ServiceTitan has raised $62 million in Series C funding in a round led by Battery Ventures. Existing investors Bessemer Venture Partners and ICONIQ Capital also participated in the financing. As part of the transaction, Battery General Partner Michael Brown will join ServiceTitan’s board.
The board was installed at the 2018 ACCO/PHCC Ohio Convention and Expo in Columbus, Ohio. The new officers officially took their positions at the association’s annual Installation Banquet.
New U.S. tariffs on steel and aluminum imports are going to have major consequences for a multitude of manufacturing segments around the globe, but the HVAC industry looks to be particularly impacted.