Here’s why ServiceTitan was on the clock to go public

Quick Summary:

A successful IPO by the company, which builds operating software for trade businesses, could be what the quiet IPO market needs to start shaking loose.

When ServiceTitan dropped its S-1 notice of an impending public offering on November 18, many VCs likely rejoiced.

If ServiceTitan’s valuation continued to rise after its 2022 round, bringing up its share price with it, none of this would matter much.

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Article Details

Author / Journalist: Rebecca Szkutak

Category: Technology

Markets: United States

Topics: Enterprise startups Venture capital Startups Servicetitan B2B Fundraising

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 20:10:31 (10 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 551 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23843840

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