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Valuation

$7.4B

2024 Revenue

$449.7M

Customers

7.5K

Funding

$1.5B

YOY

26.5%

Avg ACV

$60K

Team

2.4K

Founded

2012

How ServiceTitan CEO Ara Mahdessian grew ServiceTitan to $449.7M revenue and 7.5K customers in 2024.

ServiceTitan is a cloud-based software company that provides a comprehensive solution for managing field service businesses. The company's software platform is designed to help companies streamline operations, increase efficiency, and improve customer service. ServiceTitan's platform includes features such as scheduling and dispatch, CRM, mobile workforce management, marketing automation, and reporting and analytics. The company primarily serves industries such as plumbing, HVAC, and electrical contracting. ServiceTitan is headquartered in Glendale, California, and was founded in 2012 by Ara Mahdessian and Vahe Kuzoyan.

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ServiceTitan Revenue

In 2024, ServiceTitan's revenue reached $449.7M. The company previously reported $436M in 2024. Since its launch in 2012, ServiceTitan has shown consistent revenue growth.

ServiceTitan Revenue GrowthReported revenue / ARR by year$0$100M$200M$300M$400M$500M2012201420162018202020222024$0$88M$306M$450MSource: GetLatka.com
YearMilestone
2024ServiceTitan Hit $449.7m revenue in November 2024Source
2024ServiceTitan Hit $436m revenue in October 2024
2023ServiceTitan Hit $355.5m revenue in November 2023
2022ServiceTitan Hit $305.6m revenue in November 2022
2021ServiceTitan Hit $250m revenue in November 2021
2021ServiceTitan Hit $250m revenue in March 2021
2020ServiceTitan Hit $88.3m revenue in August 2020
2012Launched with $0 revenue

ServiceTitan Valuation, Funding Rounds

ServiceTitan reached a $7.4B valuation in 2022, set during its Series H round.

ServiceTitan has raised $1.5B in total funding across 9 rounds, most recently a $365M Series H round in 2022.

ServiceTitan Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$2B$4B$6B$8B$10B2012201420162018202020222012 cumulative: $0 • 2012 Founded: $02015 cumulative: $19M • 2012 Founded: $0 • 2015 Series A: $19M @ $100M valuation2017 cumulative: $99M • 2012 Founded: $0 • 2015 Series A: $19M @ $100M valuation • 2017 Series B: $80M @ $220M valuation2018 cumulative: $161M • 2012 Founded: $0 • 2015 Series A: $19M @ $100M valuation • 2017 Series B: $80M @ $220M valuation • 2018 Series C: $62M2018 cumulative: $326M • 2012 Founded: $0 • 2015 Series A: $19M @ $100M valuation • 2017 Series B: $80M @ $220M valuation • 2018 Series C: $62M • 2018 Series D: $165M @ $1B valuation2020 cumulative: $326M • 2012 Founded: $0 • 2015 Series A: $19M @ $100M valuation • 2017 Series B: $80M @ $220M valuation • 2018 Series C: $62M • 2018 Series D: $165M @ $1B valuation • 2020 Venture Round: $732021 cumulative: $826M • 2012 Founded: $0 • 2015 Series A: $19M @ $100M valuation • 2017 Series B: $80M @ $220M valuation • 2018 Series C: $62M • 2018 Series D: $165M @ $1B valuation • 2020 Venture Round: $73 • 2021 Series F: $500M2021 cumulative: $900M • 2012 Founded: $0 • 2015 Series A: $19M @ $100M valuation • 2017 Series B: $80M @ $220M valuation • 2018 Series C: $62M • 2018 Series D: $165M @ $1B valuation • 2020 Venture Round: $73 • 2021 Series F: $500M • 2021 Series E: $74M @ $5B valuation2021 cumulative: $1B • 2012 Founded: $0 • 2015 Series A: $19M @ $100M valuation • 2017 Series B: $80M @ $220M valuation • 2018 Series C: $62M • 2018 Series D: $165M @ $1B valuation • 2020 Venture Round: $73 • 2021 Series F: $500M • 2021 Series E: $74M @ $5B valuation • 2021 Series G: $200M @ $9B valuation2022 cumulative: $1B • 2012 Founded: $0 • 2015 Series A: $19M @ $100M valuation • 2017 Series B: $80M @ $220M valuation • 2018 Series C: $62M • 2018 Series D: $165M @ $1B valuation • 2020 Venture Round: $73 • 2021 Series F: $500M • 2021 Series E: $74M @ $5B valuation • 2021 Series G: $200M @ $9B valuation • 2022 Series H: $365M @ $7B valuation$1B2012 Founded: $0 valuation2015 Series A: $100M valuation2017 Series B: $220M valuation2018 Series D: $1B valuation2021 Series E: $5B valuation2021 Series G: $9B valuation2022 Series H: $7B valuation$7BSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Series H$365M$7.4B5%
2021Series G$200M$9B2%
2021Series E$73.8M$5B1%
2021Series F$500M--
2020Venture Round$73--
2018Series D$165M$1B17%
2018Series C$62M--
2017Series B$80M$220M36%
2015Series A$19M$100M19%

ServiceTitan Employees & Team Size

ServiceTitan employs approximately 2.4K people as of 2026, up from 2.2K in 2023.

ServiceTitan has 2.4K total employees in different roles and functions and 219 sales reps that carry a quota. They have 7.5K customers that rely on the company's solutions.

ServiceTitan Team GrowthReported headcount over time05001,0001,5002,0002,5002012201420162018202020222024002,3772,377Source: GetLatka.com
YearMilestone
2024Reached 2.4K employees (September 2024)
2023Reached 2.2K employees (October 2023)
2020Reached 981 employees (August 2020)
2020Reached 886 employees (June 2020)
2019Reached 752 employees (December 2019)
2018Reached 529 employees (December 2018)

Founder / CEO

Ara Mahdessian

Ara Mahdessian is listed as Founder / CEO at ServiceTitan.

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Customers

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Frequently Asked Questions about ServiceTitan

What is ServiceTitan's revenue?

ServiceTitan generates $449.7M in revenue.

Who founded ServiceTitan?

ServiceTitan was founded by Ara Mahdessian.

Who is the CEO of ServiceTitan?

The CEO of ServiceTitan is Ara Mahdessian.

How much funding does ServiceTitan have?

ServiceTitan raised $1.5B.

How many employees does ServiceTitan have?

ServiceTitan has 2.4K employees.

Where is ServiceTitan headquarters?

ServiceTitan is headquartered in Glendale, California, United States.

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Compare ServiceTitan to the industry

ServiceTitan operates across multiple industries. Browse revenue, funding, and growth data for ServiceTitan in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .