ServiceTitan vs Figma
Side-by-side comparison of AI visibility scores, market position, and capabilities
Glendale CA trades field service management (NASDAQ: TTAN); IPO Dec 2024 (+42% first day, $8.9B value), $772M ARR (+24%), $449.7M revenue serving 7,500+ HVAC/plumbing/electrical contractors competing with Housecall Pro.
About
ServiceTitan is a Glendale, California-based field service management platform for the skilled trades — publicly traded on NASDAQ (NASDAQ: TTAN) following its December 12, 2024 IPO, which raised approximately $625 million and valued the company at approximately $8.9 billion (shares surged 42% from the $71 IPO price to $101 on the first day, the largest first-day pop for a US IPO raising over $400 million since Reddit's March 2024 debut) — providing cloud-based business management software for plumbing, HVAC, electrical, roofing, pest control, and other home and commercial service businesses with $772 million in implied ARR in 2024 (growing 24% year-over-year) and $449.7 million in FY2024 revenue (+25.64% YoY). Founded in 2007 by co-CEOs Ara Mahdessian and Vahe Kuzoyan — Armenian-American entrepreneurs whose fathers both operated residential contracting businesses and who met as undergraduates at Stanford and USC — ServiceTitan was built from personal experience witnessing the operational inefficiencies (paper dispatch boards, handwritten invoices, disconnected scheduling) that prevented skilled trades businesses from growing and modernizing. The company's all-in-one platform serves 7,500+ contractor customers including franchises and large regional service companies, providing job scheduling, technician dispatch, CRM, invoicing, payment processing, marketing automation, inventory management, and business analytics.
Dominant browser-based collaborative UI design platform at ~$600M ARR and $12.5B valuation; Adobe's $20B acquisition blocked by regulators in 2023, Figma remains independent competing with Sketch and Adobe.
About
Figma is a San Francisco-based collaborative web-based product design platform that has become the dominant tool for UI/UX designers and product teams — enabling real-time multi-user collaboration on interface design, prototyping, and design system management directly in the browser without installing desktop software. Founded in 2012 by Dylan Field and Evan Wallace and backed by Sequoia, Greylock, and Andreessen Horowitz with over $330 million raised, Figma generated approximately $600 million in ARR in 2023, serving 4 million+ designers and product teams at companies including Microsoft, Airbnb, Twitter, and Uber. Adobe announced a $20 billion acquisition offer in 2022, which was blocked by regulators in 2023 — Figma remains independent.
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