ServiceTitan IPO

servicetitan.comEnterprise SoftwareFounded: 2012Funding to Date: $926.28MM

ServiceTitan was founded in 2012 by Ara Mahdessian and Vahe Kuzoyan. The company has not officially endorsed a plan to participate in an IPO.

ServiceTitan has developed a field management platform designed for HVAC, plumbing, and electrical home service businesses. The company has raised approximately $328 million in Venture Capital funding from investors including Dragoneer Investment Group, Index Ventures, T. Rowe Price, Battery Ventures, Hive Ventures, ICONIQ Capital, AMENALAV Group, Bessemer Venture Partners, I2BF Global Ventures, and Mucker Capital. Per filings with the SEC, ServiceTitan last raised $73 million in May 2020 at a post-money valuation of $2.25 billion.

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Enterprise Value (based on primary financings)