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Service marketplace Thumbtack grabs $100M from Google Capital & others

Image Credit: Thumbtack/Instagram

Thumbtack, a marketplace for services, has raised a new $100 million round of funding, the company announced today.

Thumbtack’s marketplace allows trade professionals to sell their services directly to customers. It offers a broad variety of services, including painting, tutoring, plumbing, and much more. Customers also benefit from being able to compare different service pros, pricing, and the like.

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The startup said it plans to use the new capital to grow its business, promote its marketplace, and hire additional engineers.

Google Capital, the late-stage investment arm of search giant Google, led the round. Existing investors Tiger Global Management, Sequoia Capital, and Javelin Venture Partners also participated.

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Founded in 2009, the San Francisco, Calif.-based startup has raised a total of $148.2 million in funding to date. Thumbtack competes with established service marketplace rivals like HomeAdvisor and a handful of others.

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