Thumbtack

Thumbtack

Online marketplace connecting consumers with local professionals

About Thumbtack

Simplify's Rating
Why Thumbtack is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Consumer Software

Consumer Goods

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$774.4M

Headquarters

San Francisco, California

Founded

2008

Overview

Company Historically Provides H1B Sponsorship

Thumbtack connects consumers with local professionals for various services through an online marketplace. Users can find professionals like plumbers, electricians, and landscapers by searching the platform, comparing prices, reading reviews, and booking services directly. The platform offers cost estimates based on numerous bids from professionals, helping consumers understand potential service costs. Thumbtack generates revenue by charging professionals for leads, which are inquiries made by customers through the site. This model allows Thumbtack to serve a wide range of customers across the U.S., making it easier for them to find and hire local service providers.

Simplify Jobs

Simplify's Take

What believers are saying

  • Remote work trends increase demand for home improvements and maintenance services.
  • The gig economy expansion provides a larger pool of professionals for Thumbtack.
  • AI integration in customer service enhances user experience on the platform.

What critics are saying

  • Increased competition from OfferUp could dilute Thumbtack's market share.
  • New executive hires may lead to strategic shifts disrupting current operations.
  • Reliance on lead generation revenue model may be at risk with rising competition.

What makes Thumbtack unique

  • Thumbtack connects users with 300,000 local service businesses across the U.S.
  • The platform offers personalized guidance and cost estimates for various home services.
  • Thumbtack charges professionals for leads, providing a straightforward revenue model.

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Funding

Total Funding

$774.4M

Above

Industry Average

Funded Over

10 Rounds

Notable Investors:
Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Remote Work Options

Paid Holidays

Phone/Internet Stipend

Mental Health Support

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Thumbtack
Feb 25th, 2025
Welcoming Drew Harry, Thumbtack's Vice President of Data Science

Thumbtack, Inc. recently welcomed Drew Harry as its new Vice President of Data Science.

GlobeNewswire
Dec 18th, 2024
RentRedi Partners with Thumbtack to Make Hiring Home Service Professionals Easy

NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) - RentRedi, the fastest-growing property management software, has partnered with Thumbtack, the technology company helping millions of people confidently care for their homes.

Law.com
Dec 10th, 2024
Home Improvement App Thumbtack Hires Ex-SmileDirectClub Legal Chief

In 2021, Thumbtack secured a $275 million investment at a valuation of $3.2 billion, in a round led by Qatar Investment Authority.

Thumbtack
Dec 10th, 2024
Welcoming Susan Rammelt, Thumbtack's Chief Legal Officer

Susan Rammelt recently joined Thumbtack as its new Chief Legal Officer, where she'll lead its legal and trust & safety teams.

Coverage
Nov 13th, 2024
Townsq Partners With Thumbtack

Software company that offers property management solutions. TownSq <i class="fa fa-info-circle company-popover" data-content="h3TownSq/h3. div

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