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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 Snags Netflix Vet As New CFO

socalTECH

Glendale-based ServiceTitan , the developer of home service business management software, says this morning that it has named David Burt, former NetFlix Vice President of Content Planning & Analysis and Co-Head of Corporate Development as its new Chief Financial Officer--as the appears poised for an IPO. READ MORE>>.

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Reveleer Finds New Funding

socalTECH

Glendale-based Reveleer , a developer of cloud-based software used for managing medical data, has raised a Series C found of financing, the company said this week. The company said the funding was led by Boston Millenia Partners, and also included existing investor Upfront Ventures.

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ServiceTitan Buys CUC Software

socalTECH

Glendale-based ServiceTitan has acquired CUC Software , a developer of business software products aimed at the heating, ventilation, and air conditioning industry, the company said this week. Financial details of the buy were not announced. CUC Software was based in Billings, Montana, and was founded in 1981.

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ServiceTitan Links With ClearPathGPS For Vehicle Tracking

socalTECH

Glendale-based software developer ServiceTitan , which develops enterprise software to help manage residential HVAC, plumbing, and electrical services businesses, says it has linked up with vehicle tracking company ClearPathGPS. Financial details ofthe partnership between the firms was not announced. READ MORE>>.

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