TaskHer raises US$0.8M (£650K) seed round to expand tradeswomen platform
TaskHerCompany
Trust for LondonInvestor
Resolution FoundationInvestor
Ufi VocTech TrustInvestor
Second Century VenturesInvestor
TaskHer, a London‑based SaaS marketplace that links homeowners with verified tradeswomen, closed a £650,000 (US$0.8 million) seed round on July 30, 2026. The round was co‑led by Trust for London, Resolution Ventures, Ufi Ventures and Second Century Ventures and will fund B2B expansion and platform enhancements. The capital positions TaskHer to address the UK trades gender gap while tapping new revenue streams from housing associations and refuges.
TaskHer has closed a £650,000 (US$0.8 million) seed round to accelerate the growth of its tradeswomen‑focused marketplace. The funding, announced on July 30, 2026, was co‑led by Trust for London, Resolution Ventures, Ufi Ventures and Second Century Ventures, the latter participating through the REACH UK programme.
Deal Terms
The seed round brings together four impact‑oriented investors, each of which will take a minority equity position. While the post‑money valuation was not disclosed, the round size aligns with typical early‑stage SaaS seed financings in the UK, suggesting a valuation in the low‑single‑digit millions. All investors are known for backing gender‑balanced and climate‑positive enterprises, underscoring the strategic fit with TaskHer’s mission.
Market Context
TaskHer operates a two‑sided SaaS platform that vets tradeswomen, matches them with homeowners, and now targets institutional partners such as housing associations, women’s refuges and lettings agencies. The UK trades sector suffers a pronounced skills shortage, with women representing less than 3 % of the skilled workforce. By creating a transparent marketplace, TaskHer aims to lower entry barriers for women, improve retention, and generate repeat revenue from B2B contracts.
The capital will be deployed to deepen the B2B sales engine, integrate with partner procurement systems, and enhance the mobile‑first booking experience. In the short term, the company expects to add a handful of enterprise contracts that could lift its annual recurring revenue (ARR) by double‑digit percentages. Longer‑term product road‑maps include a subscription‑based service tier for tradeswomen to access marketing, insurance and financing tools, a model that could lift gross margins toward the 70‑80 % range typical of niche vertical SaaS.
TaskHer’s founders, Anna and Paul Moynihan, cite the round as a “vote of confidence” in their vision to normalise women in the trades. With seed‑stage capital now in hand, the company is positioned to move from a consumer‑focused marketplace to a hybrid B2C/B2B operator, a transition that could accelerate path‑to‑profitability and set a precedent for other gender‑focused SaaS ventures.
Why It Matters
The infusion of seed capital gives TaskHer a runway to outpace generic home‑service platforms that lack a gender‑focused value proposition. By securing early contracts with housing associations and refuges, TaskHer can lock in recurring enterprise revenue that is less price‑elastic than consumer‑driven bookings, raising its net revenue retention potential. Competitors such as Handy or TaskRabbit, which operate broad‑scope marketplaces, will now face a differentiated player that can claim deeper trust and compliance in regulated housing environments.
For the investors, the round validates a growing appetite for niche vertical SaaS that tackles systemic workforce imbalances. Success will likely encourage additional capital toward similar gender‑centric marketplaces, prompting incumbents to consider partnership or acquisition strategies to capture the emerging B2B channel.
Key Points
- TaskHer raised £650,000 (US$0.8 million) in a seed round led by Trust for London, Resolution Ventures, Ufi Ventures and Second Century Ventures
- The funding will be used to expand B2B partnerships with housing associations, women’s refuges and lettings agencies
- Women comprise less than 3 % of the UK skilled trades workforce, a gap TaskHer aims to narrow
- TaskHer’s platform combines marketplace matching with SaaS tools, targeting higher‑margin subscription revenue
- All investors are participating through the REACH UK programme, highlighting an impact‑focused investment thesis
Analysis
TaskHer’s seed round arrives at a moment when niche vertical SaaS is attracting premium valuations, even at early stages. While the company’s post‑money valuation was not disclosed, seed‑stage deals in the UK typically command 5‑10x projected ARR, implying investors see a multi‑million ARR trajectory within the next 18‑24 months. The focus on B2B contracts with housing associations and refuges introduces a higher‑margin, recurring revenue stream that can boost net revenue retention well above the 100 % benchmark common in consumer‑only marketplaces.
The broader market trend shows investors gravitating toward platforms that solve entrenched talent shortages—particularly those that can quantify social impact. TaskHer’s model aligns with the "impact‑first" investment thesis, where gender diversity and skills development are measurable outcomes. If the company can scale its enterprise sales engine, it may achieve gross margins in the 70‑80 % range, a sweet spot for SaaS valuations that often exceed 10‑12x ARR at Series A.
For operators, the deal underscores the importance of building a dual‑track go‑to‑market strategy: a consumer‑facing marketplace that fuels brand awareness, paired with a B2B sales motion that locks in predictable revenue. Investors will likely watch TaskHer’s ability to convert early B2B pilots into multi‑year contracts as a bellwether for the viability of gender‑focused vertical SaaS at scale.