Thumbtack authorized enough shares for a $120 million raise at a valuation of $1.32 billion, if all shares authorized are issued. The online marketplace for consumer services is previously backed by Sequoia Capital, Tiger Global Management, Google Ventures (GV), and Javelin Venture Partners to name a few. The most recent round, Series H, follows the $125 million raised for Series G valuing the company at $1.18 billion. The terms surrounding the Series H include a pari passu liquidation 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 $8.51, a flat round from Series G at $8.51.
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Bloomberg Ticker: PUNICORN
Reuters Ticker: .PUNICORN