advertisement
advertisement
advertisement
Most Innovative Companies

TaskRabbit

TaskRabbit was founded in 2008 among a wave of startups aiming to take advantage of the budding sharing economy. The company originally let freelancers auction off random gigs, but it has since shifted its business model to a fixed-price structure. After COO Stacy Brown-Philpot ascended to the role of CEO in 2016, she made the decision to streamline the company yet again, taking half of its business mobile and trimming down the types of eligible “odd jobs” offered on the platform to on-demand home services, from mounting a flatscreen TV to the wall to busting kitchen suds. As a result of the revamp, TaskRabbit quadrupled revenue within a year, and by 2017 it was profitable in each of the 18 U.S. cities in which it operates. (Companywide profitability is still in-progress.) Taskers now make an average of $35 per hour—nearly five times the federal minimum wage. In November 2016, the company entered a partnership with Ikea to provide exclusive furniture-assembly services at its massive Wembley-area London flagship.

Lists
2017: Top 50
Data
public or private: Private
staff: 60
headquarters: San Francisco, CA
News

Walmart just tapped Handy to assemble furniture and mount TVs for customers

Handy and Walmart are announcing a new partnership today that will connect customers at 2,000 Walmart stores with Handy men and women who can put together their new purchases. Walmart will start featuring small cards next to televisions and furniture that quotes a price for assembly or television mounting. Customers will be able to take … Continue reading “Walmart just tapped Handy to assemble furniture and mount TVs for customers”

Walmart just tapped Handy to assemble furniture and mount TVs for customers
News

Did Ikea buy TaskRabbit because their furniture is too hard to put together?

TaskRabbit employees may want to grab an Allen wrench and brush up on their Swedish, because Ikea just bought their company. TaskRabbit, which connects freelance workers with small temp jobs, is one of the most successful gig-economy startups, raising about $50 million since it was founded nine years ago, according to Recode, which just broke the … Continue reading “Did Ikea buy TaskRabbit because their furniture is too hard to put together?”

Did Ikea buy TaskRabbit because their furniture is too hard to put together?
advertisement
advertisement
advertisement