Reported about 21 hours ago
ServiceTitan Inc., a home service software provider, is looking to raise up to $501.6 million through an initial public offering, positioning itself for one of the final major US listings of 2024. The Glendale, California-based company intends to offer 8.8 million shares priced between $52 to $57 each, catering primarily to small businesses in the contracting sector. Recently valued at approximately $7.6 billion, ServiceTitan reported a net loss of $195 million on $614 million in revenue for fiscal 2024 and plans to list on the Nasdaq under the ticker symbol TTAN.
Source: YAHOO