July 20, 2017

TaskRabbit looking to expand

If you need a chair fixed or a TV mounted, TaskRabbit can connect you with someone like Duncan Cook — a handyman with myriad skills who could use a few extra bucks.

TaskRabbit is one of the leading names in the gig economy, the phenomenon of informal work arrangements brokered through apps and websites. The company, founded in 2008 by software programmer Leah Busque in Boston, moved to San Francisco in 2010. It connects handymen — and women — with jobs, similar to the way Uber links drivers with passengers and Airbnb places travelers in homes.

“Most people do it on the weekends or their off time, but for me, it’s replaced my full-time job,” said Cook, a Campbell resident.

The company operates in 23 markets in the U.S. and in London. By June, it expects to expand into another 15 areas. It had been seeking investment to fund that expansion, a process that drew interest from buyers, according to the technology news site Recode . Danielle Merida, TaskRabbit’s vice president of legal and regulatory affairs, confirmed that the company is discussing a sale. That’s probably why interest in the company is up on the startup database Crunchbase.

The company has raised only […]

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About NGE Staff 9421 Articles
The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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