Friday, July 23, 2021

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Fetch Package: Raises $60M in Funding

Fetch Package: Raises $60M in Funding

  • Fetch Package, an Austin, Texas-based last-mile package delivery service for apartment communities, raised $60m in funding
  • The $50m Series C equity funding round was led by Ocelot Capital with participation from Greenpoint Partners, Alpaca VC and Rose Park Advisors and existing investors
  • The company intends to use the funds to further scale its business by opening in 24 new major markets over the next two years
  • Fetch accepts deliveries at its local facilities and works directly with residents to schedule door-to-door delivery
  • The company has already hit the 2.5 million mark for volume in June 2021 and they’re currently on track to deliver over 8 million packages by the end of the year

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