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ServiceTitan Burned $170 Million in Cash in 2022

Summary by Ground News
ServiceTitan burned through more than $170 million in cash last year. The red ink amounted to more than a third of ServiceTitan's $460 million in revenue. The company raised money in mid-2021 from investors including Tiger Global Management at a valuation of $9.5 billion.

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The Information broke the news in on Thursday, February 16, 2023.
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