Based in 2016, Setter supplies its prospects with video residence checkups carried out by specialists, then provides personalised plans for the way to tackle any points. In a blog post, Thumbtack CEO Marco Zappacosta mentioned that by buying the startup, his firm will be capable to provide those self same consultations, which in flip might result in suggestions for various Thumbtack companies.
“This is a gigantic step for Thumbtack,” Zappacosta wrote. “We received’t simply be the platform owners flip to when a pipe breaks. We’ll be the one app any house owner wants for the care and upkeep of their residence. For our execs, this implies there shall be extra tasks than ever on our platform.”
In response to emailed questions, Zappacosta advised me that Thumbtack will “possible” provide each free and paid residence consultations: “Our purpose is to get this within the fingers of as many individuals as doable and to offer owners peace of thoughts in the case of residence upkeep.”
He additionally mentioned the whole Setter staff shall be becoming a member of Thumbtack, giving the corporate a presence in Toronto.
“Homeownership is difficult,” mentioned Setter co-founder and President David Steckel in an announcement. “Along with Thumbtack, we will now give our owners each a recreation plan and a strategy to sort out their to dos all on one platform.”
The monetary phrases of the acquisition weren’t disclosed. According to Crunchbase, Setter raised a complete of $12 million from buyers together with Sequoia Capital and NFX.
Thumbtack laid off 250 employees on the finish of March, after the corporate noticed large declines in its main markets. Since then, nonetheless, Zappacosta mentioned there’s been “a renewed concentrate on the house and an acceleration of digital adoption.”
“On this new period of hyperfocus on the house, we’re seeing everlasting modifications in client conduct,” he added. “Persons are investing of their most necessary asset, their residence.”