Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more
Task outsourcing marketplace TaskRabbit has raised another $13 million.
TaskRabbit allows users to outsource tasks and errands to local pre-approved TaskRabbits, who get paid for their work. The service is offered in nine cities, including New York, Boston, and, unsurprisingly, the San Francisco Bay Area.
The latest funding round was led by Founders Fund, and was joined by previous supporters like Shasta Ventures and Lightspeed Venture Partners.
“TaskRabbit helps its users become more productive while simultaneously creating thousands of jobs — it’s a revolution for a labor market in desperate need of innovation,” Founders Fund partner Bruce Gibney said in a statement.
TaskRabbit says the cash will allow it to hire more engineers and product team members as well as new executives.
And the company didn’t waste any time doing just that: Joining TaskRabbit’s board of directors are former eBay Motors vice president Rob Chesney and Founder’s Fund’s Gibney. (Chesney’s appointing is perhaps more interesting, as TaskRabbit is often called “the eBay for real world labor”.)
The latest infusion of cash joins the $24.7 million TaskRabbit previously raised, bringing the total to $37.7 million. The funding comes six months after TaskRabbit acquired New York-based competitor SkillSlate for an undisclosed sum.
TaskRabbit was founded in Massachusetts in 2008 by former IBM engineer Leah Busque, who moved the company to San Francisco in 2010.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more