ServiceTitan Raises $62 Million

ServiceTitan, a leading provider of workflow and field service management software for home-service businesses, has raised $62 million in Series C funding in a round led by Battery Ventures. Existing investors Bessemer Venture Partners and ICONIQ Capital also participated in the financing.

ServiceTitan was founded in 2012 by Mahdessian and Kuzoyan, both sons of tradesmen who discovered their fathers’ professions were vastly underserved by the types of digital tools that were disrupting numerous other industries. The company’s end-to-end solution includes CRM, intelligent dispatching, seamless invoice management, a cloud-based mobile app for professionals in the field, integrated marketing analytics and comprehensive reporting.

The company intends to use the capital to bring new features to its platform, deepen its investment in customer support, expand its offerings to more segments of the home services sector, and solidify key partnerships with wholesalers, manufacturers and other collaborators in the industry.