ServiceTitan

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.

ServiceTitan, Inc.

Company type	Public
Traded as	Nasdaq: TTAN
Industry	Enterprise software
Founded	2007; 18 years ago (2007)
Founders	Ara Mahdessian Vahe Kuzoyan
Headquarters	Glendale, California, US
Key people	Ara Mahdessian (CEO) Vahe Kuzoyan (president)
Services	Enterprise software
Revenue	US$614 million (2024)[1]
Net income	US$−195 million (2024)[1]
Number of employees	2,870 (2024)[2]
Website	servicetitan.com

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. The company's stock opened on Nasdaq at a price of $71 per share.^[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]