ServiceTitan Closes $80M Series B Funding

ServiceTitan_logoServiceTitan, a Glendale, Calif.-based provider of business management software for home service businesses, completed an $80m Series B funding.

The round was led by Iconiq Capital.

The company intends to use the funds to further enhance the platform including the recently launched ServiceTitan Marketplace, with the introduction of innovative features currently under development, including online booking with top review sites, inventory management, integration with enterprise-grade accounting systems, enhanced reporting, and other developments.

Led by Ara Mahdessian, co-founder and CEO, and Vahe Kuzoyan, co-founder and President, ServiceTitan provides a mobile, cloud-based software platform that allows home service businesses of any size including residential plumbing, HVAC, and electrical service providers, to manage and streamline their operations, improve customer service and grow their business. The company’s solution includes CRM, intelligent dispatching, seamless invoice management, integrated marketing analytics and comprehensive reporting, designed specifically to meet the needs of home service professionals.
Founded in 2012, ServiceTitan now supports over a thousand home service companies.



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