Brown and White Ventures Invests In HelloPackageFund Backs Tech-Driven Package Management Solution​

Brown and White Ventures has reached an agreement to invest in Package Solutions, a startup whose lead service, HelloPackage, redefines last-mile logistics in multi-family and student housing through AI, automation, and on-site holding of deliverable packages.

​In HelloPackage, PackageSolutions has built a system which centralizes delivery management, package tracking, and resident communication into one intelligent system.

​HelloPackage, founded in Atlanta, Georgia, manages thousands of packages and delivery drivers each month—reducing operational costs, improving resident experience, and creating new NOI for property owners.

​“What Brown and White Ventures finds in HelloPackage is a company that enhances security and convenience in a universal experience: the home delivery of goods and services,” Jim Aroune, co-founder and General Partner of Brown and White Ventures, LLC. “PackageSolutions is poised to successfully leverage technology to address this challenge, especially for those who live in multi-unit housing and residential developments.”

​"We’re excited to have Brown & White Ventures join us as a strategic partner and advisor in our next phase of growth. Their investment reflects confidence in our technology, team, and vision to deliver AI, computer vision, and service that simplify last-mile logistics and elevate the resident experience,” said Paul Favorov, CEO/CTO of PackageSolutions, maker of HelloPackage.

​Owners and operators use HelloPackage to reduce onsite staff burden, lower costs, and improve resident satisfaction—helping communities lease faster and retain residents longer.

​HelloPackage currently serves 52,000 units, including communities managed by NMHC Top 20 Owners and Operators. The company processes more than six million packages annually and maintains a 4.4-star resident satisfaction rating across more than 50,000 reviews.

“With the support from Brown & White Ventures, we’ll accelerate customer implementations, expand into key markets like Texas and the West Coast, and bring our AI-driven logistics solution to more communities overwhelmed by packages and delivery drivers,” Favorov said.

​Its commitment to PackageSolutions is Brown and White Ventures’ fifth investment in a portfolio company in its first year of distributing funding to startup companies.

​Learn more about HelloPackage at: https://www.hellopackage.com