LOS ANGELES — ServiceTitan was named to the Forbes and Bessemer Venture Partners list of the top 100 cloud computing companies in 2019.
“When we first started ServiceTitan, industry-specific software options for contractors and tradespeople were practically non-existent," said Ara Mahdessian, CEO and co-founder of ServiceTitan. "Our amazing team has helped change that for thousands of hard-working tradespeople, and we’ve been fortunate enough to prove first-hand the potential of the home and commercial services industry to become a meaningful field for software development. The honor of being named to this exclusive list showcases how far we’ve come and how much we’ve already accomplished for our customers, but we also recognize the large amount of work we still have to do as we look ahead to the next chapter of ServiceTitan.”
As part of the rigorous selection process for the Forbes 2019 Cloud 100, Bessemer Venture Partners received submissions from hundreds of cloud startups. The Cloud 100 Judging Panel, made up of public cloud company CEOs, reviewed the data to select, score, and rank the top 100 private cloud companies from all over the world. The evaluation process involved ranking companies across four factors: market leadership (35 percent), estimated valuation (30 percent), operating metrics (20 percent), and people & culture (15 percent).
ServiceTitan’s recognition as a top 100 private cloud company comes on the heels of several other 2019 awards, including a spot on Inc. Magazine's Best Workplaces and Los Angeles Business Journal's annual Best Places to Work list, and a third consecutive Inc. 500 placement.
“For four years now, we have ranked the best and brightest emerging companies in the cloud sector,” said Alex Konrad, Forbes editor of The Cloud 100. “With so many businesses growing fast in the cloud, from cybersecurity and marketing to data analytics and storage, it’s harder than ever to make the Cloud 100 list – but with more elite company if you do. Congratulations to each of the 2019 Cloud 100 honorees and the 20 Rising Stars honorees poised to join their ranks!”
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