funding round
$23M
Undisclosed stage · Apr 2024
Cumulative funding Fetch Package raised
$163M
across 9 funding rounds
Key investors in Fetch Package
Signal Peak Ventures
Capital Factory
Silverton Partners
Rose Park Advisors
Pando Ventures
Alpaca VC
Iron Gate Capital
Venn Ventures
About Fetch Package
Fetch Package is a Dallas-headquartered service that manages package logistics for multifamily apartment communities across the United States. The company receives deliveries at dedicated facilities and schedules door-to-door transport to residents via a mobile app for tracking and pickup coordination. Operating in markets including Dallas-Fort Worth, Austin, Houston, Seattle, San Francisco, Denver, Chicago, Atlanta, and Phoenix, Fetch Package collaborates with most NMHC Top 50 property managers and leading developers in multifamily and student housing sectors. Founded in 2016, it handles shipments from carriers like UPS, FedEx, and Amazon.
Founded
2016
HQ
Austin, TXWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Fetch Package Funding History
Fetch Package has raised a total of $163M across 9 funding rounds.
Fetch Package's first fundraising round was a $400K angel round in February 2018. The most recent completed round was a $23M undisclosed-stage round in April 2024.
Fetch Package funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2024 | Undisclosed stage | Venn Ventures; Rose Park Advisors; Signal Peak Ventures; Tandem Ventures | $23M | Fetch Package is an Austin-based logistics company providing off-site package management and last-mile delivery solutions for multifamily apartment communities, addressing e-commerce-driven package overload by warehousing packages and coordinating door-to-door deliveries to residents. It operates in over 25 major U.S. markets, supports over 400,000 apartment homes across 1,200+ communities, and has delivered nearly 40 million packages to date. The company recently announced expansion plans including nationwide rollout of Fetch Storage (on-demand micro-storage) in 2024 and Fetch Market in 2025, alongside core delivery services. Over the last two years, Fetch raised $45M in equity, with the most recent $23M round around mid-2024 led by Tandem Ventures and supported by Frame VC, Signal Peak Ventures, Rose Park Advisors, and Venn Ventures, bringing total funding to approximately $36.5M-$82.5M across rounds including prior Series B ($18M in 2021) and Series A ($10M). This capital funds service expansion, product innovation, and market growth amid rising e-commerce trends in multifamily housing. Fetch emphasizes operational efficiency for property managers, claiming cost savings, increased NOI, and higher property valuations through reduced onsite staff time and ancillary revenue opportunities. |
| Nov 2023 | Series A | - | $14M | Fetch Package is an off-site package delivery solution for apartment communities, founded in 2016 in Dallas and headquartered in Austin, Texas. The company addresses the mounting logistical challenge of package delivery to multi-unit residential properties by coordinating deliveries directly with residents and moving packages offsite. Fetch has grown substantially from 6 employees at the time of its Series A in 2018 to 140+ team members by 2020, with sales increasing over 1,000% year-over-year during that period. The company reported having delivered close to 40 million packages and supports over 385,000 apartment homes across nearly 1,200 communities in more than 25 major U.S. markets. A funding round in late 2023 raised $13.5 million, with estimated annual revenue around $30 million based on available business data. Fetch has maintained strong customer retention, with leadership noting zero client attrition through its execution and service model. |
| Mar 2023 | Series A | Rose Park Advisors; Alpaca VC; Capital Factory; Pando Ventures; Signal Peak Ventures | $15M | - |
| Feb 2022 | Series C | - | $29M | Fetch Package, a logistics company solving package delivery challenges for multifamily apartment communities, announced a $10.5 million Series A funding round led by Signal Peak Ventures, with participation from Silverton Partners and Capital Factory, bringing total funding over $14 million. The round, announced for national expansion, followed a seed round and highlighted growth from 6 to 140 employees and over 1000% sales increase since the prior summer. Scott Petty from Signal Peak Ventures joined the board, praising Fetch's execution and national client growth. The company operates by accepting packages at off-site warehouses and coordinating scheduled door-to-door deliveries to residents, ensuring reliability amid rising e-commerce volumes. By the time of the announcement, Fetch had delivered over 28 million packages across U.S. markets. A separate filing noted a $7.55 million raise on November 14, 2022, as part of a $44.9 million offering. Total funding reached around $36.5 million across multiple rounds by later years, with operations expanding to over 25 markets and 1,200 communities supporting 385K apartment homes. |
