Thursday, January 24, 2019

TaskUs Continues Rapid Growth, Hits 15,000 Employees

Santa Monica-based business process outsourcing provider TaskUs, which provides customer service/experience, business processing, and other services to companies like Tinder, Hootsuite, and Mailchimp, has hit 15,000 employees, as it continues its rapid growth. According to the company, it nearly doubled its number of employees in the past year, and saw 120 percent revenue growth. TaskUs CEO Bryce Maddock said in a statement that 2018 was the best year in the company's history. The company says it now has an over $500M valuation, with those 15,000 employees spread across 18 offices. The company, which is now backed by private equity investor Blackstone, was started by Bryce Maddock and Jaspar Weir with $20,000, living with their parents for the first three years before the company took off.

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