MyTaskit completes round of fundraisingPosted on
Software platform MyTaskit said it officially closed a seed funding round and made a key board addition.
The company, which said it has raised $11.8 million to date, is planning a Series A round in the second half of this year. The funding raised to date has fueled operations growth and the acquisition of two companies.
MyTaskit also welcomed board member Charles Horn, the founder and chairman of Arizona-based 5Lights and Pro Private Equity Group/PBMS.
With Horn’s debut, MyTaskit formalizes a deal with 5Lights to boost marketing management services for strategic growth planning, mergers and acquisitions and executive operational support.
Horn joins George Conrades, managing partner of Longfellow Venture Partners and chairman of Akamai, as an investor and MyTaskit board member.
He also joins MyTaskit founder and CEO Kevin Hutchinson, who was the founding CEO of Surescripts and the former CEO of Prematics.
“The expertise from Charlie and the 5Lights team will accelerate MyTaskit’s growth and allow us to advance our innovation,” Hutchinson said in a statement. “We’re looking forward to the Series A round later this year to support our strategic growth plans and to further build out our world-class service coordination solution for small- and medium-sized businesses in the marine industry and beyond.”
“The goal of every service mission and task is to solve customers’ needs quickly and cost-efficiently and to exceed their expectations, resulting in a very satisfied customer,” Horn said. “MyTaskit’s service coordination solution is the future of task management. Its thousands of users are a testament to the efficiencies created by the platform. We are thrilled to join Kevin Hutchinson and his excellent management team for an exciting future.”