TaskEasy, the premier nationwide on-demand provider of outdoor services to both commercial and residential customers, announced an oversubscribed $21.3M Series C round led by River Cities Capital with participation from new investors Camber Creek, as well as existing investors Moderne Ventures, Grotech Ventures, Access Venture Partners, and Delta Electronics Capital. The funding, from a mix of financial and strategic investors, comes after TaskEasy's latest milestone of delivering over one million services and will be used to expedite company growth and product development.
"It's always been our mission to provide world-class services directly to consumers and property portfolio managers while helping reliable contractors build a sustainable business," said Ken Davis, CEO of TaskEasy. "With this funding we'll be able to broaden our current product offering and enhance the customer experience, while making our contractors more efficient and more profitable."
TaskEasy provides lawn mowing and snow removal services, and works closely with homeowners, property managers, and real estate professionals who can easily upload entire property lists to their client portal, allowing for easy one-time or recurring scheduling of services. "We're optimistic about this strategic partnership and we truly believe TaskEasy challenges the status quo. They provide real value to the home services industry and property managers nationwide," stated Constance Freedman, Founder and Managing Partner of Moderne Ventures, who provided a key strategic investment from the real estate industry.
Parag Rathi, Vice President at River Cities Capital Funds, stated, "We're excited to build our partnership with an investment in TaskEasy. TaskEasy is the clear leader in the on-demand exterior property maintenance industry and we're eager to help grow their business as it solves real pain points for property managers, consumers, and contractors alike."
TaskEasy has performed over one million tasks in more than 10,000 cities in all 50 states. The company has established the largest network of screened and insured lawn maintenance contractors, with over 5,000 small businesses across the country performing work for TaskEasy customers.