Seven West Media invests in Airtasker as start-up, raises $22m

Australian task outsourcing business Airtasker has raised $22m in a new funding round, with Seven West Media signing on to be a cornerstone investor.

AirtakesThe four-year-old Sydney start-up has sold Seven West a 15% stake and agreed to media support and investment to help drive the growth of the platform, which allows users to post a job they need done with a suggested payment amount.

Seven West Media CEO and managing director, Tim Worner, said: “We are delighted to partner with and support the growth of Airtasker.

We continue to pursue opportunities to build our company through key strategic investments in new disruptive ventures which can scale rapidly with the benefit of the promotional power of our assets.

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