Menu Close

Summary*

Thumbtack, founded in 2008 and headquartered in Benicia, California, is a leading online marketplace connecting homeowners with local service professionals for various home improvement and maintenance projects. The company's platform simplifies the process of finding and booking trusted local pros for services ranging from home repair to cleaning and event planning.

Since its inception, Thumbtack has demonstrated significant growth and attracted substantial investment. The company has raised a total of $773.85 million across multiple funding rounds, with its latest Series I round in June 2021 valuing the company at $3.2 billion. Notable investors include Sequoia Capital, CapitalG, and Tiger Global Management, highlighting strong confidence in Thumbtack's business model and growth potential.

While there is currently no official information available regarding Thumbtack's IPO prospects, the company's impressive funding history and valuation growth suggest it may be an attractive candidate for going public in the future. However, it's important to note that any discussions about a potential Thumbtack IPO remain speculative at this time.

Factors that could influence Thumbtack's decision to pursue an IPO include market conditions, the company's financial performance, and its long-term growth strategy. As a leader in the home services marketplace sector, Thumbtack faces competition from companies like HomeAdvisor, Handy, and TaskRabbit, which may impact its market position and IPO considerations.

Investors interested in the potential opportunity to invest in Thumbtack stock should keep an eye on official announcements from the company regarding any plans to go public. As with any investment decision, it's crucial to conduct thorough research and consider the associated risks before making any financial commitments.

How to invest in Thumbtack

While Thumbtack's IPO prospects remain uncertain, investors eager to gain exposure to innovative service marketplace platforms don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the gig economy and digital services sector. Our platform allows you to diversify your portfolio with lower minimum investments in promising companies before they go public, potentially benefiting from their growth and market disruption.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.