Technology Start-up TaskEasy Will Use $7 Million Funding to Grow its Exterior Home Services Delivered via Sharing Economy Business Model

The company plans to use the majority of the funds to broaden the suite of capabilities being offered to customers and services providers, as well as to fuel additional expansion. After just 18 months, TaskEasy's lawn mowing and snow clearing services are available in 1,630 U.S. cities nationwide.

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TaskEasy

Oct 24, 2014, 07:47 ET

SALT LAKE CITY, Oct. 24, 2014 /PRNewswire/ -- TaskEasy, a newly established player in the booming sharing economy and services-on-demand industries, today closed a $7 million Series A funding. The technology startup offers on-demand, online ordering and delivery of exterior home services like lawn mowing, snow clearing and holiday lighting installation — saving people time, money and headaches with these common tasks.

TaskEasy's new round of funding will help it to continue to refine its technology, like the ability to quickly compute a fair market value for lawn mowing or snow clearing from measurements (see green outline) taken from a Google Earth birds-eye view of a customer's home.

The majority of funding came from Grotech Ventures, Access Venture Partners and existing investor, KickStart Seed Fund. TaskEasy also announced that former ServiceMagic Co-CEO & Founder Michael Beaudoin not only invested in the company but also has joined its board of directors.

"TaskEasy's unique technology, which allows consumers to quickly and easily buy high-quality services for a fair price with complete confidence the work will be performed, is a winning business model worth investing in," said KickStart Seed Fund Managing Director Gavin Christiansen. "Their track record clearly demonstrates this."

Since its founding in April 2013, TaskEasy has grown to 49 employees, performed services in 1,630 U.S. cities, created a network of more than 5,000 contractors, and now covers more than 95 percent of the U.S. TaskEasy's closest competitor offers services in only 30 cities. All services provided by TaskEasy are insured, quality guaranteed and performed by certified services providers.

"We've been watching the growth and success of TaskEasy for a while now. They're destined to become a household name brand," said Grotech Ventures General Partner Lawson DeVries. "They make buying services as easy as buying a product in a store."

"The on-demand economy is coming quickly and we believe TaskEasy to be an early leader in this space," added Access Venture Partners Managing Director Kirk Holland.

According to TaskEasy CEO Ken Davis, TaskEasy is a true collaborative economy, helping everyday people like property owners, busy professionals, the elderly, single mothers and countless others with the burden of common exterior home services. The company also manages all scheduling, invoicing and other administrative tasks for service providers, making them more efficient and their businesses more profitable. An increasing number of service providers have become so busy with TaskEasy jobs that they've turned off their advertising and are able to just focus on performing the work.

"Customers continually tell us how amazed they are at how easy our technology makes ordering lawn mowing or snow removal with just a few clicks on their computer or smart phone," said Davis. "Even though we've grown more than 300 percent over the last 18 months, this funding will help us not only increase the quality and variety of services, but it will also allow us to broaden the suite of tools we're providing to our service providers."

According to Davis, the company makes sure all service providers are prescreened, all pricing is pre-set to fair market value (the company uses a sophisticated array of algorithms to compute these prices) and all tasks are insured. In addition, the company provides a money-back guarantee to ensure the property owner is completely satisfied.

"I think we're making a lot of friends out there because we free people up to do other things on their weekends besides lawn care," said Davis. "An independent survey of our service providers revealed we're saving them time and increasing their bottom-line profits. This, in turn, is helping local economies nationwide."

For more information, visit www.TaskEasy.com.

About TaskEasy
TaskEasy is the first company to apply the collaborative economy model nationwide to home exterior services— with a focus on lawn care, snow clearing and holiday lighting installation. The company's mission is to make buying home exterior services as easy for customers as buying products online, while helping reliable service providers generate more business. TaskEasy's patent-pending formula, based on seed data from 403 statistical metropolitan areas, establishes fair market pricing throughout the U.S. This means customers and service providers don't have to haggle on price; instead, the focus is on quality and fairness. Once the service provider fulfills the task, TaskEasy makes sure the customer is completely satisfied before a service provider is paid. Since its founding in April 2013, TaskEasy has performed tens of thousands of tasks in more than 1,630 cities in all 50 states, and has certified more than 5,000 service providers. The company is headquartered in Salt Lake City, Utah. For more information, visit www.TaskEasy.com.

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SOURCE TaskEasy