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With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

TechCrunch LA

That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.

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LegalZoom Files For IPO

socalTECH

Glendale-based online legal documents marketplace LegalZoom filed for an IPO Friday, saying that it is looking to raise up to $120M on the New York Stock Exchange as "LGZ". LegalZoom reported net income of $12.1M The firm is venture backed by Polaris Venture Partners (35.1 percent ownership), Insitutional Venture Partners (14.7

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Catching Up With Mike Giardello, President of Innovate Pasadena

socalTECH

There are clusters of companies in San Gabriel, clusters growing Glendale, there are companies in Monrovia, Orange County, and out to Santa Monica and Silicon Beach. We have Everbridge, which moved from Glendale to Pasadena, ADP and Green Dot who moved here from Monrovia. We've had substantial net growth over the last several years.

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Interview with Kelly Tompkins, AdventureLink

socalTECH

What AdventureLink allows us to do is cast a very wide net, to build distribution partners and tap into mainstream travel. Their idea was to catch enough consumers to scale, but they didn't understand the cost of acquisition, of finding customers, marketing, and advertising.

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