ServiceTitan Expands Into Landscaping With Plans To Acquire Aspire; Reaches $9.5B Valuation
Summary
"As the fastest-growing software solution for the trades with an unrelenting focus on customer success, ServiceTitan is poised to extend its leadership and capture increased market share as the industry exceeds $1 trillion globally," said Robert (Tre) Sayle, a partner at Thoma Bravo. "ServiceTitans expansion into landscaping, a more than $100 billion market in the US alone, is an important step on its path to provide all home and commercial tradesmen with the tools they need to grow and manage a successful business. Founded on a mission to help hardworking contractors reach the level of success they deserve, ServiceTitan announced it surpassed $250 million in annual recurring revenue in March, having grown more than 50% over the previous twelve months. The companys end-to-end software suite includes CRM, intelligent dispatch, custom reporting, marketing automation, a mobile solution for field techs, and accounting, payments and financing integrations. By bringing a fully operational modern SaaS infrastructure to an industry traditionally underserved by technology, ServiceTitan makes a direct and positive impact on the lives of thousands of entrepreneurs and their extended teams.
