Online services marketplace operator Thumbtack has added $120m to its funding arsenal, bringing the Alphabet-backed company’s total equity to more than $390m.
Thumbtack, a US-based local services listing platform backed by internet and technology conglomerate Alphabet, has raised $120m in series H funding from unnamed investors, TechCrunch reported on Thursday, citing a regulatory filing.
The company reportedly raised the money at a flat valuation of $1.3bn. Rumours had suggested Thumbtack had been exploring a sale to either competitors or complementary businesses.
Founded in 2008, Thumbtack runs a marketplace where merchants can advertise their services to local customers. It charges merchants a fee…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
