Software startup ServiceTitan prepares for 2024 IPO

ServiceTitan Inc, a Los Angeles-based startup that makes software to help contract workers manage their businesses, has revived preparations for an initial public offering (IPO) in 2024, according to people familiar with the matter.

ServiceTitan, which had been preparing to go public in 2022 before the market for IPOs soured, is working with investment banks Goldman Sachs and Morgan Stanley on its latest preparations for a stock market listing that could come as early as the second quarter of 2024, the sources said, requesting anonymity as the discussions are confidential.