      ICONIQ Capital · 2024-12-12
      · 539d
    

ServiceTitan's IPO Journey: From Trades-Focused Startup to Market Leader

ICONIQ Capital celebrates ServiceTitan's transition to public company status, reflecting on their partnership since leading the Series B in 2016. The article highlights how co-founders Ara Mahdessian and Vahe Kuzoyan built a vertical software platform that serves over 8,000 customers across the trades industry, processing $62B in annual gross transaction volume. ICONIQ positions itself as ServiceTitan's largest investor and strategic partner throughout the company's evolution.

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Metrics in this report

Active Customers

8000count

over

ServiceTitan platform users

Geographic Coverage

98.5%

approximately

US population by zip code representation

Gross Transaction Volume

62$B

annual

Collective customer business volume processed through ServiceTitan

Jobs Completed

100million

more than

Fiscal year 2024 through ServiceTitan platform

Years in Operation

10+years

over

Since founders began building software for trades