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The Venture Codex

Thumbtack

1355 Market St Ste 600, San Francisco, CA, 94103, United States

Overview

Thumbtack is a home services website connecting users with local service providers. Thumbtack offers homeowners personalized guidance on what to do and when to do it, as well as recommendations on who to hire from a community of 300,000 local service businesses. The bids from Thumbtack professionals were analyzed to determine the true cost of various projects.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
8

Sector focus

  • Home Services
  • Local
  • Professional Services
  • Service Industry
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Investment portfolio

  • PermitFlow

    Participated · Seed · May 2023

    PermitFlow delivers an artificial-intelligence driven platform that automates permit applications, inspection scheduling, and license management for residential builders, commercial developers, home-service contractors, and renewable-energy firms. The software helps users cut project timelines by up to 60 percent, reduce administrative workload by 90 percent, and achieve a five-times return on investment. Led by CEO Francis Thumpasery and CTO Samuel Lam, the company is expanding its product suite with additional AI agents that address the full permitting and inspection lifecycle. PermitFlow’s modular approach allows builders to handle complex, multijurisdictional compliance requirements through a single interface. With fresh capital, the team plans to accelerate product development and scale hiring to meet nationwide demand. Although specific revenue figures were not disclosed, the operational metrics suggest strong adoption and efficiency gains for customers. The company is headquartered in New York City and is backed by a roster of top-tier venture firms.

Team