TaskUs, Inc. is an outsourcing company that handles

content moderation On Internet websites that invite users to post comments, content moderation is the process of detecting contributions that are irrelevant, obscene, illegal, harmful, or insulting with regards to useful or informative contributions. The purpose of ...

for companies including

Facebook Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin ...

and

DoorDash DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. The company is based in San Francisco, California. It went public in December 2020 on NYSE and trades under the symbol DASH. With a 56% ma ...

. It was founded by Bryce Maddock and Jaspar Weir in 2008 in

Santa Monica, California Santa Monica (; Spanish language, Spanish: ''Santa Mónica'') is a city in Los Angeles County, California, Los Angeles County, situated along Santa Monica Bay on California's South Coast (California), South Coast. Santa Monica's 2020 United Sta ...

. The company moved its headquarters to

San Antonio, Texas ("Cradle of Freedom") , image_map = , mapsize = 220px , map_caption = Interactive map of San Antonio , subdivision_type = Country , subdivision_name = United States , subdivision_type1= State , subdivision_name1 = Texas , subdivision_t ...

in 2017, then to

New Braunfels, Texas New Braunfels ( ) is a city in Comal and Guadalupe counties in the U.S. state of Texas known for its German Texan heritage. It is the seat of Comal County. The city covers and had a population of 90,403 as of the 2020 Census. A suburb just nort ...

in 2018. Its revenue for the first quarter of 2024 was $227.5 million, dropping 3.3% from its revenue of $235.3 million during the same period last fiscal year. The company's principal operations are in the

Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...

, with about 30,400 employees (63% of their total) located there . About 4000 employees are located in the United States. Early funding included $15 million from Navegar, a

private equity fund A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equit ...

in the Philippines, and a $14 million loan from

Bridge Bank A bridge bank is an institution created by a national regulator or central bank to operate a failed bank until a buyer can be found. While national laws vary, the bridge bank is usually established by a publicly backed deposit insurance organis ...

The Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate ...

invested $250 million in 2018. The company had its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

in June 2021; it is traded on NASDAQ as . Approximately 30% of the company's revenue is from providing content moderation for Facebook, and about 12% is from

. Other customers include

Coinbase Coinbase Global, Inc., branded Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work and the company lacks a physical headquar ...

(beginning in 2017),

Netflix Netflix, Inc. is an American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, it offers a ...

Zoom Zoom may refer to: Technology Computing * Zoom (software), videoconferencing application * Page zooming, the ability to magnify or shrink a portion of a page on a computer display * Zooming user interface, a graphical interface allowing for imag ...

(beginning in 2020),

Whisper Whispering is an unvoiced mode of phonation in which the vocal cords are abducted so that they do not vibrate; air passes between the arytenoid cartilages to create audible turbulence during speech. Supralaryngeal articulation remains t ...

Tinder Tinder is easily combustible material used to start a fire. Tinder is a finely divided, open material which will begin to glow under a shower of sparks. Air is gently wafted over the glowing tinder until it bursts into flame. The flaming tinder i ...

AutoDesk Autodesk, Inc. is an American multinational software corporation that makes software products and services for the architecture, engineering, construction, manufacturing, media, education, and entertainment industries. Autodesk is headquartered ...

, and

Uber Uber Technologies, Inc. (Uber), based in San Francisco, provides mobility as a service, ride-hailing (allowing users to book a car and driver to transport them in a way similar to a taxi), food delivery ( Uber Eats and Postmates), pack ...

(beginning in 2013).

References

{{Reflist Outsourcing companies Business services companies established in 2008 Business process outsourcing companies Business in the Philippines 2021 initial public offerings 2008 establishments in California Companies based in New Braunfels, Texas American companies established in 2008