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ServiceTitan has raised $1.0B across 6 funding rounds.
Key people at ServiceTitan.
ServiceTitan has raised $1.0B in total across 6 funding rounds.
ServiceTitan provides a comprehensive cloud-based software platform for home and commercial service contractors. The system integrates essential business functions like customer relationship management, scheduling, dispatching, and invoicing, aiming to streamline operations and enhance efficiency for trade businesses.
The company was founded in 2007 by Ara Mahdessian and Vahe Kuzoyan. Their insight stemmed from observing their immigrant parents' challenges managing a trade business. This experience revealed a significant need for sophisticated software tailored to the unique operational demands of field services.
ServiceTitan serves home and commercial service contractors across various trades. Its vision is to empower these essential businesses, providing tools and support to optimize performance. This enables clients to foster growth and achieve sustained success within their competitive industries.
Key people at ServiceTitan.
ServiceTitan is a cloud-based SaaS platform that powers trades businesses, including HVAC, plumbing, electrical, roofing, and construction contractors, by providing end-to-end tools for scheduling, dispatching, CRM, marketing, analytics, and customer management.[1][2][3] It solves longstanding inefficiencies in a historically underserved industry by automating back-office workflows, optimizing field operations, and enhancing customer experiences, with users seeing average revenue increases of 21-25% in their first one to two years.[2][4] The company went public on Nasdaq (TTAN) in 2024 after raising $1.4 billion in funding and continues aggressive innovation, including AI tools like Atlas launched in 2025.[1][3]
Founded in 2007 and headquartered in Glendale, California, ServiceTitan emerged to bring integrated technology to tradespeople in an industry reliant on fragmented tools and manual processes.[3] Co-founder Vahe Kuzoyan highlighted early ambitions to connect sales funnels to field operations, as seen in the 2024 acquisition of Convex, a sales and marketing platform, which integrated top-of-funnel data into comprehensive workflows.[4] Pivotal moments include planning an IPO initially for 2022 (delayed by market conditions), successful listing in 2024 post-election with Goldman Sachs and Morgan Stanley, and 2025 expansions like acquiring Conduit Tech for HVAC design, partnering with ABC Supply for roofing, and Ford Pro for fleet management.[3]
ServiceTitan stands out through its purpose-built, AI-driven platform tailored for trades, emphasizing automation, real-time insights, and seamless integration across operations:
These features deliver speed and lower costs, with over 7,500 contractors relying on the platform for 21%+ revenue growth.[4]
ServiceTitan rides the wave of AI transformation in field service management (FSM), addressing 2025 trends like automated dispatching, route optimization, and customer portals amid rising demand for efficient trades amid labor shortages and complex commercial projects.[2][6] Timing aligns with post-IPO momentum and industry shifts toward data-driven operations, fueled by market forces like homeowner repair backlogs and affluent spending on maintenance.[4] By acquiring specialists (e.g., Convex, Conduit) and partnering with giants (ABC Supply, Ford Pro), it influences the ecosystem, equipping thousands of SMBs with enterprise-grade tools to modernize a $600B+ U.S. trades market long ignored by tech.[1][3]
ServiceTitan's trajectory points to dominance in AI-augmented FSM, with Atlas evolving into a full operational sidekick and expansions into commercial/construction driving sustained growth post-IPO.[1][5] Trends like adaptive capacity planning and real-time analytics will shape its path, potentially capturing more market share as contractors prioritize profitability amid economic volatility.[2][6] Its influence may expand through further acquisitions and partnerships, solidifying it as the backbone for trades businesses scaling in a tech-empowered era—echoing its founding mission to keep the world running with smarter software.[1][3]
ServiceTitan has raised $1.0B in total across 6 funding rounds.
ServiceTitan's investors include Robert Sayle, Altimeter Capital, American Express Ventures, Base Partners, Battery Ventures, B Capital Group, Bedrock Capital, Bessemer Venture Partners, Broadhaven Capital Partners, CapitalG, Citi Ventures, Coatue.
ServiceTitan has raised $1.0B across 6 funding rounds. Most recently, it raised $200.0M Series G in June 2021.