Pest Share, a pest control amenity platform designed for property managers and their residents, recently closed a $28 million Series A funding round. Landon Cooley, CEO and Co-Founder of Pest Share, discussed the company's evolution since its 2020 launch, its transformative impact on the property management industry, and plans for future growth.
Cooley noted that pest control has long been a pain point for property managers, and Pest Share's tailored solution found immediate traction. The company has since built a nationwide business expanding into all segments of residential property management. The Series A funding marks recognition of Pest Share as a category-defining company, with Cooley believing their innovative method of delivering pest control services will become standard across professionally managed rental housing.
Pest Share transforms pest control through a tech-centric business model that automates service dispatch and connects residents with a national network of vetted providers. Property managers can use it as a standalone solution or offer it as an amenity to residents. The platform reduces operational headaches, improves service quality, and unlocks new revenue streams. Cooley emphasized that Pest Share helps property managers elevate the resident experience and deliver a seamless method for resolving pest issues.
To stay relevant amid emerging competitors, Cooley highlighted the team's deep pest management expertise, which spans decades and generations. Pest Share's understanding of the sector, national network of providers, and use of modern AI technology deliver faster, more automated experiences for residents and deeper integrations for property managers. The company has built strategic partnerships with major industry leaders.
Cooley described his approach to building high-performing teams, which starts with finding people who fit the unique company culture. Transparency and accountability are key, with each team member understanding the vision and their role in achieving goals. Cooley prides himself on surrounding the company with people who are smarter and more capable, aligning them around unified goals to achieve fantastic results.
Pest Share currently services over 300,000 residential units in 48 states and works with over 700 property management companies, including Re/Max, Roofstock, and ARK Homes For Rent. Following the Series A, the company plans to use the capital to fuel growth in single-family and multifamily rental markets, invest in product development, expand go-to-market initiatives, and develop strategic integrations with other leading industry software.
