Insight
Founders must prove contracted-to-live ARR conversion before fundraising
“Being able to give yourself enough time before you actually start fundraising, build that talk track, to build the proof in the pudding ultimately, to say, here's our contracted revenue, this is ultimately how we're converting, this is our confidence in the co…”
Disclosure
PestShare raised its $28M Series A at a $100M valuation
“Yeah, we said a hundred million dollar valuation. You're right on the nose.”
Assertion Supported
PestShare is the first on-demand residential pest control platform
“So we're a kind of first ever on demand pest control platform that's designed to give residents the tools directly in their hands to request pest control services.”
Assertion Not checkable as stated
PestShare manages 300,000 doors across 2,000 customer logos
“I think we're at roughly about close to 2000, and then on doors under management, ultimately, where I think we're, we just breached over about 300,000 now.”
Disclosure
PestShare charges between $5 and $29 per door monthly
“So by door, ultimately, it ranges from anywhere from five dollar plans all the way up to a 29 dollar plan, and really the way that it works is it's very much, very similar to kind of a warranty basis, and so we have a coverage-based system, so we'll have certa…”
Prediction Not checkable as stated
PestShare projects $17M to $18M in ARR for 2026
“We'll end about this year, probably around 17, eighteen million.”
Assertion Not checkable as stated
PestShare finished 2025 at just over $10M in ARR
“We finished in 25 just over five million, sorry, just over ten million in 20, 25.”
Assertion Not checkable as stated
PestShare has roughly doubled its revenue every year since inception
“We've doubled pretty much every year since inception early days. We did a little bit more since 20, 24. We've doubled every, every single year, and we're looking to do the same thing this year.”
Disclosure
$25M of PestShare's $28M Series A was primary capital
“Most of it was primary. I think only did a, like a very small portion of secondary, but most of it, I'm going to say 25 was primary.”
Disclosure
IGP's first priority was restructuring PestShare's P&L and COGS
“I would actually say that they're the biggest thing that they kind of first started to work through was creating a sustainable and repeatable you know, model ultimately. And what I mean by that is tracking the right things and understanding in the right way, w…”
Disclosure
PestShare's Series A founder secondary was spurred by lead investor IGP
“Actually, it was spurred by IGP.”
Disclosure
PestShare raised a $1M seed and $4M bridge before Series A
“We did four million in the bridge, and then one million in the seed.”
Disclosure
PestShare was entirely bootstrapped until taking its first check in 2020
“We were bootstrapped until twenty-twenty, when we took our first check”
