November Private Market UpdateThe private market one year past the peak - down, not out
November Private Market Update
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.
ServiceTitan does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for ServiceTitan will be known as it becomes public. Here are similar public companies: Blade (NASDAQ: BLDE), Fast Radius (NASDAQ: FSRD), Joby Aviation (NYSE: JOBY), Procore Technologies (NYSE: PCOR), Rocket Lab (NASDAQ: RKLB).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 11/22/2022 | Series H | $700MM raised | $XXX.XX | $XXX.XX |
| 6/30/2021 | Series G | $262.59MM raised | $XXX.XX | $XXX.XX |
| 3/26/2021 | Series F | $300MM raised | $XXX.XX | $XXX.XX |
| 4/23/2020 | Series E | $73.82MM raised | $XXX.XX | $XXX.XX |
| 11/14/2018 | Series D | $150MM raised | $XXX.XX | $XXX.XX |
| 4/13/2018 | Series C | $50MM raised | $XXX.XX | $XXX.XX |
| 3/15/2017 | Series B | $35MM raised | $XXX.XX | $XXX.XX |
| 6/16/2015 | Series A-1, A-2, and A-3 | $18.68MM raised | $XXX.XX | $XXX.XX |
