What is TaskHuman?
TaskHuman, based in Palo Alto, California, operates as a mobile application designed to enhance the well-being of busy individuals by offering immediate 1:1 video coaching. The platform addresses the cost, inconvenience, and geographical barriers associated with traditional in-person coaching. It provides a secure and user-friendly interface for consumers to discover and connect with qualified health and wellness providers, fostering engagement to achieve personal goals. Concurrently, TaskHuman empowers these providers with opportunities to generate additional income through on-demand client access. The company, developed by a global team, initially focused its beta release on healthy living categories.
How much funding has TaskHuman raised?
TaskHuman has raised a total of $29.5M across 2 funding rounds:
Series A
$9.5M
Series B
$20M
Series A (2021): $9.5M with participation from Impact Venture Capital, RingCentral Ventures, and Madrona Venture Group
Series B (2022): $20M led by Impact Venture Capital, Madrona Venture Group, U.S. Venture Partners, Sure Ventures, Zoom Video Communications, PeopleTech Angels, Gaingels, RingCentral, and Propel(x)
Key Investors in TaskHuman
Impact Venture Capital
IMPACT Community Capital is an investment manager specializing in affordable multifamily housing debt, with 25 years of experience in the sector. Their investment focus includes securitized debt, senior permanent mortgages, bridge loans, and construction financing.
Madrona Venture Group
Founded in 1995, Madrona Venture Group is a venture capitalist investment company including consumer internet, commercial software, and services
U.S. Venture Partners
U.S. Venture Partners (USVP) is a prominent Silicon Valley venture capital firm dedicated to collaborating with entrepreneurs to develop transformative companies. Specializing in early-stage investments, USVP focuses on sectors such as cybersecurity, enterprise software, consumer products, and healthcare.
What's next for TaskHuman?
With its recent major strategic investment, TaskHuman is poised for accelerated expansion and product development. The substantial capital infusion, totaling $29.5M, indicates a strong market validation for its innovative approach to accessible health and wellness coaching. Future strategic initiatives are likely to focus on scaling its provider network, enhancing platform features, and broadening its market reach. The company's ability to attract significant backing from prominent venture capital firms suggests a robust growth strategy aimed at capturing a larger share of the burgeoning digital health and wellness market.
See full TaskHuman company page
