In the previous business model, Taskers would bid for a job, but since June 2014 Taskers are automatically assigned a job.The background is checked and an aspirant is interviewed following a quiz to get selected as a Tasker.People who are underemployed or unemployed or those who want to make some extra money can sign up to be the TaskRabbit.People can pay through the app after the task has been accomplished.People who are on the go can post the task through the app and have the work taken care of by the time they return.People who want to outsource errands can post their job on the platform and TaskRabbit connects them to qualified Taskers available to help.TaskRabbit’s 2 Customer Segment Explained: TaskPosters Better return on reputation as the level increases.Instant money- wages immediately after the task.No schedule job, work at your own convenient time.Local jobs in and around the neighbourhood.Insurance (every task is insured upto $1,000,000).Over 50 full-time employees working in the San Francisco office and about 50,000 runners signed up on the platform.Crowdsourced Marketplace model with TaskPosters willing to outsource petty tasks being connected to TaskRabbits willing to do those tasks.Available in Atlanta, Austin, Boston, Houston, LA & OC, Phoenix, Portland, San Antonio, Washington DC, Chicago, Dallas, Denver, Miami, New York City, Philadelphia, San Diego, Seattle, SF Bay Area, and one international location as London for now.To understand what makes TaskRabbit a promising business, let’s have a look at the other segments of the business. On the other hand, Tim Ferris, the famous American author, entrepreneur, angel investor, and public speaker became an informal advisor to help Busque conceptualise her idea. Zipcar CEO, Scott Griffith was so amused by the idea that he offered a small space in his office to Busque in the initial days of TaskRabbit. The amount of funding received by TaskRabbit is the sign that investors find a huge potential in the business. The following graphic will give you a clear insight about its growth over the years. The company makes around $5 million monthly as its revenue as of Dec 2011.Company valued at $150 million as of December 2012.Has raised around $38 million funding as of July 2015.Founded by Leah Busque in 2008 as RunMyErrand and later named as TaskRabbit in April 2010.Following are some facts about TaskRabbit: It’s seen as a life saviour to people short on time, and a gold rush to people unemployed of under employed. Built on the principles of community building, it’s hailed as a revolutionary platform that brings neighbours closer and extend a helping hand for a price people in need want to pay.Ĭurrently active in about 19 cities, TaskRabbit has received a massive funding from over a dozen investors and has made a mark in the on-demand industry with its innovative concept of outsourcing simple tasks. It was that ‘apple on the head’ moment she thought of a platform where people could outsource petty tasks to others and save on time. It was a cold stormy night of February in the year 2008 when Leah Busque realised she has run out of dog food for their 100 pound labrador.

Founders, Funding Received, Salient Features, and Facts TaskRabbit aims to help people take back their lives, be their own boss, help people out, and make some money. Hailed as godsend to people with more money than time, it allows people to outsource small jobs and tasks to others in their neighbourhood. TaskRabbit is a two-sided marketplace that connects ‘TaskPosters,’ people who need help, with ‘TaskRabbits,’ a network of pre-approved and background checked individuals, who have the time and skills needed to complete the listed task. Mapping Infrastructure Optimize your delivery route efficiently.Customer Engagement Automation Automate your engagements and marketing activities through an omnichannel approach.Last-mile delivery Automate your last-mile dispatches & deliver without hassle.Fleet management Minimize costs through efficient monitoring of your delivery fleet.Headless Commerce Endless customization for a unique front-end experience.Direct-to-consumer Eliminate aggregators and deliver direct-to-consumer.Telemedicine Create an online medical consultation platform.Super App All-in-one app for multiple services.15-min Grocery Delivery Deliver to your customer within minutes.Cloud Kitchen End-to-end tech stack for your restaurant.

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