The CapitalG-backed local services portal is now valued at $1.7bn having nabbed $150m in a round led by Sequoia Capital that took its total funding to more than $420m.
Thumbtack, a US-based local services listing platform backed by internet and technology conglomerate Alphabet, received $150m yesterday in a series H round led by venture capital firm Sequoia Capital.
Asset management firm Baillie Gifford also took part in the round, which valued Thumbtack at $1.7bn. A regulatory document last month indicated the company had raised $120m at a flat valuation of $1.3bn.
Thumbtack operates an online marketplace where local professionals can advertise their services to customers. It has grown…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
