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 |
|---|---|
| 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$771.9 million (2025)[1] |
 US$−195 million (2024)[1] | |
Number of employees | 2,870 (2024)[2] |
| Website | servicetitan |
History
editServiceTitan was founded by Ara Mahdessian and Vahe Kuzoyan in 2007;[3] their cloud-based platform launched in 2012.[2][4]
In 2019, the company expanded outside the United States, opening an office in Yerevan, Armenia.[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] On December 12, 2024, ServiceTitan began trading on the Nasdaq under the ticker symbol TTAN, raising approximately $625 million in its initial public offering at $71 per share; shares surged 42% on the first day, opening and closing at $101 and valuing the company at approximately $8.9 billion.[9] 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., Index Ventures, and Mucker Capital.[10]
Acquisitions and partnerships
editIn 2021, the company acquired Aspire Software, a company specializing in software for landscapers,[11] and ServicePro, a company specializing in software for pest control and lawn care contractors.[12][11]
In January 2022, the company acquired FieldRoutes, a mobile-software-as-a-service provider in the lawn care and pest control industry.[13][14]
In April 2024, the company acquired Convex, a San-Francisco-based sales and marketing platform.[15][16]
In June 2025, ServiceTitan partnered with ABC Supply Co. Inc. to provide roofing contractors.[17][18] In September 2025, ServiceTitan acquired Conduit Tech, an HVAC sales and design platform.[19] In the same month, ServiceTitan partnered with Ford Pro to integrate vehicle data and fleet management tools.[20] In October 2025, ServiceTitan partnered with Home Depot's Path to Pro program.[21]
Products and services
editReferences
edit- 1 2 Lipschultz, Bailey; Roof, Katie; Gould, Ryan (November 18, 2024). "Software Startup ServiceTitan Discloses Loss in IPO Filing". Bloomberg News.
- 1 2 Darmiento, Laurence (December 3, 2024). "Glendale's ServiceTitan seeks to raise $500 million in IPO". Los Angeles Times.
- ↑ Krause, Reinhardt. "How ServiceTitan Is Rewiring Skilled Trades For The Digital Age". msn. Retrieved December 1, 2025.
- ↑ Konrad, Alex (March 26, 2021). "ServiceTitan, Software Provider For Tradespeople, Reaches $8.3 Billion Valuation". Forbes.
{{cite magazine}}: CS1 maint: deprecated archival service (link) - ↑ "ServiceTitan Announces Office in Armenia". Los Angeles Business Journal. February 21, 2019. Retrieved July 22, 2024.
- ↑ Anirban Sen, Milana Vinn (December 19, 2023). "Software startup ServiceTitan prepares for 2024 IPO-sources". Reuters. Retrieved July 22, 2024.
- ↑ Ben Bergman (August 29, 2024). "When will ServiceTitan finally go public? Now, executives are waiting until after the election, sources say". Business Insider. Retrieved October 8, 2024.
- ↑ "Glendale's blue-collar tech unicorn ServiceTitan files for IPO". Los Angeles Times. November 27, 2024. Retrieved November 26, 2025.
- ↑ Novet, Jordan (December 12, 2024). "ServiceTitan pops 42% in cloud software vendor's Nasdaq debut after selling shares at $71". CNBC. Retrieved May 29, 2026.
- ↑ Weber, Harri (2024). "ServiceTitan Files for IPO at a Reported $18B Valuation". dot.LA. Retrieved February 6, 2026.
- 1 2 Lunden, Ingrid (June 30, 2021). "ServiceTitan acquires Aspire to move into landscaping, raises $200M at a $9.5B valuation". TechCrunch. Retrieved November 26, 2025.
- ↑ Sam Dean (June 30, 2021). "A blue-collar tech giant grows in Glendale". Los Angeles Times. Retrieved July 22, 2024.
- ↑ Wagner, Ellen (January 4, 2022). "ServiceTitan acquires FieldRoutes". Pest Management Professional. Retrieved November 26, 2025.
- ↑ Harbison, Brad (December 13, 2024). "ServiceTitan, Parent Company of FieldRoutes, Launches IPO". PCT. Retrieved November 26, 2025.
- ↑ FinSMEs (April 3, 2024). "ServiceTitan Acquires Convex". FinSMEs. Retrieved November 26, 2025.
- ↑ "ServiceTitan to Acquire Software Firm Convex | ACHR News". www.achrnews.com. Retrieved November 26, 2025.
- ↑ "ServiceTitan Announces Integration with ABC Supply Co. Inc. | Roofing Contractor". www.roofingcontractor.com. Retrieved December 9, 2025.
- ↑ Staff, M. D. M. (June 20, 2025). "ABC Supply Syncs with ServiceTitan to Provide Product Data to Contractors". Modern Distribution Management. Retrieved December 9, 2025.
- ↑ "ServiceTitan Acquires Conduit Tech". Contracting Business. September 22, 2025. Retrieved November 26, 2025.
- ↑ "Ford Pro, ServiceTitan Announce Partnership". pctonline.com. September 10, 2025. Retrieved December 9, 2025.
- ↑ "New ServiceTitan–Home Depot Partnership Tackles Labor Gap | Roofing Contractor". www.roofingcontractor.com. Retrieved January 14, 2026.
- ↑ "ServiceTitan launches Atlas AI sidekick to automate contractor operations". SiliconANGLE. September 18, 2025. Retrieved September 30, 2025.
- ↑ "ServiceTitan Report Finds AI Rapidly Reshaping the Skilled Trades | Roofing Contractor". www.roofingcontractor.com. Retrieved December 18, 2025.
- ↑ "ServiceTitan Unveils AI-Powered Tools and Atlas Interface at Pantheon 2025". pctonline.com. September 18, 2025. Retrieved December 18, 2025.