Rather than opening an IPO window, ServiceTitan's IPO could be the first of something else entirely, VCs warn.
PitchBook valued the company at $7.6 billion at the time, meaning the IPO needs to trade above a “base” of $84.57 per share or ServiceTitan will have to issue more shares, Meritech said.
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The U.S. IPO pipeline is showing off a few big names this week. Among the many listings, investors await autonomous driving technology firm Pony AI (PONY) and software provider ServiceTitan (TTAN) ...
But some of them are more specific to the company. With ServiceTitan, a cloud service startup that filed public IPO documents with the SEC on Monday, we may be witnessing the birth of a new ...
ServiceTitan is expected to be one of the very few "unicorns" to go public in 2024, with its IPO roadshow likely to launch ...