Tech Company Financing Transactions

TaskRabbit Funding Round

Lightspeed Venture Partners, Allen & Company and Tornante participated in a $17.8 million Series B funding round for TaskRabbit. The financing round was announced on 12/14/2011.

Transaction Overview

Company Name
Announced On
12/14/2011
Transaction Type
Venture Equity
Amount
$17,800,000
Round
Series B
Investors

Lightspeed Venture Partners (Lead Investor) (Justin Caldbeck)

Allen & Company

Tornante (Michael Eisner)

Proceeds Purpose
With the support of our new and existing investors, we will bring TaskRabbit to new markets and realize our vision of providing a novel solution that empowers everyone to live a smarter, more fulfilling life by once again relying on their neighbors.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
102 Bartlett St.
Charlestown, MA 02129
USA
Email Address
Overview
The company operates a website that enables users to find people to do tasks for them.
Profile
TaskRabbit LinkedIn Company Profile
Social Media
TaskRabbit Company Twitter Account
Company News
TaskRabbit News
Facebook
TaskRabbit on Facebook
YouTube
TaskRabbit on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Stacy Brown-Philpot
  Stacy Brown-Philpot LinkedIn Profile  Stacy Brown-Philpot Twitter Account  Stacy Brown-Philpot News  Stacy Brown-Philpot on Facebook
Chief Operating Officer
Ian Arthurs
  Ian Arthurs LinkedIn Profile  Ian Arthurs Twitter Account  Ian Arthurs News  Ian Arthurs on Facebook
VP - Engineering
Paul Devine
  Paul Devine LinkedIn Profile  Paul Devine Twitter Account  Paul Devine News  Paul Devine on Facebook
VP - Marketing
Rob Willey
  Rob Willey LinkedIn Profile  Rob Willey Twitter Account  Rob Willey News  Rob Willey on Facebook
VP - Product Management
John Vars
  John Vars LinkedIn Profile  John Vars Twitter Account  John Vars News  John Vars on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/14/2011: Eos Energy Storage venture capital transaction
Next: 12/14/2011: Visible Technologies venture capital transaction

 

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We report on every notable VC transaction. VC investment data records on this site come from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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