Thumbtack is raising up to $120M on a flat valuation
The online services marketplace that matches customers with nearby professionals is raising up to $120 million in Series H shares, according to a Delaware stock authorization filing uncovered by the Prime Unicorn Index. Thumbtack did not immediately respond to a request for comment.
At more than 10 years old, the business has previously raised nearly $300 million in a combination of debt and equity funding. The upcoming round comes at a flat valuation to its 2015 Series G funding of $125 million, which valued Thumbtack at $1.3 billion. Scottish asset manager Baillie Gifford led that round, which increased its valuation roughly 60 percent from $804 million, according to PitchBook.
Thumbtack’s funding history
June 2009: $650,000 Series A | $3.3M valuation
Jan. 2012: $4.4B Series C | $16.5M valuation
June 2013: $12.5M Series D | $46.5M valuation
May 2014: $30M Series E | $230M valuation
Aug. 2014: $100M Series F | $804M valuation
Sept. 2015: $125M Series G | $1.3B valuation
June 2019: ~$120M Series H | ~$1.3B valuation
As Thumbtack has worked