It has never disclosed a valuation, nor how much money it has raised. Aspire will stay based in Missouri to build out the company further from there.Īspire itself has some 50,000 users and sees $4 billion in annualized transactions on its platform across areas like landscaping, snow and ice management, and construction. ServiceTitan also confirmed that this is its biggest acquisition yet, which roughly puts this deal in the hundreds of millions of dollars. Los Angeles-based ServiceTitan is not disclosing the financial terms of the deal, but it comes on the heels of the company raising $500 million only in March (when it was valued at $8.3 billion) - money that it earmarked at the time for acquisitions. Rowe Price, Battery Ventures, Bessemer Venture Partners and ICONIQ Capital.) (That list includes Sequoia, Tiger Global, Index Ventures, Dragoneer, T. The funding is being led by a new backer, Thoma Bravo, with other unnamed existing investors participating. Along with that, ServiceTitan is announcing another $200 million in funding, a Series G that values that company at $9.5 billion. ![]() The company - which also works with contractors that work on business properties - is acquiring Aspire Software, a software provider specifically for commercial landscapers. ![]() ![]() Now, one of the big players in that space - ServiceTitan, which builds software that today is used by over 100,000 contractors to manage their work - is getting a little bigger. With a lot of us spending more time at home these days, home improvement has continued to be a booming market.
0 Comments
Leave a Reply. |