About ServiceTitan
ServiceTitan is a company based in Glendale (United States) founded in 2007.. ServiceTitan has raised $1.1 billion across 8 funding rounds from investors including Bessemer Venture Partners, T. Rowe Price and Thoma Bravo. The company has 3,050 employees as of January 31, 2024. ServiceTitan has completed 9 acquisitions, including CUC Software, Convex and FieldRoutes. ServiceTitan offers products and services including ServiceTitan Platform, Marketing Pro, Contact Center Pro, Scheduling Pro, and Dispatch Pro. ServiceTitan operates in a competitive market with competitors including Housecall Pro, Jobber, ServiceTrade, Hearth and Tradify, among others.
- Headquarter Glendale, United States
- Employees 3050 as on 31 Jan, 2024
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Servicetitan, Inc.
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Annual Revenue
$771.88 M25.64as on Jan 31, 2024
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Net Profit
$-239.09 M-22.52as on Jan 31, 2024
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EBITDA
$-106.04 M-13.18as on Jan 31, 2024
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Total Equity Funding
$1.1 B (USD)
in 8 rounds
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Latest Funding Round
$200 M (USD), Series G
Jun 30, 2021
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Investors
Bessemer Venture Partners
& 15 more
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Employee Count
3050
as on Jan 31, 2024
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Investments & Acquisitions
CUC Software
& 8 more
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IPO & Listings of ServiceTitan
ServiceTitan is a publicly listed company on the NASDAQ with ticker symbol TTAN in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of ServiceTitan
ServiceTitan offers a comprehensive portfolio of products and services, including ServiceTitan Platform, Marketing Pro, Contact Center Pro, Scheduling Pro, and Dispatch Pro. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for automating trade workflows and improving efficiency.
AI-powered solution for generating leads and maximizing ROI.
System for handling calls and enhancing call center operations.
Software for booking jobs and managing customer appointments.
Automated system for assigning and tracking field jobs.
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Sales and Marketing
73 people
Software Development Team
53 people
Leadership Team
43 people
Product Management Team
42 people
Human Resources and Administration
18 people
Finance and Accounting
18 people
Senior Team
17 people
Operations Team
13 people
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Funding Insights of ServiceTitan
ServiceTitan has successfully raised a total of $1.1B across 8 strategic funding rounds. The most recent funding activity was a Series G round of $200 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series G — $200.0M
- First Round First Round
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series G - ServiceTitan | Valuation | Thoma Bravo |
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| Mar, 2021 | Amount | Series F - ServiceTitan | Valuation | Tiger Global Management , Sequoia Capital | |
| May, 2020 | Amount | Series D - ServiceTitan | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ServiceTitan
ServiceTitan has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, T. Rowe Price and Thoma Bravo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Software and technology-enabled services companies are targeted for investment.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ServiceTitan
ServiceTitan has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include CUC Software, Convex and FieldRoutes. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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CRM software is provided for construction professionals.
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2017 | ||||
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Cloud-based software for landscaping business management is offered.
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2014 | ||||
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Cloud-based solutions for field force automation are delivered.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ServiceTitan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Servicetitan Comparisons
Competitors of ServiceTitan
ServiceTitan operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Housecall Pro, Jobber, ServiceTrade, Hearth and Tradify, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Business management software is provided for home service professionals.
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| domain | founded_year | HQ Location |
Business management software is offered for home service providers.
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| domain | founded_year | HQ Location |
Business management software is provided for home service contractors.
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| domain | founded_year | HQ Location |
Financing and software tools are provided to home improvement contractors.
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| domain | founded_year | HQ Location |
Job management software for field service trades is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Servicetitan
Frequently Asked Questions about ServiceTitan
When was ServiceTitan founded?
ServiceTitan was founded in 2007 and raised its 1st funding round 7 years after it was founded.
Where is ServiceTitan located?
ServiceTitan is headquartered in Glendale, United States. It is registered at Glendale, California, United States.
Is ServiceTitan a funded company?
ServiceTitan is a funded company, having raised a total of $1.1B across 8 funding rounds to date. The company's 1st funding round was a Series D of $73.82M, raised on Jan 23, 2014.
How many employees does ServiceTitan have?
As of Jan 31, 2024, the latest employee count at ServiceTitan is 3,050.
What is the annual revenue of ServiceTitan?
Annual revenue of ServiceTitan is $771.88M as on Jan 31, 2024.
What does ServiceTitan do?
ServiceTitan was founded in 2007 and is headquartered in Glendale, United States. Software solutions are provided for field business management in the home services sector, including HVAC, plumbing, electrical, garage, water treatment, and pest control industries. Features such as dispatching, scheduling, call booking, reporting, customer service, and sales management are included to support operations for these providers.
Who are the top competitors of ServiceTitan?
ServiceTitan's top competitors include Housecall Pro, Jobber and BuildOps.
What products or services does ServiceTitan offer?
ServiceTitan offers ServiceTitan Platform, Marketing Pro, Contact Center Pro, Scheduling Pro, and Dispatch Pro.
Is ServiceTitan publicly traded?
Yes, ServiceTitan is publicly traded on NASDAQ under the ticker symbol TTAN.
How many acquisitions has ServiceTitan made?
ServiceTitan has made 9 acquisitions, including CUC Software, Convex, and FieldRoutes.
Who are ServiceTitan's investors?
ServiceTitan has 16 investors. Key investors include Bessemer Venture Partners, T. Rowe Price, Thoma Bravo, Tiger Global, and Sequoia Capital.
What is ServiceTitan's ticker symbol?
The ticker symbol of ServiceTitan is TTAN on NASDAQ.
What is ServiceTitan's valuation?
The valuation of ServiceTitan is $9.5B as of Jun 2021.
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