ServiceTitan

Cloud-based software for businesses in the trades, including HVAC, plumbing, electrical, landscaping, pest control and commercial contractors. The platform covers customer management, scheduling and dispatch, invoicing and payments, marketing and reporting.

Enterprise softwareField service management software for the tradesGlendale, United States
FoundersSince 2007
Valuation
$6.3B
Total raised
$1.5B
Last round · Jul 2023
Series H-1
Founded
2007
Employees
3,414
Quarters in VP50
6

Valuation

$100M$1B$10B2016201720182019202020212022$7.6B
ServiceTitan priced rounds
RoundDatePost-money valuationRaisedLed by
Series AJun 16, 2015$100M$18MBessemer Venture Partners
Series DNov 14, 2018$1.6B$165MIndex Ventures
Series FMar 26, 2021$8.3B$500MSequoia Capital Global Equities and Tiger Global Management
Series GJun 30, 2021$9.5B$200MThoma Bravo
Series HNov 22, 2022$7.6B$474MUnknown
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: #43
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #42, in Q1 2021.

Funding rounds

DateRound · leadRaisedValuation
Jul 27, 2023Series H-1$34M—
Jan 2023Credit facility · Wells Fargo Bank, N.A.$180M—
Nov 22, 2022Series H$474M$7.6B
Oct 2022Preferred equity$249M—
Feb 2022Unsecured term loan · JPMorgan Chase Bank, N.A.$250M—
Feb 2022Secured term loans · JPMorgan Chase Bank, N.A.$475M—
Jun 30, 2021Series G · Thoma Bravo$200M$9.5B
Mar 26, 2021Series F · Sequoia Capital Global Equities, Tiger Global Management$500M$8.3B
May 8, 2020Series E$74M—
Nov 14, 2018Series D · Index Ventures$165M$1.6B
Mar 23, 2018Series C · Battery Ventures$62M—
Mar 15, 2017Series B · ICONIQ Capital$80M—
Jun 16, 2015Series A · Bessemer Venture Partners$18M$100M

Team

ServiceTitan | Venture Place