Thumbtack has just authorized $158 million which will push the valuation north of $2 billion if all Series I shares are issued. The online marketplace for various services is previously backed by Sequoia Capital, Baillie Gifford, Capital G, Tiger Global, and Javelin Venture Partners to name a few. The most recent round, Series I, follows $120 million raised for Series H, valuing the company at $1.3 billion. The terms surrounding the Series I include a pari passu liquidation preference with all other preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $13.111, an up round from Series H at $8.51.

Thumbtack is a Prime Unicorn Index component. Here’s how they are currently tracking against the index:

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Bloomberg Ticker: PUNICORN

 

Reuters Ticker: .PUNICORN

 

Q2 2021 Reconstitution Report

 

Deals and post-money valuations on the new 17 components to the Prime Unicorn Index