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IPO, ServiceTitan
Software startup ServiceTitan seeks up to $5.2 bln valuation in US IPO
Software startup ServiceTitan is seeking a valuation of up to $5.16 billion in its U.S. initial public offering, it said on Tuesday, in what could be one of the final few flotations of the year that saw a revival in the market for new listings.
ServiceTitan seeks up to $5.16 billion valuation in US IPO
It has so far raised $1.46 billion from investors.
ServiceTitan
had filed confidentially for an
IPO
in early 2022, Reuters reported last year. Goldman Sachs, Morgan Stanley, Wells Fargo and Citigroup are leading a 14-firm underwriting syndicate.
Glendale’s ServiceTitan seeks to raise $500 million in IPO
ServiceTitan, a Glendale tech firm that makes business management software for plumbers, painters and other contractors, announced Tuesday that it wants to raise up to $502 million in its initial public offering on the Nasdaq.
Los Angeles Times
10d
Glendale’s blue-collar tech unicorn ServiceTitan files for IPO
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.
Axios on MSN
4d
ServiceTitan's ratchet motivation for going public
ServiceTitan is expected to be one of the very few "unicorns" to go public in 2024, with its IPO roadshow likely to launch ...
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