Marco Zappacosta

Last updated
Marco Zappacosta
Born1985
Stanford, California
Alma mater Columbia University (BA)
OccupationBusinessman
Known forCo-founder and CEO of Thumbtack (website)
Father Pierluigi Zappacosta

Marco Zappacosta (born 1985) [1] is an American businessman. He co-founded Thumbtack and serves as the company's CEO. [2]

Biography

Zappacosta was born in Stanford, California in 1985 and grew up in Atherton, California. [3] His father is Pierluigi Zappacosta, an Italian businessman and electrical engineer who emigrated to the United States in the 1970s and co-founded the Swiss computer hardware manufacturer and software maker Logitech. [1] He is bilingual and speaks Italian. [4] He attended the nearby Saint Joseph’s School or SJS through 1999, a feeder elementary school and associate to the historic Preparatory Sacred Heart Schools, Atherton, 1999-2003.[ citation needed ]

Zappacosta attended Columbia University, graduating in 2007 with a bachelor's degree in political science. [5] [6] During college, Zappacosta was the director of Students for Saving Social Security (S4) in Washington, D.C., a group representing the student voice in the Social Security debate, with more than 10,000 student members in over 300 campus chapters nationwide. [6] [7]

He later came up with the idea of creating an online marketplace matching service providers and their customers. In 2008, he launched Thumbtack with two of his fellow S4 directors Jonathan Swanson and Jeremy Tunnell, as well as Sander Daniels. [8] [9] [10] [4]

In the early years, Zappacosta and his team were scraping Craigslist and built an online directory of verified service providers with their photos, license, and reviews. The idea appealed to angel investor Jason Calacanis, who became the first person to invest in the startup. [8]

Zappacosta led the company to develop and launch an instant matching feature that automates and streamlines the booking process between customers and professionals, a process taking nine years and 25 million requests from Thumbtack's over 1,000 categories of jobs. [8]

As of 2021, Thumbtack has a $3.2 billion valuation and has the highest number of professional listings, followed by Yelp. [11]

Related Research Articles

<span class="mw-page-title-main">Salesforce</span> American software company

Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides applications focused on sales, customer service, marketing automation, e-commerce, analytics, artificial intelligence, and application development.

<span class="mw-page-title-main">Students for Saving Social Security</span>

Students for Saving Social Security, known as S4, was a 501(c)(3) non-profit activist organization based in Washington, D.C., run by students for students pushing for Social Security reform. S4 was founded in March 2005 and proposed changing Social Security laws to permit personal savings accounts. The organization had a network of 300+ college chapters with more than 11,000 members by 2008. It closed in 2009.

<span class="mw-page-title-main">Pierluigi Zappacosta</span> Italian businessman (born 1950)

Pierluigi Zappacosta is an Italian businessman, electrical engineer, and investor. He is the chairman of Faro Ventures. He has co-founded, directed, and served on the boards of several prestigious companies, including Logitech and Sierra Sciences.

Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, India and China.

<span class="mw-page-title-main">Canva</span> Online graphic design platform

Canva is an Australian multinational software company that provides a graphic design platform that provides tools for creating social media graphics, presentations, postcards, promotional merchandise and websites. Launched in Australia in 2013, the service offers design tools for individuals and companies. Its offerings include templates for presentations, posters, and social media content, as well as functionalities for photo and video editing.

<span class="mw-page-title-main">Thumbtack (website)</span> American online marketplace

Thumbtack is an American home services website. It is an online directory that allows users to search for, rate, and hire local service providers to work on a variety of personal projects, including home improvement, financial and legal services, computer / IT repair and event planning. The company is backed by Sequoia Capital, Tiger Global Management, Javelin Venture Partners, Baillie Gifford, and Capital G, among others.

<span class="mw-page-title-main">Stripe, Inc.</span> Irish-American multinational financial services and SaaS company

Stripe, Inc. is an Irish-American multinational financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States, and Dublin, Ireland. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.

Betterment is an American financial advisory company which provides digital investment, retirement and cash management services.

<span class="mw-page-title-main">Zendesk</span> American customer service software company

Zendesk, Inc. is an American company headquartered in San Francisco, California. It provides software-as-a-service products related to customer support, sales, and other customer communications. The company was founded in Copenhagen, Denmark, in 2007. Zendesk raised about $86 million in venture capital investments before going public in 2014.

<span class="mw-page-title-main">Wise (company)</span> Financial services company

Wise, previously known as TransferWise, is a financial technology company focused on global money transfers. Headquartered in London, it was founded by Kristo Käärmann and Taavet Hinrikus in January 2011. As of 2023, it offers three main products: Wise Account, Wise Business, and Wise Platform.

