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Thumbtack Secures $275 Million Investment At $3.2 Billion Valuation

Jun 15, 2021•over 4 years ago

Amount Raised

$275 Million

San Francisco

Description

Thumbtack, the modern home management platform, today announced it has secured a $275 million investment at a valuation of $3.2 billion. The round was led by Qatar Investment Authority (QIA) and joined by Blackstone Alternative Asset Management (BAAM) as well as G Squared. Prior investors Baillie Gifford, CapitalG, Founders Circle Capital, Sequoia Capital, and Tiger Global Management also participated. The new funding will be used to accelerate innovation, fuel the company’s growth, and drive continued adoption.

Company Information

Company

Thumbtack

Location

San Francisco, California, United States

About

Thumbtack is a technology leader building the modern home management platform. Through the Thumbtack app, homeowners can effortlessly manage their homes — confidently knowing what to do, when to do it, and who to hire. Bringing the $500 billion home services industry online, Thumbtack empowers millions of homeowners to fix, maintain, and improve their most valuable asset. The company is backed by Sequoia Capital, Tiger Global Management, Javelin Venture Partners, Baillie Gifford, and CapitalG, among others.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech