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ServiceTitan Bags $500M Series F Financing

2021-03-26
GLENDALE, CA, ServiceTitan has raised a $500M Series F growth financing led by Tiger Global Management and Sequoia Capital Global Equities.
ServiceTitan has raised a $500MSeries F growth financing. The round was led by Tiger Global Management and Sequoia Capital Global Equities with significant participation from existing investors, including Bessemer Venture Partners, ICONIQ Capital, Battery Ventures, Index Ventures, Durable Capital, Dragoneer Investment Group, and funds and accounts advised by T. Rowe Price Associates.

ServiceTitan serves more than 7,500 contracting businesses that collectively employ more than 100,000 technicians and perform more than $20 billion worth of annual transactions across various home and commercial service verticals, including plumbing, air conditioning, electrical, and more. ServiceTitan has also surpassed $250 million in annual recurring revenue, having grown more than 50% over the past twelve months.
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