SoFi Technologies, Inc. is an American personal finance and financial technology company. Founded in 2011 at Stanford University, it operates as a direct bank and supports other financial institutions through its technology platform. As of 2024, SoFi reports 9.4 million customers and 160 million platform accounts.

<span class="mw-page-title-main">GetYourGuide</span> Website where tourists can book activities

GetYourGuide is a Berlin-based startup online marketplace for travel activities. GetYourGuide sells tours and excursions, activities including cooking classes, and tickets to tourist attractions. It offers more than 100,000 products worldwide from more than 20,000 supply partners.

Snowflake Inc. is an American cloud-based data storage company. Headquartered in Bozeman, Montana, it operates a platform that allows for data analysis and simultaneous access of data sets with minimal latency. It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform. As of November 2024, the company had 10,618 customers, including 800+ members of the Forbes Global 2000, and processed 4.2 billion daily queries across its platform.

<span class="mw-page-title-main">N26</span> German Neobank

N26 is a German neobank headquartered in Berlin. N26 was founded in 2013 by Rocket Internet, an incubator, and operates in various European Union member states that are members of the Single Euro Payments Area (SEPA). N26 provides transaction accounts and debit cards, with overdraft and investment products and premium accounts available under a subscription business model.

<span class="mw-page-title-main">Fastly</span> American web infrastructure company

Fastly, Inc. is an American cloud computing services provider based in San Francisco. Fastly provides content delivery network services, cloud computing, cloud security, image optimization, and load balancing services. Fastly's cloud security services include denial-of-service attack protection, bot mitigation, and a web application firewall.

<span class="mw-page-title-main">Anomali</span> American cybersecurity company

Anomali Inc. is an American cybersecurity company that develops and provides threat intelligence products. In 2023, the company moved into providing security analytics powered by artificial intelligence (AI).

Plume is a Software-as-a-Service (SaaS) company that provides self-optimizing WiFi services, visibility, and network control for Communications Service Providers (CSPs) and their subscribers, such as personal households and small businesses.

<span class="mw-page-title-main">Wiz (company)</span> Cloud computing security startup

Wiz, Inc. is an American cloud security startup headquartered in New York City. The company was founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, all of whom previously founded Adallom. Rappaport is CEO, Costica is VP of Product, Reznik is VP of Engineering, and Luttwak is CTO. The company's platform analyzes computing infrastructure hosted in Amazon Web Services, Microsoft Azure, Google Cloud Platform, Oracle Cloud Infrastructure, and Kubernetes for combinations of risk factors that could allow malicious actors to gain control of cloud resources and/or exfiltrate valuable data.

The development of neobanks in Europe is a trend in the European financial landscape beginning in the 2010s. Neobanks are a type of digital-only bank that offer financial services primarily through mobile and web applications, with little or no reliance on physical branches. The trend was driven by advancements in technology, changing consumer preferences, and supportive regulatory frameworks. Neobanks provide a range of services, including personal accounts, loans, and payment services, with a focus on user-friendly interfaces, low fees, and innovative features. In 2022, the European neobank market has generated over 570B transactions.

References

  1. 1 2 "Thumbtack's Founder Was Born Into Family of Tech Entrepreneurs". Fortune. Retrieved 2021-08-21.
  2. ↑ Smiley, Lauren (2018-02-19). "How Thumbtack Creates Work By Giving The Yellow Pages An AI Twist". Fast Company. Retrieved 2021-08-21.
  3. ↑ "Marco Zappacosta". San Francisco Business Times. Retrieved 2021-08-21.
  4. 1 2 "Marco Zappacosta, il Billion dollar boy che ha fondato il "Tinder per lavoratori"". la Repubblica (in Italian). 2016-03-18. Retrieved 2021-08-21.
  5. ↑ "AitN: March 12, 2018". Columbia College Today. Retrieved August 21, 2021.
  6. 1 2 "Meet Marco Zappacosta, one of Fast Company's Most Creative People". Fast Company. Retrieved 2021-08-21.
  7. ↑ "Home - Students for Saving Social Security". www.secureourfuture.org. Retrieved 2021-08-21.
  8. 1 2 3 "How did Thumbtack win the on-demand services market?". TechCrunch. Retrieved 2021-08-21.
  9. ↑ Dishman, Lydia (January 29, 2020). "Interview with CEO of Thumbtack". US Chamber of Commerce. Retrieved 2021-08-21.
  10. ↑ Parker, Garrett (2019-06-28). "10 Things You Didn't Know about Thumbtack Founder Sander Daniels". Money Inc. Retrieved 2021-08-21.
  11. ↑ "Home services platform Thumbtack raises $275M on a $3.2B valuation to double down on home management". TechCrunch. Retrieved 2021-08-21.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.