We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
  • BUYER'S GUIDE
  • DIGITAL EDITIONS
Home » ServiceTitan closes $80 million Series B funding led by ICONIQ Capital

ServiceTitan closes $80 million Series B funding led by ICONIQ Capital

March 15, 2017
No Comments

ServiceTitan, a provider of business management software for home service businesses, announced it has completed an $80 million Series B funding round led by ICONIQ Capital. This funding will go towards expanding and strengthening its capabilities across its platform, including the recently launched ServiceTitan Marketplace.

“Home service providers are critically underserved when it comes to advanced technology that can dramatically improve their operations and meet the specific needs and demands of their businesses,” said Ara Mahdessian, co-founder and CEO of ServiceTitan.

Will Griffith, Partner at ICONIQ, commented: "Ara and Vahe's unique combination of rich technological expertise, deep connections to the home services industry and unrelenting focus on customer success have empowered them to build a suite of compelling solutions that deliver significant and measurable value to customers.”

Backing from ICONIQ and other leading technology investors will also accelerate the introduction of new features currently under development, including online booking with top review sites, more robust inventory management, integration with enterprise-grade accounting systems, enhanced reporting and other developments on ServiceTitan's product roadmap.

“Partnering with these businesses to improve efficiencies is core to the ServiceTitan mission, and we know we have the strongest product to deliver results. It takes significant investment to stay at the forefront of technology, and we are committed to hiring the best developers and team members to continue improving and expanding the tools available to our clients,” said Vahe Kuzoyan, co-founder and President of ServiceTitan.

Bath & Kitchen Business Commercial Contractors & Installers Engineers & Specifiers Engineering GPS HVAC Hydronics/Radiant Industry Community News Jobsite Equipment Legal Management Plumber Plumbing Residential Software Technology
  • Related Articles

    ServiceTitan Raises $62 Million in Series C Funding

    Latest Round of Funding Values ServiceTitan at $8.3 Billion

    HomeX Announces Completion of $90 Million Capital Raise

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular

  • GE Appliances Opens $70 Million High-Tech Water Heater Manufacturing Plant in Camden, South Carolina

  • ‘Three-quarters of our work is steam. We never leave Brooklyn.’

  • Women in PHCP 2022

  • May the 4th Be With You: When Plumbing Meets Star Wars

Featured Video

Ge video

GE Appliances Camden Factory

Industry Events

  • 23May

    Eastern Energy Expo

    Uncasville, CT
  • 06Jun

    NFPA Conference & Expo 2022

    Boston , MA
  • 07Jun

    2022 NCWA Convention

    Columbus, OH
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw05 2022 cover
    Learn More
  • Pe05 2022 cover
    Learn More
  • Phc05 2022 cover
    Learn More
  • Es07 2020
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2022 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing