Pest Share Secures $28 Million Series A Funding to Transform Property Management Pest Control
TL;DR
Pest Share's platform transforms pest control from an expense into a revenue-generating amenity, putting more money in property managers' pockets while enhancing resident satisfaction.
Pest Share automates pest control dispatch through a tech-centric platform that connects residents with vetted national service providers, reducing operational headaches for property managers.
Pest Share enhances the property management experience by providing seamless pest resolution for residents while creating better living environments through innovative service delivery.
Pest Share serves over 300,000 units across 48 states using AI technology to redefine pest control delivery with a first-of-its-kind business model.
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Pest Share, a pest control amenity platform designed for property managers and their residents, has closed a $28 million Series A funding round that marks a significant milestone in the company's evolution since its market entry in 2020. The funding represents another chapter in the company's journey toward becoming widely recognized as the category-defining company in property management pest control solutions.
The company's tech-centric business model automates pest control service dispatch and connects residents with a national network of high-quality, vetted service providers through its platform at https://pestshare.com. This innovative approach can be used as a standalone solution for property managers or offered as an amenity for residents, effectively transforming what has traditionally been a costly expense into a revenue-generating opportunity.
Pest Share currently services over 300,000 residential units across 48 states and works with more than 700 property management companies ranging from local operators with 200 units to large national brands managing over 50,000 properties. The company's client portfolio includes major industry players such as Re/Max, Roofstock, and ARK Homes For Rent, demonstrating the platform's scalability and broad market acceptance.
The platform addresses long-standing pain points for property managers by reducing operational headaches related to pest control, improving overall service quality, and unlocking new revenue streams. By delivering a seamless method for residents to resolve pest issues, Pest Share helps property managers elevate the resident experience while putting more money back into their operations.
Company leadership emphasizes that their deep domain expertise in pest management sets them apart from potential competitors. The co-founders bring decades of industry experience and generations of knowledge to the table, having built Pest Share as an extension of their existing pest management company, Pestcom Pest Management. This foundation provides critical differentiators in the experience delivered to both property managers and residents.
Looking forward, Pest Share plans to use the Series A capital to fuel continuous growth in both single-family and multifamily rental markets. Strategic investments will focus on product development, expansion of go-to-market initiatives, and developing deeper integrations with other leading industry software platforms. The company is leveraging modern AI technology to deliver faster, more automated experiences for residents while building strategic partnerships with major industry leaders.
The implications of Pest Share's growth and funding extend beyond the immediate property management industry. By creating a standardized, tech-driven approach to pest control services, the company is positioned to influence how essential property services are delivered across professionally managed rental housing. Their success demonstrates how specialized software solutions can transform traditional service industries, potentially serving as a model for other sectors seeking to modernize operational processes while enhancing customer experiences.
Curated from citybiz
