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

$680.3M

Headquarters

San Francisco, California

Founded

2008

Overview

Company Historically Provides H1B Sponsorship

Thumbtack operates an online marketplace that connects consumers with local professionals for various services, including home repairs, event planning, and personal assistance. Users can search for services, compare prices, read reviews, and book professionals directly through the platform. Thumbtack provides cost estimates based on data from millions of bids submitted by professionals, helping consumers understand potential costs. The company generates revenue by charging professionals for leads, which are inquiries made by customers through the platform. This model allows Thumbtack to serve a wide range of customers across the U.S., from urban areas to rural communities, while offering professionals a streamlined way to find new clients.

💵
Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with OfferUp expands market reach and customer base.
  • $75 million financing boosts technology investment and service expansion.
  • Experienced leaders enhance legal and user research capabilities, improving trust and experience.

What critics are saying

  • Increased competition from OfferUp could dilute Thumbtack's market share.
  • Dependency on RentRedi partnership may risk customer acquisition dynamics.
  • Reliance on external funding could be risky if market conditions change.

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, ensuring a straightforward revenue model.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$680.3M

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

↑ 1%

2 year growth

↑ 0%
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

Thumbtack
Oct 24th, 2024
Elevating researchers to holistic product leadership

Nicole Bacchus joined Thumbtack as Head of User Research about a year ago.

Recently Posted Jobs

Sign up to get curated job recommendations

Thumbtack is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Thumbtack's jobs every 8 hours, so check again soon! Browse all jobs →