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Airtasker (ASX:ART), the online services marketplace, divides small-cap managers between its growth momentum and its path to profitability. In May 2026, Saville Capital added to its position, describing the stock as trading on an all-time-low valuation after halving in eight months, largely due to tax-loss selling. Underwood Capital highlighted accelerating Australian growth, with gross marketplace volume up 17% in the March quarter. Endeavor Asset Management, however, exited in July after questioning when Airtasker would reach profitability. Airtasker operates in the Communication Services sector within the Interactive Media and Services industry, and Thesis Tracker has captured 29 comments from 6 fund managers, including Saville Capital, Underwood Capital and Endeavor. Founded in 2012 by Tim Fung and Jonathan Lui and headquartered in Sydney, Airtasker runs an online marketplace connecting people and businesses with local service providers in Australia, the UK and the US.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Saville Capital, Endeavor Asset Management, Underwood Capital, HD Capital Partners, Renaissance Asset Management and Ryder Capital have invested in Airtasker Ltd (ASX:ART).
Saville and Underwood highlight a sharp acceleration in Australian gross marketplace volume growth to around 17%, supported by brand marketing spend, rapid growth in international businesses and a valuation Saville considers the lowest in Airtasker's history.
Endeavor exited because the business remains loss-making and it was uncertain when Airtasker would reach net profitability, and the shares fell 18% in a month amid broad small-cap technology weakness.
Airtasker Ltd. is a community marketplace connecting individuals and businesses with local service providers and flexible staff. Founded in 2012 by Tim Fung and Jonathan Lui and headquartered in Haymarket, Australia, the platform facilitates task outsourcing through online and mobile interfaces. The company manages its operations through two distinct segments: Established Marketplaces and New Marketplaces. Airtasker provides a structured, digital environment for efficient service sourcing and professional engagement within the gig economy.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.