Sunday, June 23

Tag: servicetitan

Top Five Funding of the Week (12th Nov – 17th Nov)
FUNDING

Top Five Funding of the Week (12th Nov – 17th Nov)

We have again come up with the top five funding activities that took place this week. Funding is one of the most important steps in the growth of a business. Therefore, every week, we throw light on the important funding activities. This week was very active in terms of funding process and the company that raised the highest amount of funds was Brazil based technology conglomerate known as Movile. Lets move forward and know more about these funding activities:   1) Movile A Brazil based technology conglomerate known as Movile has just raised funds amounting to $400 million. This round was led by existing investors including Naspers and Innova Capital. The funds have basically been raised for its iFood subsidiary. The company was founded by chief executive officer Fabricio...
California-based ServiceTitan Raises $165 million in Series D Funding
FUNDING

California-based ServiceTitan Raises $165 million in Series D Funding

California based service management software company ServiceTitan that helps leading home services businesses generate more leads and close more sales has secured funds amounting to $165 million in Series D funding round. This round was led by Index Ventures. Fresh investors such as New backers Dragoneer and T. Rowe Price also participated in the financing round along with existing investors Battery Ventures, Bessemer Venture Partners and ICONIQ Capital. The company has stated that this funding is the “largest software raise in Southern California history.” Along with this, the valuation of the company has now reached $1.65 billion — making it the newest unicorn out of the region. Prior to this, ServiceTitan raise funds seven months back. The funds raised in this funding round wil...