• Airtasker

  Participated · Equity · Oct 2017

  Airtasker operates a two-sided marketplace where consumers post tasks—ranging from home repairs to administrative support—and qualified ‘Taskers’ bid to complete the work. The company leverages media-for-equity partnerships to build brand awareness and accelerate geographic expansion in Australia, the United States, and the United Kingdom. In FY25, Airtasker’s revenue increased 12.8% to A$52.6 million, driven partly by a 111% surge in UK marketplace sales to A$21 million. Despite a net loss of A$31.5 million—largely attributable to A$46.3 million in sales and marketing spend and unrealised accounting losses—the business achieved positive free cash flow of A$1.2 million. Management views proactive marketing, particularly through media partnerships, as critical to scaling the platform and cementing Airtasker as a household name in key markets. The company has secured more than A$51 million in media deals during 2024 with partners such as oOh!media, ARN, TelevisaUnivision, iHeartMedia, Sinclair and Mercurius. Airtasker’s current focus is to deepen penetration in the UK while continuing to grow its user base and task volume across existing regions.

• Belron

  Participated · Seed · Jan 2016

  CarGlass is a San Francisco–based technology company founded in 2014 by CEO Stanley Yuan that connects drivers to content and information. Its core product, Otto Radio, creates personalized playlists of news and podcasts based on users' interests and the length of their commute. The company also launched TryPod™, a podcast sampling feature designed to accelerate discovery of new shows. Otto Radio launched on October 5, 2015 and has served almost 400,000 news stories and podcasts; the app is free on iOS and an Android version was scheduled for release in Q2 2016. CarGlass raised $3M in funding and intends to use the proceeds for new hires, product development and U.S. expansion. Backers named in the article include Byron Asset Management, Morning Crest Capital and two other family offices.

No current team members are available.