Pestshare

Pestshare

Property Manager Pest Control Made Easy. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$23m (Public information from Jun 2024)
Nampa Idaho (HQ)
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DateInvestorsAmountRound

$1.0m

Seed
*

$4.5m

Seed
*
N/A

$2.7m

Valuation: $22.5m

Seed
Total Funding$8.2m

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PestShare is a startup that provides an innovative pest control solution tailored specifically for property managers and their tenants. Operating in the property management market, PestShare offers a streamlined and cost-effective way to handle pest control issues across multiple properties. The company’s primary clients are property managers, property owners, and tenants who benefit from a shared pest control service.

The business model of PestShare revolves around a subscription-based service where property managers enroll their properties into the PestShare program. When a pest issue arises, tenants can easily submit a claim through an online portal. This claim is then processed by PestShare, which coordinates with pest control service providers to address the issue promptly. By pooling resources and spreading the cost across multiple properties, PestShare is able to offer pest control services at a significantly reduced rate compared to traditional methods.

PestShare makes money through subscription fees paid by property managers. These fees cover the cost of pest control services and the operational expenses of managing the claims and coordinating with service providers. The company also offers additional services such as recurring pest control treatments and move-out treatments, which can be added to the subscription plan for an extra fee.

The key value proposition of PestShare is its ability to provide affordable, efficient, and hassle-free pest control services. By eliminating the need for direct communication between tenants and property managers regarding pest issues, PestShare enhances the quality of living for tenants and reduces the administrative burden on property managers.

In summary, PestShare operates in the property management market, serving property managers, owners, and tenants with a subscription-based pest control service that is both cost-effective and efficient.

Keywords: pest control, property management, tenants, subscription service, online claims, cost-effective, shared resources, recurring services, move-out treatments, quality of living.