Tech Company Financing Transactions

ServiceTitan Funding Round

On 3/26/2018, ServiceTitan raised $62 million in Series C financing from Battery Ventures, Bessemer Venture Partners and ICONIQ Capital.

Transaction Overview

Company Name
Announced On
3/26/2018
Transaction Type
Venture Equity
Amount
$62,000,000
Round
Series C
Investors

Battery Ventures (Lead Investor) (Michael Brown)

Bessemer Venture Partners (Byron Deeter)

ICONIQ Capital (Will Griffith)

Proceeds Purpose
The company intends to use the capital to bring new features to its platform, deepen its investment in its industry-leading customer support, expand its offerings to more segments of the home services sector, and solidify key partnerships with wholesalers, manufacturers and other collaborators in the industry.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
801 N. Brand Blvd. 700
Glendale, CA 91203
USA
Email Address
Overview
ServiceTitan is the preferred software for hundreds of the world's most successful plumbing, HVAC, and electrical companies in the U.S. and Canada, including Mr. Rooter, Mr. Electric, and Aire Serv, as well as best practice organizations NexStar Network, QSC, Service Nation Alliance and Service Roundtable.
Profile
ServiceTitan LinkedIn Company Profile
Social Media
ServiceTitan Company Twitter Account
Company News
ServiceTitan News
Facebook
ServiceTitan on Facebook
YouTube
ServiceTitan on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ara Mahdessian
  Ara Mahdessian LinkedIn Profile  Ara Mahdessian Twitter Account  Ara Mahdessian News  Ara Mahdessian on Facebook
President
Vahe Kuzoyan
  Vahe Kuzoyan LinkedIn Profile  Vahe Kuzoyan Twitter Account  Vahe Kuzoyan News  Vahe Kuzoyan on Facebook


 

 

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