PestRoutes Takes Growth Equity Investment to Innovate and Scale
Capital from Mainsail Partners will be used to accelerate product development and enhance customer service.
McKinney, TX, March 21, 2018 – PestRoutesSM, a provider of business management software for the pest control industry, announced the company has taken an equity investment from Mainsail Partners, a growth equity firm that invests in fast-growing software companies. The company will use the capital to accelerate development of its cloud-based, mobile-friendly software platform used by pest control companies to run their day-to-day operations. Additionally, the company will further invest in its industry-leading customer service to continue to deliver the high quality of service its customers have come to expect.
“This is an exciting moment in our company’s history,” said Jared Green, founder and CEO of PestRoutes. “We are proud to have built a product that makes such a big impact on our users’ daily lives,” added Green. “But we feel like we have just scratched the surface on the value we can provide with this platform and recognize that the opportunities in front of us are outpacing our resources. The time is right to bring on a partner who can help us move fast. Mainsail has not only demonstrated they have the experience and resources to help us scale the company, but fit very well culturally with the values which are foundational to our continued success.”
PestRoutes was created by Green to help with his door-to-door pest control sales efforts. After realizing the existing pest control ERP systems were expensive, dated and bulky, Green focused on building a solution that was powerful, yet easy-to-use by pest control businesses of all sizes. He also recognized the importance of mobile functionality for the end-user and took a “mobile first” approach to building the product.
“This is another case where a smart and resourceful entrepreneur created a solution to solve a very specific business problem,” said Stephanie Gaufin, Vice President at Mainsail Partners. “Jared was his own first user as the Sales Manager in a pest control company which we have found tends to result in a very customer-centric approach to product development and top tier customer service,” added Gaufin. “PestRoutes is well positioned as an innovator in a growing and resilient market and we are excited to partner with the team to scale the company.”
PestRoutes is a complete, end-to-end software solution which helps Pest Control companies lower operating costs, earn more customers, and increase customer retention. The easy-to-use and mobile friendly software automates all aspects of field service operations, including route optimization, real-time technician tracking, customer communications, scheduling, sales enablement and billing. For more information, please visit www.pestroutes.com.
About Mainsail Partners
Mainsail Partners is a San Francisco-based growth equity firm that invests in fast-growing bootstrapped software companies. For 15 years, the firm has partnered with exceptional founders and entrepreneurs across numerous end-markets. Mainsail has a team of experienced operating professionals to help entrepreneurs scale their businesses and accelerate growth. The firm has raised more than $750 million in committed capital. For more information, please visit www.mainsailpartners.com.