Thumbtack Receives $275M Investment; Valued At $3.2 Billion
- Thumbtack, a San Francisco, CA-based modern home management platform, received a $275m investment at a valuation of $3.2 billion
- The round was led by Qatar Investment Authority (QIA) and joined by Blackstone Alternative Asset Management (BAAM) as well as G Squared
- The company intends to use the funds to accelerate growth and drive continued adoption
- The company provides an app and platform for homeowners to book the right skilled professionals
- In the last 12 months, the company has grown revenue more than 50 % and is on track to generate more than $2 billion in revenue for local service providers this year
- Today, The company operates in every county across the U.S.
