Get the latest tech news

ServiceTitan’s IPO is a big winner that could inspire fintechs


ServiceTitan, which offers financial and customer management software for the trades, went public in a big way on Thursday, much to the delight of retail

ServiceTitan, which offers financial and customer management software for the trades, went public in a big way on Thursday, much to the delight of retail investors. ServiceTitan’s success does not necessarily portend the reopening of a painfully tight IPO window for tech companies waiting in the wing to go public. In those previous fund raises, ServiceTitan agreed to pay some investors increasing penalties, in the form of more stock, every quarter it delayed an IPO after May 22, 2024, it said.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of IPO

IPO

Photo of fintechs

fintechs

Photo of servicetitan

servicetitan

Related news:

News photo

MobiKwik’s IPO will value it at $250M, 73% less than its last private valuation

News photo

Zopa, the UK neobank, snaps up $87M at a $1B+ valuation, eschewing the IPO route

News photo

Vehicle Management Startup Motive Hires CFO, Aims for 2025 IPO