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Reliable Secondary Market Data & Trading

ServiceTitan filed its S-1 on November 18, planning for an IPO. The company’s $365M Series H round in 2022 included a compounding IPO ratchet, setting a minimum share price of $84.57 by May 2024 to avoid dilution. After the deadline, the hurdle rate compounds quarterly at 11%, now estimated at ~$90 per share. Secondary market valuations range between $70 and $81.59 per share. ServiceTitan has raised over $1.5B in funding from investors including ICONIQ Capital, Bessemer Venture Partners, and Coatue. The company reported $685M in revenue and a $183M net loss for the year ending July 31, 2024. For the latest secondary coverage and trading SaxonWeber | ShareWell #secondaries #saxonweber

Here's why ServiceTitan was on the clock to go public | TechCrunch

Here's why ServiceTitan was on the clock to go public | TechCrunch

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