Dec 3 (Reuters) - Software startup ServiceTitan said on
Tuesday it was seeking a valuation of as much as $5.16 billion
in its initial public offering in the United States.
The Glendale, California-based company said it plans to
raise up to $502 million by offering 8.8 million shares priced
between $52 and $57 each.
ServiceTitan will join a handful of venture capital-backed
firms, including social media platform Reddit ( RDDT ) and
cybersecurity software firm Rubrik ( RBRK ), that have gone
public this year.
Goldman Sachs, Morgan Stanley, Wells Fargo and Citigroup are
leading a 14-firm underwriting syndicate.
ServiceTitan will list on the Nasdaq under the symbol
"TTAN."
(Reporting by Arasu Kannagi Basil and Jaiveer Shekhawat in
Bengaluru; Editing by Anil D'Silva and Saumyadeb Chakrabarty)