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ServiceTitan

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ServiceTitan
Industry
Founded2012; 12 years ago (2012)
HeadquartersGlendale, California
Key people
  • Ara Mahdessian
    (Co-Founder & CEO)
  • Vahe Kuzoyan
    (Co-founder & President)
ServicesEnterprise software
Websitewww.servicetitan.com

ServiceTitan is an American cloud-based software company headquartered in Glendale, California. It provides customer relationship management (CRM) software for tradespersons, with applications focused on sales, customer service, marketing automation, e-commerce and analytics.

History

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ServiceTitan was founded by Ara Mahdessian and Vahe Kuzoyan in 2012.

In 2019, the company expanded outside the United States, opening an office in Yerevan, Armenia.[1]

In 2021, the company acquired Aspire Software, a company specializing in software for landscapers, and ServicePro, a company specializing in software for pest control and lawn care contractors. [2]

ServiceTitan was planning an initial public offering for 2022 before the market for them soured, but is now working with investment banks Goldman Sachs and Morgan Stanley to prepare for a stock market listing in 2024.[3] The company is now believed to be waiting until after the 2024 United States presidential election.[4]

References

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  1. ^ "ServiceTitan Announces Office in Armenia". Los Angeles Business Journal. February 21, 2019. Retrieved July 22, 2024.
  2. ^ Sam Dean (June 30, 2021). "A blue-collar tech giant grows in Glendale". Los Angeles Times. Retrieved July 22, 2024.
  3. ^ Anirban Sen, Milana Vinn (December 19, 2023). "Software startup ServiceTitan prepares for 2024 IPO-sources". Reuters. Retrieved July 22, 2024.
  4. ^ Ben Bergman (August 29, 2024). "When will ServiceTitan finally go public? Now, executives are waiting until after the election, sources say". Business Insider. Retrieved October 8, 2024.