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// Workers AI · dad joke modeWhat did ServiceTitan say to the customer? "You're titans of service to me.

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From Wikipedia, the free encyclopedia

ServiceTitan, Inc.
TypePublic
Nasdaq: TTAN
Industry
Founded2007; 19 years ago (2007)
Founders
  • Ara Mahdessian
  • Vahe Kuzoyan
HeadquartersGlendale, California, US
Key people
  • Ara Mahdessian (CEO)
  • Vahe Kuzoyan (president)
ServicesEnterprise software
RevenueIncrease US$771.9 million (2025)[1]
Negative increase US$−195 million (2024)[1]
Number of employees
2,870 (2024)[2]
Websiteservicetitan.com

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.

History

[edit]

ServiceTitan 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

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In 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

[edit]

In 2025, ServiceTitan announced a new AI-powered tool, Atlas, to assist contractors with operations.[22][23][24]

References

[edit]
  1. 1 2 Lipschultz, Bailey; Roof, Katie; Gould, Ryan (November 18, 2024). "Software Startup ServiceTitan Discloses Loss in IPO Filing". Bloomberg News.
  2. 1 2 Darmiento, Laurence (December 3, 2024). "Glendale's ServiceTitan seeks to raise $500 million in IPO". Los Angeles Times.
  3. ↑ Krause, Reinhardt. "How ServiceTitan Is Rewiring Skilled Trades For The Digital Age". msn. Retrieved December 1, 2025.
  4. ↑ Konrad, Alex (March 26, 2021). "ServiceTitan, Software Provider For Tradespeople, Reaches $8.3 Billion Valuation". Forbes.{{cite magazine}}: CS1 maint: deprecated archival service (link)
  5. ↑ "ServiceTitan Announces Office in Armenia". Los Angeles Business Journal. February 21, 2019. Retrieved July 22, 2024.
  6. ↑ Anirban Sen, Milana Vinn (December 19, 2023). "Software startup ServiceTitan prepares for 2024 IPO-sources". Reuters. Retrieved July 22, 2024.
  7. ↑ 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.
  8. ↑ "Glendale's blue-collar tech unicorn ServiceTitan files for IPO". Los Angeles Times. November 27, 2024. Retrieved November 26, 2025.
  9. ↑ 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.
  10. ↑ Weber, Harri (2024). "ServiceTitan Files for IPO at a Reported $18B Valuation". dot.LA. Retrieved February 6, 2026.
  11. 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.
  12. ↑ Sam Dean (June 30, 2021). "A blue-collar tech giant grows in Glendale". Los Angeles Times. Retrieved July 22, 2024.
  13. ↑ Wagner, Ellen (January 4, 2022). "ServiceTitan acquires FieldRoutes". Pest Management Professional. Retrieved November 26, 2025.
  14. ↑ Harbison, Brad (December 13, 2024). "ServiceTitan, Parent Company of FieldRoutes, Launches IPO". PCT. Retrieved November 26, 2025.
  15. ↑ FinSMEs (April 3, 2024). "ServiceTitan Acquires Convex". FinSMEs. Retrieved November 26, 2025.
  16. ↑ "ServiceTitan to Acquire Software Firm Convex | ACHR News". www.achrnews.com. Retrieved November 26, 2025.
  17. ↑ "ServiceTitan Announces Integration with ABC Supply Co. Inc. | Roofing Contractor". www.roofingcontractor.com. Retrieved December 9, 2025.
  18. ↑ 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.
  19. ↑ "ServiceTitan Acquires Conduit Tech". Contracting Business. September 22, 2025. Retrieved November 26, 2025.
  20. ↑ "Ford Pro, ServiceTitan Announce Partnership". pctonline.com. September 10, 2025. Retrieved December 9, 2025.
  21. ↑ "New ServiceTitan–Home Depot Partnership Tackles Labor Gap | Roofing Contractor". www.roofingcontractor.com. Retrieved January 14, 2026.
  22. ↑ "ServiceTitan launches Atlas AI sidekick to automate contractor operations". SiliconANGLE. September 18, 2025. Retrieved September 30, 2025.
  23. ↑ "ServiceTitan Report Finds AI Rapidly Reshaping the Skilled Trades | Roofing Contractor". www.roofingcontractor.com. Retrieved December 18, 2025.
  24. ↑ "ServiceTitan Unveils AI-Powered Tools and Atlas Interface at Pantheon 2025". pctonline.com. September 18, 2025. Retrieved December 18, 2025.
[edit]
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