Diligence memo · auto-generated · as of July 2, 2026
ServiceTitan, Inc.
ServiceTitan, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
ServiceTitan, Inc. operates in Computers, based in Glendale. Our all-in-one software is built for home and commercial contractors to keep all their service visits and construction projects running smoothly.
Sub-sector tags: fintech.
Capital & rounds (filed)filed
ServiceTitan, Inc. has raised $852M in disclosed capital across 8 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $300M on 2021-03-25.
Most recent recorded round closed around 2024-04-19.
Valuation (modeled)modeled
Provath models ServiceTitan, Inc. at approximately $315M (range $136M–$448M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.14× the median modeled value of Series D+ Computers companies in 2022–2024 (6 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 16 months.
Last raise 2.2 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round was 8.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 100% of Computers peers (1371 compared).
Modeled value ranks above 90% of those peers.
Closest niche peers: Yubico AB, Arcadea Group Holdings LLC, OneTrust LLC, Euvera Holdings, Inc., Merkle Manufactory Inc..
Peoplefiled
15 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.