Home Venture Capital Boise-based Pest Share gets funding from Capital Eleven

Boise-based Pest Share gets funding from Capital Eleven

81
0
Pest Share

Got pests?

A Boise-based startup aims to help folks use technology to battle back against pests around the home. Now, Pest Share is announcing seed funding from Meridian venture capital firm Capital Eleven.

Pest Share allows property managers to offer pest control services to tenants. It provides a software platform for residents to report pest problems and connect with an exterminator or other expert to take care of the issue. The company says it helps cut down on extra steps, communication, cost, and hassle for property owners and residents.

“As a fourth-generation pest control operator, I have seen first-hand that the traditional pest
control model creates pain points, not solutions for those in the residential rental space. Not only for the tenant but also the property manager and property owner,” Pest Share CEO and Co-founder Landon Cooley said. “By leveraging technology, utilizing resident benefits programs, and creating a process built around speed and simplicity, we have truly built a better mousetrap.”

[New coalition of construction companies, startups launch Housing Innovation Hub]

Pest Share says it is operating in 30 states and has “thousands of single-family residential rental homes” on its platform. It says it hopes to be in all 50 states this year.

“We are excited for property managers and tenants around the country to experience a new
and better solution for managing pests in and around their homes,” Capital Eleven Managing Partner Travis Hawkes said. “The software, speed of service, shared pricing model, and overall benefits to all the stakeholders solves a problem that has long been a plague to renters, property managers, and owners. Pest Share has created a new category and solution in an area that has been left untouched for decades.”

“This major funding round allows us to hire additional leadership and support staff, continue to develop our software platform, and have the needed resources to scale across the country,” chief revenue officer Tom Clements said.

Capital Eleven chipped in an undisclosed amount of funding and didn’t disclose the valuation for the company.

Source link

Previous article‘Pharma Bro’ Shkreli freed from prison for halfway house
Next articleAre Cryptocurrency and Gold Similar Investments?

LEAVE A REPLY

Please enter your comment!
Please enter your name here