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    ServiceTitan Inc (TTAN)

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    TTAN is a software platform provider primarily serving the trades industry. The company offers a range of software solutions designed to enhance the operations of small- and medium-sized businesses (SMBs) as well as larger enterprises in the trades sector. TTAN's offerings include subscription-based access to its platform and usage-based financial technology solutions, catering to various business needs within the industry.

    1. Platform Revenue - Generates the majority of TTAN's revenue through subscription and usage-based models.

      • Subscription Revenue - Provides access to TTAN's platform, including Core and Pro products, offering essential and advanced functionalities for business operations.
      • Usage-Based Revenue - Involves transactions using TTAN's FinTech solutions and usage of certain Pro products, including payment processing and third-party financing solutions.
    2. Professional Services and Other Revenue - Contributes a smaller portion of TTAN's revenue, primarily from onboarding new customers and additional services.