Tiger Global and Sequoia led a $500m financing round in ServiceTitan.

Tiger Global and Sequoia, two venture capital firms, led a $500m financing round in ServiceTitan, a provider of software for the trades. Existing investors participated, including Arena, Battery Ventures, Bessemer Venture Partners, Dragoneer Investment Group, Durable Capital, ICONIQ, Index Ventures, and funds and accounts advised by T. Rowe Price Associates. "By providing contractors with the tools they need to deliver a great customer experience and grow their businesses with ease, ServiceTitan is enabling the hardworking men and women of the trades to reach the level of success they deserve," Ara Mahdessian, ServiceTitan Co-founder and CEO.