About Thumbtack
Thumbtack is a company based in San Francisco (United States) founded in 2008 by Jeremy Tunnell, Sander Daniels, Jonathan Swanson, and Marco Zappacosta.. Thumbtack has raised $698.85 million across 10 funding rounds from investors including SVB, Blackstone and Hercules Capital. Thumbtack has completed 2 acquisitions, including HeartThis and Setter. Thumbtack operates in a competitive market with competitors including Urban Company, Spruce, Amenify, Schedulicity and Hidrent, among others.
- Headquarter San Francisco, United States
- Founders Jeremy Tunnell, Sander Daniels, Jonathan Swanson, Marco Zappacosta
- Stage Unicorn
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Sectors
Business ServicesConsumer
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Phone
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Website
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Social
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Software Development Team
144 people
Sales and Marketing
42 people
Product Management Team
36 people
Leadership Team
22 people
Operations Team
20 people
Senior Team
16 people
Human Resources and Administration
15 people
Finance and Accounting
13 people
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Funding Insights of Thumbtack
Thumbtack has successfully raised a total of $698.85M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $75 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Debt – Conventional — $75.0M
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First Round
First Round
(19 Jun 2009)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Debt – Conventional - Thumbtack | Valuation |
investors |
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| Jun, 2021 | Amount | Series H - Thumbtack | Valuation | Qatar Investment Authority | |
| Jul, 2019 | Amount | Series H - Thumbtack | Valuation | Sequoia Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Thumbtack
Thumbtack has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Blackstone and Hercules Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location | |
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Growth-stage technology companies are funded via primary and secondary investments.
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Founded Year | Domain | Location | |
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Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Thumbtack
Thumbtack has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HeartThis and Setter. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Home maintenance services are facilitated via an online platform.
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2015 | ||||
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Multi-category fashion products are sold via an online marketplace platform.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Thumbtack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thumbtack Comparisons
Competitors of Thumbtack
Thumbtack operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Urban Company, Spruce, Amenify, Schedulicity and Hidrent, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Customers are connected with vetted professionals for on-demand home services.
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| domain | founded_year | HQ Location |
On-demand local services are booked via an online marketplace.
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| domain | founded_year | HQ Location |
Provider of housekeeping services for multi-family apartments
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| domain | founded_year | HQ Location |
Local services are booked via an online scheduling platform.
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| domain | founded_year | HQ Location |
Local services marketplace connects users with professionals online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Thumbtack
Frequently Asked Questions about Thumbtack
When was Thumbtack founded?
Thumbtack was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Thumbtack located?
Thumbtack is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Thumbtack?
Marco Zappacosta is the current CEO of Thumbtack. They have also founded this company.
Is Thumbtack a funded company?
Thumbtack is a funded company, having raised a total of $698.85M across 10 funding rounds to date. The company's 1st funding round was a Series H of $150M, raised on Jun 19, 2009.
What does Thumbtack do?
Thumbtack was founded in 2008 in San Francisco, United States. An app-based platform is maintained to link users with professionals in sectors like plumbing, house cleaning, landscaping, and photography. Requirements are outlined by users via guided questions, after which custom quotes are supplied by vetted providers. Options for comparing prices and reviews are offered, with hiring facilitated online across local markets.
Who are the top competitors of Thumbtack?
Thumbtack's top competitors include Urban Company, Spruce and Schedulicity.
How many acquisitions has Thumbtack made?
Who are Thumbtack's investors?
Thumbtack has 13 investors. Key investors include SVB, Blackstone, Hercules Capital, Baillie Gifford, and Qatar Investment Authority.
What is Thumbtack's valuation?
The valuation of Thumbtack is $3.2B as of Jun 2021.
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