ServiceTitan was founded in 2012 by Ara Mahdessian and Vahe Kuzoyan. ServiceTitan announced its IPO, estimated to occur in 2024.
ServiceTitan is a developer of a field management platform designed for HVAC, plumbing, and electrical home service businesses. Per Forge data, ServiceTitan has raised a total of $1.1 billion in funding over 9 rounds. Their latest funding was raised on Jun 30, 2021, from a Series G round. Key investors include Bessemer Venture Partners, ICONIQ Growth, Battery Ventures, Tiger Global Management, and Index Ventures.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
04/19/2024 | Series H-1 | $24.04MM | $xx.xx | $7.55B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
284,281
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
11/22/2022 | Series H | $473.96MM | $xx.xx | $7.35B | TPG | |
Price per Share
$xx.xx
Shares Outstanding
5,604,318
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.1x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
TPG
|
||||||
06/30/2021 | Series G | $262.59MM | $xx.xx | $9.49B | Thoma Bravo | |
Price per Share
$xx.xx
Shares Outstanding
2,207,340
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Thoma Bravo
|
||||||
03/26/2021 | Series F | $300MM | $xx.xx | $8.34B | Tiger Global Management, Sequoia Capital, H.I.G. Growth Partners, Arena Holdings, Battery Ventures, Bessemer Venture Partners, Dragoneer Investment Group, Durable Capital Partners, ICONIQ Capital, Index Ventures, T. Rowe Price | |
Price per Share
$xx.xx
Shares Outstanding
2,795,266
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global Management, Sequoia Capital, H.I.G. Growth Partners, Arena Holdings, Battery Ventures, Bessemer Venture Partners, Dragoneer Investment Group, Durable Capital Partners, ICONIQ Capital, Index Ventures, T. Rowe Price
|
||||||
04/23/2020 | Series E | $73.82MM | $xx.xx | $2.24B | Arena Holdings, Durable Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
2,184,287
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Arena Holdings, Durable Capital Partners
|
||||||
11/14/2018 | Series D | $150MM | $xx.xx | $1.67B | Battery Ventures, Bessemer Venture Partners, Dragoneer Investment Group, ICONIQ Capital, Index Ventures, T. Rowe Price | |
Price per Share
$xx.xx
Shares Outstanding
5,704,551
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Battery Ventures, Bessemer Venture Partners, Dragoneer Investment Group, ICONIQ Capital, Index Ventures, T. Rowe Price
|
||||||
04/13/2018 | Series C | $50MM | $xx.xx | $857.04MM | Battery Ventures, Bessemer Venture Partners, Hive Ventures, ICONIQ Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,437,441
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Battery Ventures, Bessemer Venture Partners, Hive Ventures, ICONIQ Capital
|
||||||
03/15/2017 | Series B | $35MM | $xx.xx | $348.6MM | ICONIQ Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,774,623
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
ICONIQ Capital
|
||||||
06/16/2015 | Series A-3 | $18.1MM | $xx.xx | $100.88MM | AMENALAV Group, Bessemer Venture Partners, I2BF Global Ventures, Mucker Capital | |
Price per Share
$xx.xx
Shares Outstanding
8,587,100
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
AMENALAV Group, Bessemer Venture Partners, I2BF Global Ventures, Mucker Capital
|
||||||
06/16/2015 | Series A-2 | $51,657 | $xx.xx | $75.66MM | AMENALAV Group, Bessemer Venture Partners, I2BF Global Ventures, Mucker Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,067,309
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
AMENALAV Group, Bessemer Venture Partners, I2BF Global Ventures, Mucker Capital
|
||||||
06/16/2015 | Series A-1 | $528,459 | $xx.xx | $75.66MM | AMENALAV Group, Bessemer Venture Partners, I2BF Global Ventures, Mucker Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,701,594
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
AMENALAV Group, Bessemer Venture Partners, I2BF Global Ventures, Mucker Capital
|