CapitalG helped the domestic services marketplace almost double its valuation to $3.2bn in a round that boosted its total funding to nearly $700m.
Thumbtack, the US-headquartered operator of a home renovation services marketplace, raised $275m yesterday from investors including CapitalG, the growth equity arm of internet and technology conglomerate Alphabet.
Sovereign wealth fund Qatar Investment Authority led the round, which also featured Blackstone’s Alternative Asset Management subsidiary, G Squared, Baillie Gifford, Founders Circle Capital, Sequoia Capital and Tiger Global Management. The round valued the company at $3.2bn.
Founded in 2008, Thumbtack has developed a mobile app through which users can book a range…
