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$100M Invested In New Services Marketplace

Thumbtack, a site that connects consumers with artists, plumbers and singing coaches, connected itself with $100 million from the Google Capital fund, the search engine’s later-stage investment operation.

Additional investments came from Tiger Global Management, Sequoia Capital, and Javelin Venture Partners, according to a TechCrunch story, which added that this brings the total current investment to $150 million, just a few months after Thumbtack’s $30 million Series C funds were announced.

“We were already a strong and well capitalized business, but (Google Capital General Partner)David (Lawee) and Google Capital offer something truly special and we couldn’t pass up the opportunity to work with them,” said Thumbtack CEO Marco Zappacosta.

Thumbtack was launched in December 2009 and the company said that it operates in more than 700 categories and all 50 U.S. states. “Thumbtack has seen 300 percent growth in projects over the past year,” Thumbtack said in a statement. “The company sends an estimated $1.8 billion worth of business annually to more than 75,000 paying professionals.”

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