ServiceTitan explained

ServiceTitan

ServiceTitan 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 was founded by Ara Mahdessian and Vahe Kuzoyan in 2012. The company was planning an initial public offering for 2022 before the market for them soured, but is now working with investment banks Goldman Sachs and Morgan Stanley to prepare for a stock market listing in 2024.[1]

History

In 2019, the company expanded outside the United States, opening an office in Yerevan, Armenia.[2]

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.[3]

Notes and References

  1. Web site: Anirban Sen, Milana Vinn . Software startup ServiceTitan prepares for 2024 IPO-sources . July 22, 2024 . Reuters. December 19, 2023 .
  2. Web site: ServiceTitan Announces Office in Armenia. Los Angeles Business Journal. February 21, 2019. July 22, 2024.
  3. Web site: A blue-collar tech giant grows in Glendale. Sam Dean. . June 30, 2021. July 22, 2024.