| Jul 2021 | Series C | Rose Park Advisors (lead); Seamless; Ocelot Capital; Venn Ventures; Iron Gate Capital; Alpaca VC; Pando Ventures; Signal Peak Ventures; GreenPoint Partners | $50M | Fetch Package is a last-mile package delivery platform for apartment communities that coordinates scheduled, direct-to-door delivery to residents via mobile app. The company solves package management for property managers and provides residents with convenient on-demand doorstep delivery aligned with varied schedules. In July 2021, Fetch closed a $60 million funding round comprising both equity and debt. The Series C round included investors Ocelot Capital, Greenpoint Partners, Alpaca VC, and Rose Park Advisors, alongside existing investors Iron Gate Capital, Signal Peak Ventures, Silverton Partners, Seamless, and Venn Ventures. At the time of this round, Fetch had delivered approximately 3.5 million packages in 2020 and was on track to deliver more than 8 million packages by year-end 2021, operating across around 700 communities with just over 200,000 doors under contract. The company achieved significant growth in 2020, tripling its year-over-year ARR and growing GAAP revenue 6x year-over-year, though specific revenue figures were not disclosed. Fetch works with seven of the top 10 nationally recognized apartment management companies and has partnerships with major property owners and developers, including a national preferred vendor agreement with Greystar. |
| Aug 2020 | Series B | Iron Gate Capital (lead); Pando Ventures (lead); Silverton Partners; Signal Peak Ventures; University Growth Fund | $18M | Fetch Package, an Austin-based startup founded in 2016 by Henry Talamantes and Michael Patton, provides an off-site package delivery solution for apartment communities, accepting packages at local warehouses and coordinating scheduled door-to-door deliveries to residents. On August 18, 2020, the company raised $18 million in a Series B funding round led by Iron Gate Capital and Pando Ventures, with participation from existing investors Signal Peak Ventures, Silverton Partners, Seamless, and Venn Ventures, bringing total funding to over $32 million following a prior $10.5 million Series A. The capital was intended to expand into new markets, add clients, grow with existing clients, and invest in warehouse strategy and delivery technology. Iron Gate Partner AJ Dye joined the board as part of the round. The funding came amid surging e-commerce demand during the COVID-19 pandemic, with Fetch reporting a 59% increase in package volume per apartment home since the pandemic's emergence. The company had nearly doubled the number of communities served since early 2020 and grown total units serviced by 497% year-over-year, reaching over 120,000 apartment homes under contract at the time. This growth positioned Fetch as a key solution for multifamily property managers facing overwhelming package volumes. |
| Sep 2019 | Series A | Signal Peak Ventures (lead); Silverton Partners; Capital Factory | $11M | Fetch Package is the first off-site package solution for apartment communities, accepting deliveries at local warehouses and providing scheduled door-to-door delivery to residents. Founded in 2016 in Dallas, the company solves the growing logistical problem of package delivery to multi-unit tenants amid rising e-commerce. On September 26, 2019, Fetch announced a $10.5 million Series A funding round led by Signal Peak Ventures, with participation from Silverton Partners and Capital Factory, bringing total funding to more than $14 million. The funding supports national expansion, with operations in markets including Dallas, Fort Worth, Houston, Austin, San Antonio, Seattle, Denver, Atlanta, Orlando, Tampa, Chicago, and Phoenix, and plans for Charlotte, DC, and Portland. Since the prior seed round, Fetch grew from 6 to 140 employees and increased sales by over 1000%, maintaining zero client loss through exceptional customer service and reliable execution. Scott Petty of Signal Peak Ventures and Kip McClanahan of Silverton Partners highlighted Fetch's growth, national clients, and strong team with multifamily and logistics expertise. |
| Aug 2018 | Seed | Silverton Partners (lead); Capital Factory | $3M | Fetch Package provides an off-site package delivery solution for apartment buildings, accepting deliveries at local warehouses and offering scheduled door-to-door service to residents. The company, founded in 2016 in Dallas, TX, raised $3 million in Seed funding on August 1, 2018, led by Silverton Partners with participation from Capital Factory, Venn Ventures, and Texas-based multifamily real estate owners and managers. Kip McClanahan of Silverton Partners joined the board with the financing. The capital supported expansion across Texas to Houston and Austin, partnering with existing clients, and further development of Fetch's software platform for additional services like package returns and dry cleaning. Previous investors included Tech Wildcatters and Steve Schaffer, founder of Offers.com. Fetch positioned itself to address the growing package delivery challenges in multifamily housing amid e-commerce growth. |
| Feb 2018 | Angel | Steve Schaffer; Social Capital | $400K | - |
Who has invested in Fetch Package?
