ServiceTitan has just authorized $300 million which will push the valuation north of $7 billion if all Series F shares are issued. The SaaS company is previously backed by Index Ventures, Dragoneer, T. Rowe Price, Battery Ventures, Bessemer Venture Partners, and ICONIQ Capital to name a few. The most recent round, Series F, follows $73.82 million raised for Series E, valuing the company at $2.13 billion. The terms surrounding the Series F include a pari passu liquidation preference with all other preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $107.3234, a major up round from Series E at $33.7969.
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Bloomberg Ticker: PUNICORN
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