ServiceTitan Secures $165M in Series D
Summary
LOS ANGELES, CA, Worlds leading software provider for home services businesses, today announced $165 million in Series D funding.ServiceTitan, the worlds leading software provider for home services businesses, today announced $165 million in Series D funding at a $1.65 billion dollar post-money valuation.ServiceTitans 2,500+ customers represent nearly 50,000 technicians on the road who perform roughly $10 billion worth of annual transactions across various home services verticals, including plumbing, air conditioning, electrical, garage door, and others.Founded in 2012 by Mahdessian and Kuzoyan as a solution to help their fathers, who were both tradesmen, ServiceTitan has quickly grown into the business management software leader for the estimated $400 billion home service industry."Ara and Vahe started ServiceTitan because they wanted to solve the pain point they felt first hand running their fathers businesses," said Achadjian.
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