Reported about 21 hours ago
ServiceTitan, a software startup based in Glendale, California, is seeking a valuation of up to $5.16 billion in its initial public offering (IPO) in the U.S. The company plans to raise approximately $502 million by offering 8.8 million shares priced between $52 and $57. ServiceTitan has become a major player in the HVAC software market and intends to list on Nasdaq under the symbol 'TTAN'. A successful IPO could inspire further venture capital-backed companies to consider public listings, after a challenging period for such offerings.
Source: YAHOO