ServiceTitan Stock

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

ServiceTitan is the developer of software developed to accelerate the home and commercial service industries, with an end-to-end software suite that includes CRM, intelligent dispatch, custom reporting, marketing automation, a mobile solution for field techs, and accounting, payments and financing integrations.

Enterprise Value (based on primary financings)

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Team

Management Team

Ara Mahdessian
Co-Founder & Chief Executive Officer
Vahe Kuzoyan
Co-Founder & President
David Burt
Chief Financial Officer
Alexander Yakunin
Chief Technology Officer
Guy Longworth
Chief Marketing Officer
Ross Biestman
Chief Revenue Officer
Chris Trombetta
Chief People Officer

Board Members

Byron Deeter
Bessemer Venture Partners
Ilya Golubovich
I2BF Global Ventures
Michael Brown
Battery Ventures
Nina Achadjian
Index Ventures (UK)

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News

ServiceTitan, which caters to the booming home improvement sector, has in recent weeks invited investment banks and law firms to pitch for roles in its IPO, the company is expected to finalize advisors in the coming weeks. ServiceTitan is hoping to be valued in the IPO at as much as double the nearly $9.5B valuation it commanded in a private fundraising round in June.
ServiceTitan, Los Angeles-based startup founded just eight years ago, now boasts more than 7,500 customers that employ more than 100,000 technicians and conduct nearly $20 billion worth of transactions. In all, the new $500 million round likely sets the stage for a public offering later this year or before the end of 2022 if market conditions hold.
ServiceTitan, a provider of a software and operating system for residential and commercial service and replacement contractors, acquired WaterSoftWare, a business management solution for the water treatment industry