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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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Phonexa Debuts New Products

socalTECH

Glendale-based software company Phonexa said this morning that it has launched a new suite of software which provides click tracking, suppression list management, and cloud phone services. The company is led by President and CEO David Gasparyan. Phonexa says it offers up all of its software beginning at $100 a month.

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ServiceTitan Snags $500M, Valuing Firm At $8.3 Billion

socalTECH

Glendale-based ServiceTitan, which develops software used by home service providers and others in the trades to manage appointments, billing, marketing, and more, has raised a huge, $500M funding round. The new funding values the company at $8.3 The funding was led by Tiger Global and Sequoia Capital, and also included H.I.G.

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ServiceTitan Raises $80M

socalTECH

Glendale-based ServiceTitan , which develops business management software for the home services and contracting industry, has raised $80M in a Series B funding, the company announced this morning. ServiceTitan said the new funding was led by ICONIQ Capital.

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Interview with Jay Ackerman, Reveleer

socalTECH

Glendale-based Reveleer (www.reveleer.com) is a developer of cloud-based software used for managing medical data, and recently announced a Series C funding round from investors Boston Millenia Partners and Upfront Ventures. If you look at the tech-enabled services we are trying to disrupt, three billion is a pretty good market.