• Local Services Marketplace Thumbtack Raises $4.5 Million

    Robin Wauters

    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Monday, January 9th, 2012
    thumbtack

    Thumbtack, which operates an online community marketplace where people can easily list and book local services, has raised $4.5 million in Series A funding, TechCrunch has learned. The round was led by Javelin Venture Partners, with MHS Capital and venture capitalist Tim Draper participating.

    Founded in 2009, Thumbtack aims to “make hiring a service professional as easy as it is to buy a book on Amazon.com”. It’s up against startups like Redbeacon and OpenChime, among others.

    It seems users have had no trouble finding their way to their website. Thumbtack says a new user has signed up every minute of every day for the last six months, on average.

    The company also says 240,000 local merchants (carpenters, life coaches, wedding photographers, babysitters, math tutors, makeup artists and whatnot) have listed on Thumbtack.com to date, or roughly half as many registered merchants one can find on review site Yelp.

    Thumbtack currently has 8 employees but plans to use the additional capital to hire more.


    Company: Thumbtack
    Website: thumbtack.com
    Launch Date: 2008
    Funding: $18.2M

    At Thumbtack we believe there’s a better way to hire local service professionals. Tell us what you need. We’ll identify verified service pros based on your specific needs. Available service pros will submit quotes for you to compare. You choose and hire the service pro that’s right for you. We’re excited to be helping with life’s bigger moments, like planning a wedding or remodeling a home, and with more regular jobs, like cleaning your house or getting a massage. We also help with...

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