TaskRabbit raises $13 million Series C round, adds new board members

Maybe it’s true that startups are making it easier for Americans to get lazier. Or maybe we’re getting better at connecting people short on time with people short on money. But either way, Silicon Valley investors seem confident that TaskRabbit, the startup perhaps most emblematic of this trend, has solid legs to stand on.

TaskRabbit plans to announce Monday that it’s raised $13 million in a Series C round and added two new board members, bringing the startup’s total funding so far to $38 million and pushing the on-demand task service forward as it spreads across the country.

TaskRabbit allows users to post a task they want completed, list the price they’re willing to pay, and employ TaskRabbits to get the job done.
The startup raised a $17.8 million series B only seven months ago, and recently released an on-demand delivery service in San Francisco.

The financing round was led by Founders Fund, and existing investors who also participated include Shasta VenturesLightspeed Venture PartnersBaseline VenturesShervin Pishevar, and 500 Startups. The startup will use the new funding to expand the engineering and executive teams.