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ServiceTitan, a trade software provider, has raised $200M in a Series G with participation from Thoma Bravo, Bessemer Venture Partners, Sequoia Capital, and Tiger Global Management, among others.

How’s the company performing?

• California-based ServiceTitan is a vertical software-as-a-service suite for commercial and residential HVAC, plumbing, electrical, and field services-related businesses.
• The company’s ARR crossed $250M as of March 2021, a 50% growth from the previous year.
• ServiceTitan’s customers have made over $20B in transactions in 2020.
• The company has over 1,600 employees worldwide. It caters to more than 100,000 contractors and over 5,000 field services companies like John Moore, Hunter, and Baker Brothers.
• In June, ServiceTitan acquired Aspire, a software provider for landscaping businesses, for an undisclosed amount.

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The post This Sequoia Capital-Backed Company Raises $200M To Build Out Its Home Services Software appeared first on CB Insights Research.