15 investors have backed Fetch Package across its funding rounds, including Signal Peak Ventures, Capital Factory, Silverton Partners, Rose Park Advisors, Pando Ventures and Alpaca VC.
Lead investors include Rose Park Advisors, Iron Gate Capital, Pando Ventures, Signal Peak Ventures and Silverton Partners.
Fetch Package Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Salt Lake City, UT | 5 | Lead | Sep 2019 | |
| Boston, MA | 3 | Lead | Jul 2021 | |
| Austin, TX | 3 | Lead | Aug 2018 | |
| Austin, TX | 3 | Participant | Aug 2018 | |
| Salt Lake City, UT | 3 | Lead | Aug 2020 | |
| Dallas, TX | 2 | Participant | Jul 2021 | |
| Louisville, KY | 2 | Lead | Aug 2020 | |
| New York City, NY | 2 | Participant | Jul 2021 | |
| United States | 1 | Participant | Jul 2021 | |
| Austin, TX | 1 | Participant | Jul 2021 | |
| Austin, TX | 1 | Participant | Feb 2018 | |
| San Francisco, CA | 1 | Participant | Feb 2018 | |
| Salt Lake City, UT | 1 | Participant | Apr 2024 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialFetch Package Competitors
Fetch Package competitors include listed companies like CoStar Group, Bentley Systems and AppFolio, and private ones like Doctolib, Entrata and Loft.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| United States | Publicly listed | $3.2B | $183M | $12B | 3.3x | |
| United States | Publicly listed | $1.5B | $429M | $9.5B | 6.5x | |
| United States | Publicly listed | $951M | $178M | $7.8B | 7.1x | |
 Paris | Private | $400M | - | $6.4B | 16.0x | |
| Salt Lake City, UT | Private | $200M | - | $4.3B | 21.5x | |
 São Paulo | Private | - | - | $2.9B | - |
Fetch Package Public Comps
Fetch Package is still privately-owned, but its public comps include Meta, Bending Spoons, CoStar Group, Kakao, Match Group, Bentley Systems, Kunlun, AppFolio, Duolingo and FirstService.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $201B | $104B | 8.8x | 7.4x | 17.0x | 12.7x | |||
| $2.6B | $520M | 11.0x | - | 54.9x | - | |||
| $3.2B | $183M | 3.6x | 3.3x | 64.6x | 16.8x | |||
| $5.9B | $1.1B | 0.9x | 0.9x | 4.8x | 4.1x | |||
| $3.5B | $939M | 3.7x | 3.7x | 13.9x | 10.0x | |||
| $1.5B | $429M | 7.1x | 6.5x | 24.7x | 18.0x | |||
| $1.2B | ($230M) | 6.8x | 5.7x | (36.1x) | (111.2x) | |||
| $951M | $178M | 8.0x | 7.1x | 42.7x | 25.3x | |||
This data is available for Pro users. Sign up to see all Fetch Package competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Fetch Package
| When was Fetch Package founded? | Fetch Package was founded in 2016. |
| Where is Fetch Package headquartered? | Fetch Package is headquartered in Austin, TX, United States. |
| Is Fetch Package publicly listed? | No, Fetch Package is a private, VC-backed company. |
| How much funding has Fetch Package raised? | Fetch Package has raised $163M across 9 funding rounds. |
| What was Fetch Package's last funding round? | Fetch Package's last funding round was a $23M undisclosed-stage round in April 2024. |
| Who are Fetch Package's investors? | Fetch Package's investors include Signal Peak Ventures, Rose Park Advisors, Silverton Partners, Capital Factory, Pando Ventures, Venn Ventures, Iron Gate Capital, Alpaca VC, Seamless, Ocelot Capital and 5 others. |
| Which companies are comparable to Fetch Package? | Companies comparable to Fetch Package include CoStar Group, Bentley Systems, AppFolio, Doctolib, Entrata and Loft. |
See companies similar to Fetch Package
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