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Tasklet Secures $20 Million Investment From Union Square Ventures And Lightspeed At $175 Million Valuation

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Tasklet Secures $20 Million Investment From Union Square Ventures And Lightspeed At $175 Million Valuation

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Summary

Transaction Type:Sale

Tasklet has raised $20 million in a funding round led by Union Square Ventures and Lightspeed, with additional participation from Y Combinator, Jeff Dean, Patrick & John Collison. The company's valuation stands at $175 million following this investment. Tasklet aims to expand its operations by enhancing its team in San Francisco, adding 11 new roles as it exits beta and scales its cloud-based AI agent operating system.

Summary of transaction details:

  • Deal Type: Investment
  • Transaction Amount: $20,000,000
  • Valuation: $175,000,000
  • Founder: Andrew Lee
  • Headquarters: San Francisco, California
  • Notable Investors: Union Square Ventures, Lightspeed, Y Combinator, Jeff Dean, Patrick & John Collison

Founded by Andrew Lee, Tasklet has demonstrated significant growth, achieving over 1,200% growth in Q1 2026 and crossing $5 million in Annual Recurring Revenue (ARR). The startup, which recently rejoined Y Combinator after a 15-year gap, is focused on building a system that connects various work tools, provides custom user interfaces, and operates continuously.

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IMAGE: founded by Andrew Lee, just raised $20 million in a round led by Union Square Ventures and Lightspeed, with participation from Y Combinator, Jeff Dean, Patrick & John Collison, and others, valuing the company at $175 million. The startup, which recently rejoined Y Combinator after 15 years, has grown over 1,200% in Q1 2026 and crossed $5 million ARR, and is building a cloud-based AI agent operating system that connects to every work tool, performs real actions, generates custom UIs, and runs 24/7. With this new funding, Tasklet is expanding its team with 11 roles in San Francisco as it exits beta and scales its platform for enterprise and individual users. FOUNDER: Andrew Lee INVESTORS: Union Square Ventures and Lightspeed, Y Combinator, Jeff Dean, Patrick & John Collison AMOUNT: $20,000,000 VALUATION: $175,000,000 HQ: San Francisco, California

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