ServiceTitan prepares to go public — plus other LA tech news – LA Biz – L.A. Biz

A unicorn may times over, ServiceTitan Inc. is ready to go public.
The Glendale software provider for the home and commercial service industries is preparing for an initial public offering, reported Reuters this week.
The development follows a $200 million Series G this summer that valued the company at $9.5 billion. ServiceTitan is reportedly hoping to double that valuation with an IPO.
The news comes as the company added two seasoned technology experts to its board of directors: Diya Jolly, chief product officer at Okta, and Sameer Dholakia, former CEO of SendGrid.
Read more at Reuters.
Here’s what else L.A.-area tech companies got up to this week:
© 2021 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated 1/1/21) and Privacy Policy and Cookie Statement (updated 7/20/21). The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.