Per-door pest coverage for rental housing, wired into the property manager's software so a resident's pest report turns into a professional treatment without the usual blame game.
~2,000 property-manager clients · 300,000+ doors at $5–$29/door/month · ~$17–18M expected for 2026
Sell the vitamin, not the cure: PestShare charges every door $5–$29 a month for coverage, and the whole business rests on convincing managers that "you're not having any issues because you have pest control."
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PestShare is an on-demand pest-control platform for rental housing. Co-founder Justin Clements, a former D1 college football player, describes the problem as a broken handoff: a resident spots pests, nobody is sure who pays, and the request bounces between resident, property manager and exterminator. PestShare integrates with the manager's property-management software, lets residents report a problem in a few clicks, uses its Pest IQ triage to identify the pest, and routes the job from work order to a professional treatment. Pricing works like a warranty: $5 to $29 per door per month, either embedded in the lease or paid by the landlord. The company launched in 2019, was bootstrapped until 2020, then raised about $1M in seed money and a $4M bridge. Clements says it crossed $1M in revenue around 2022, finished 2025 at just over $10M after doubling every year since 2024, and expects about $17–18M by the end of 2026. It serves close to 2,000 property-management companies covering more than 300,000 doors, and closed a $28M Series A at a $100M valuation in 2025.
PestShare sells to property managers, not residents, and that choice is the lesson for anyone copying it. A resident with roaches is one support ticket; a management company with 150 doors is a recurring contract.
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“Where did you finish in December 2025? December 10 million in 2025.”
0:19 · hear it in the videoData credibility: Co-founder Justin Clements stated the figures himself: just over $10M for 2025, a first $1M year around 2022 ("don't quote me on that"), and roughly $17–18M expected by the end of 2026, which is a forecast. He called the host's back-of-envelope estimate of $1.5–3M a month (doors × plan price) "about right"; that range is the host's multiplication, not a reported number. Logo and door counts are approximate. No dashboard or filing was shown.
For a coverage product like PestShare, the first dollar is a per-door contract, not a one-off treatment fee.
PestShare’s flywheel is built around embedding the service into the lease and property-management system. Once a portfolio adopts the program, residents can request service within a familiar workflow, the manager gets visibility into requests, and the platform gains operational data across properties.
A vertical service platform can have a long path from first product to repeatable scale because it must coordinate software, property operations, and local service capacity. PestShare’s founder described a launch in 2019 and a first million-dollar year around 2022, followed by substantial growth.
PestShare connects residents, property managers, and pest-control providers through a property-management workflow. A resident can submit a pest issue, use Pest IQ to help identify it, and move the request into a work order that leads to service. Property managers receive visibility into requests and pest patterns across their portfolios. The platform’s service can be offered as coverage embedded in a lease or structured so a landlord or resident pays directly. This makes it more than a ticketing tool: the business combines software integration, resident communication, service-provider coordination, and coverage design. The product’s advantage depends on fitting into systems property managers already use and making the operational handoff dependable. AI-assisted identification can reduce uncertainty for residents, but it must lead to an accurate triage and timely professional response. The core product promise is a lower-friction and more visible resolution process.
PestShare prices pest coverage on a per-door basis, with plans from $5 to $29 per month according to the founder. Property managers are the core customer, though the payment can be passed to residents or paid by the landlord depending on the arrangement. The company reported more than 300,000 doors and 2,000 property-management logos. The founder said revenue exceeded $10 million in 2025 and forecast roughly $17–$18 million for 2026. These are founder-reported figures; the interviewer’s estimate of $1.5 million to $3 million monthly based on multiplying doors by the price range was acknowledged as directionally right, but it is not a precise revenue calculation. Per-door billing creates portfolio expansion potential, while coverage costs and service utilization determine margin. Track active doors, plan mix, cases per door, provider cost, and renewal separately. Signed coverage is not equivalent to fully activated revenue when lease cycles affect activation.
Our read: the expensive parts of this business are operational, so an operator building in this category should focus first on integrations, customer onboarding, pest-service fulfillment and case resolution. Model costs by pest type and geography, because a bedbug or cockroach case can require different labor and repeat visits than routine prevention. Keep contracted revenue, activated doors, service utilization and live ARR in separate dashboards. Clements explained that lease renewals create a lag between contracted coverage and fully activated doors, so customer success must convert portfolio agreements into live usage. He also said his growth-equity investors' first push was tracking gross margin and allocating COGS line by line, which tells you where the hard questions in this model sit. A property-level system of record, integration monitoring and provider quality controls will matter more to margin than adding a broad list of AI features. Reconcile software and service costs monthly by cohort.
Copy PestShare’s strategy of attaching a recurring service to an existing property workflow and solving a pain shared by residents and managers. The per-door model gives buyers a clear unit, and embedding coverage into leases can make adoption easier than asking every resident to find a provider independently. Also copy the emphasis on measuring both portfolio logos and doors, since a logo count alone hides the scale of each relationship. Change the capital and operational expectations. PestShare raised a substantial Series A and coordinates physical service, making it a difficult business for a solo software builder to reproduce. A smaller entrant could start with one city, one property-management platform, and a limited pest category. Prove response times, utilization, renewal, and service cost before expanding coverage. Avoid treating signed doors as live revenue until activation occurs. The transferable idea is workflow ownership in a neglected vertical; the full service network is a much larger undertaking.
PestShare’s risks include expensive service cases, inconsistent local provider capacity, slow property-system integrations, and resident confusion over who pays. Preventive coverage also has a messaging challenge: when the program works, residents may see fewer pests and question why they should keep paying. Property managers need clear evidence that coverage improves resident experience and reduces operational friction. Contracted doors can take time to activate as leases renew, so a large signed portfolio may not immediately convert to live ARR. The founder described a goal of reaching roughly $17–$18 million in 2026 after reporting over $10 million for 2025; forecasts should remain distinct from realized revenue. Track case frequency and cost by pest type, door activation, service-level performance, gross retention, and contribution margin. If utilization rises faster than pricing or vendor efficiency, the coverage model can lose economics even while revenue grows. Quality failures can also damage trust with both residents and property managers.
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