ServiceTitan
American software company From Wikipedia, the free encyclopedia
ServiceTitan, Inc. is an American cloud-based software company headquartered in Glendale, California. It provides customer relationship management (CRM) software for tradespersons, with applications focused on sales, customer service, marketing automation, e-commerce and analytics.
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Company type | Public |
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Nasdaq: TTAN | |
Industry | |
Founded | 2007 |
Founders |
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Headquarters | Glendale, California, US |
Key people |
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Services | Enterprise software |
Revenue | US$614 million (2024)[1] |
US$−195 million (2024)[1] | |
Number of employees | 2,870 (2024)[2] |
Website | servicetitan |
History
ServiceTitan was founded by Ara Mahdessian and Vahe Kuzoyan in 2007; their cloud-based platform launched in 2012.[2][3]
In 2019, the company expanded outside the United States, opening an office in Yerevan, Armenia.[4]
In 2021, the company acquired Aspire Software, a company specializing in software for landscapers, and ServicePro, a company specializing in software for pest control and lawn care contractors. [5]
ServiceTitan was planning an initial public offering for 2022 before the market for them soured, but continued to work with investment banks Goldman Sachs and Morgan Stanley to prepare for a stock market listing in 2024.[6] Following the 2024 United States presidential election,[7] ServiceTitan filed for an initial public offering with the Securities and Exchange Commission.[8] Prior to the IPO, the company raised $1.4 billion in eight rounds of funding from investors, including Iconiq Capital, Bessemer Venture Partners, TPG Inc. and Index Ventures.[9]
References
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