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ServiceTitan Files For IPO

Crunchbase News

Founded in 2012, the company had previously raised at least $1.5 Net loss for that period totaled $92 million in 2024, down 12% from a year ago. The Glendale, California-based company, which provides cloud-based software for residential and commercial HVAC, plumbing, electrical and other field-service businesses, filed its S-1 Monday.

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ServiceTitan Shares Surge In First-Day Trading

Crunchbase News

More than a decades worth of funding Founded in 2012, the company had previously raised at least $1.5 As for financial performance, the companys financials show growing revenue paired with smaller net losses. Net loss for that period totaled $92 million in 2024, down 12% from a year ago. ServiceTitan was reportedly valued at $9.5

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Digital lending platform Blend valued at over $4B in its public debut

TechCrunch

Founded in 2012, the startup has steadily grown to be a leader in the mortgage tech industry. Meanwhile, its net loss narrowed from $81.5 If you’ve refinanced or purchased a home digitally lately, you may not have noticed the company powering the software behind it — but t here’s a good chance that company is Blend. million in 2019.

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Fintech startup Vise brings on Andrew Fong (formerly Dropbox) as CTO

TechCrunch

He actually started out as a site reliability engineer at Dropbox back in 2012, climbing the ranks to engineering director, and then senior director of Engineering – head of Infrastructure before becoming to vice president. Trillions are at stake in the retirement wars, and Vise nets $14.5M from Sequoia to manage it.

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IBM’s massive SAP S/4HANA migration pays off

CIO

IBM standardized on SAP s on-prem ECC system in 2012 after years of supporting a hodgepodge of custom mini-ERP systems adopted by various units within the massive corporation, Funai says. As of that time, S/4HANA had close to 26,900 customers, with approximately 62% of those added late last year being net-new ones.

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Chime Climbs In Market Debut

Crunchbase News

Chime posted net income of $12.9 Founded in 2012, Chime was also a heavy fundraiser in its startup days. And last week, stablecoin issuer Circle saw its shares soar in initial trading. Unlike many venture-backed IPO candidates, both Chime and Circle are profitable. million in the first quarter of this year.

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Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019

TechCrunch

million VC-backed company, Carbon was founded by Chijioke Dozie and Ngozi Dozie in 2012. The company’s annual reports reveal numbers on gross earnings, profit/loss before and after-tax, net impairment loss, total assets, liabilities, and equity, among others.

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