AskForTask

Toronto, Canada Founded: 2012 • Age: 14 yrs
Local services are facilitated via an online marketplace platform.
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About AskForTask

AskForTask is a company based in Toronto (Canada) founded in 2012.. AskForTask has raised $500 thousand across 1 funding round. AskForTask operates in a competitive market with competitors including Thumbtack, Urban Company, TaskRabbit, Jeff and Daojia Group, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Event, Translation & Local Services → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $500 K (USD)

    in 1 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    Mar 05, 2014

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of AskForTask

AskForTask has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in March 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $500,000
  • First Round

    (05 Mar 2014)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2014 Amount Seed - AskForTask Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by AskForTask

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AskForTask

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Askfortask Comparisons

Employees
+
Add Comparison
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Competitors of AskForTask

AskForTask operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thumbtack, Urban Company, TaskRabbit, Jeff and Daojia Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
Thumbtack
domain founded_year HQ Location
App based platform to connect users with local service professionals
Urban Company
domain founded_year HQ Location
Customers are connected with vetted professionals for on-demand home services.
TaskRabbit
domain founded_year HQ Location
Online platform that connects users with local independent taskers
Jeff
domain founded_year HQ Location
Local services are searched and booked online via the platform.
Daojia Group
domain founded_year HQ Location
Online platform that provides multiple local services
Spruce
domain founded_year HQ Location
On-demand local services are booked via an online marketplace.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Askfortask

Frequently Asked Questions about AskForTask

When was AskForTask founded?

AskForTask was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Where is AskForTask located?

AskForTask is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Is AskForTask a funded company?

AskForTask is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Mar 05, 2014.

What does AskForTask do?

AskForTask was established in 2012 in Toronto, Canada, as an online marketplace in the local services sector. Tasks are posted by users on a map-based interface, with prices set to attract nearby providers. Matching occurs through chat and negotiation features, followed by task assignment. A rating and feedback system is maintained for providers to ensure reliability. Operations focus on connecting users with local help for various jobs.

Who are the top competitors of AskForTask?

AskForTask's top competitors include Urban Company, Thumbtack and TaskRabbit.

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