TaskUs is an outsourcing company that handles content moderation for companies including Facebook and DoorDash.
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| Industry | Outsourcing company |
|---|---|
| Founded | 2008 |
| Founders | Bryce Maddock, Jaspar Weir |
| Headquarters | New Braunfels, Texas |
Key people |
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| Website | www |
It was founded by Bryce Maddock and Jaspar Weir in 2008 in Santa Monica, California.[1]
The company moved its headquarters to San Antonio, Texas in 2017, then to New Braunfels, Texas in 2018. [2] Its revenue for the first half of 2021 was $332.9 million. The company's principal operations are in the Philippines, with about 19,000 employees (70% of their total) located there. About 4000 employees are located in the United States.[3][4][5][6]
Early funding included $15 million from Navegar, a private equity fund in the Philippines, and a $14 million loan from Bridge Bank. The Blackstone Group invested $250 million in 2018.[1][3][7]
The company had its initial public offering in June 2021; it is traded on NASDAQ as Nasdaq: TASK. Approximately 30% of the company's revenue is from providing content moderation for Facebook, and about 12% is from DoorDash.[8][9][10][11]
Other customers include Coinbase (beginning in 2017), Netflix, Zoom (beginning in 2020), Whisper, Tinder, AutoDesk, and Uber (beginning in 2013).[1][3][12]