Thumbtack

Home services platform Thumbtack raises $275M on a $3.2B valuation to double down on home management

On the heels of making an acquisition in December of home management startup Setter, Thumbtack — one of the pioneers in the home services gig economy — has raised a big round to double dow

With an ARR topping $250 million, LA’s vertical SaaS superstar ServiceTitan is now worth $8.3 billion

Who knew building a vertical software-as-a-service toolkit focused on home heating and cooling could be worth $8.3 billion? That’s how much Los Angeles-based ServiceTitan, a startup founded just

Thumbtack acquires home management startup Setter

Thumbtack, a marketplace where you can hire local professionals for home improvement and other services, is announcing that it has acquired Setter. Founded in 2016, Setter provides its customers with

Startups Weekly: A Silicon Valley for everyone

Many in the tech industry saw the threat of the novel coronavirus early and reacted correctly. Fewer have seemed prepared for its aftereffects, like the outflow of talented employees from very pricey

Local services marketplace Thumbtack lays off 250 employees

Thumbtack CEO Marco Zappacosta announced in a blog post today that the company has laid off 250 employees. Much has been written about the impact that COVID-19 and the resulting social distancing/shel

Graphite brings unicorn product background to growth marketing

Graphite is part of a new wave of growth marketing consultancies launched by former product leaders at successful startups. With a specialization in SEO, and a client list that has included Masterclas

Thumbtack raises $150 million for its local services marketplace

Thumbtack just closed a new funding round of $150 million. Sequoia is leading the round, and the company is now valued at $1.7 billion. TechCrunch’s Kate Clark previously reported that the startup w

The next service marketplace wave: Vertical market-networks

The last few decades have produced many successful marketplaces. But why haven't we seen many successful B2B service marketplaces?

Startups Weekly: The Peloton IPO (bull vs. bear)

In this week's newsletter: Bird gets acquisitive, Stripe puts on its VC hat and Thumbtack looks for new cash.

Thumbtack is raising up to $120M on a flat valuation

Raising VC at a flat valuation is often a sign investors are uncertain of a company's future prospects.

How-to video maker Jumprope launches to leapfrog YouTube

Sick of pausing and rewinding YouTube tutorials to replay that tricky part? Jumprope is a new instructional social network offering a powerful how-to video slideshow creation tool. Jumprope helps peop

Thumbtack now offers benefits to independent contractors

The gig economy has been under much scrutiny as of late due to the way it pays — or, skirts around paying — its independent contractors. Thumbtack, a platform for finding professionals to

Sequoia leads $10M round for home improvement negotiator Setter

You probably don’t know how much it should cost to get your home’s windows washed, yard landscaped or countertops replaced. But Setter does. The startup pairs you with a home improvement c

Instacart links up with Walmart Canada to expand its same-day delivery service

Instacart has teamed up with Walmart Canada to bring shoppers in Toronto and Winnipeg same-day grocery delivery. The agreement is part of a pilot program for the two companies that will allow Instacar

How did Thumbtack win the on-demand services market?

Earlier today, the services marketplace Thumbtack held a small conference for 300 of its best gig economy workers at an event space in San Francisco. For the nearly ten-year-old company the event was

Sequoia Capital just closed a giant new seed fund — and here’s how it works

Sequoia Capital, the top-tier venture firm, has just closed on a $180 million new fund called Sequoia Scout III that's focused exclusively on seed-stage opportunities. It's a development startup found

Minted rolls out an on-demand photography service for around $100 per session

When you go through a big life event — say a milestone birthday for a parent or a wedding — there are probably going to be a lot of mini-events that happen before and after the big one. But you mi

Moving past “on-demand,” Paintzen launches DIY tools, instructional content

Paintzen started out in early 2013 as an on-demand app to book professional painters for homes, stores and offices. Today, the company started catering to the D.I.Y. market, specifically selling suppl

Local Services Marketplace Thumbtack Makes Its First Acquisition, The Acqui-Hire Of HeartThis

A year after Thumbtack raised $100 million to expand its marketplace for home services and other professional freelance jobs, the startup is making its first acquisition to beef up its engineering

Our Marketplace Obsession And Bubble

Service marketplaces have recently become Silicon Valley darlings. The marketplace model has been a popular way for VCs to efficiently tap into the local economies at scale, specifically the $800 bill
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