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Software startup ServiceTitan is seeking a valuation of up to $5.16 billion in its U.S. initial public offering, it said on ...
Software startup ServiceTitan is seeking a valuation of as much as $5.16 billion in its initial public offering in the United ...
Unwinding expensive private capital investments is not what most companies say they will do with their IPO funds. They tend to dedicate the money to running their businesses, or for possible ...
The Glendale, Calif.-based company TTAN would raise $501.6 million at the top of that range. With 90.5 million shares ...
Rather than opening an IPO window, ServiceTitan's IPO could be the first of something else entirely, VCs warn.
When ServiceTitan filed documents last week for its IPO, hoping to have its debut before the end of 2024, the tech world wondered if a stuck IPO market was unlocking at last. Alas, probably not.
PitchBook valued the company at $7.6 billion at the time, meaning the IPO needs to trade above a “base” of $84.57 per share or ServiceTitan will have to issue more shares, Meritech said.
This latest disclosure follows news that ServiceTitan sold its soul, so to speak, in 2022 when it raised a Series H round by agreeing to grant the investors in that round a “compounding IPO ...
ServiceTitan Inc., a cloud-based software company focused on trade businesses, set terms for its initial public offering early Tuesday with plans to offer 8.8 million shares priced at $52 to $57 a ...