ServiceTitan Acquires Convex
For years, ServiceTitan and Convex have independently built best-in-class software for commercial businesses and contractors.
Today, these two companies have joined forces to make the everyday lives of their customers even better and improve their profitability.
On April 2, ServiceTitan, the first Armenian-founded unicorn startup, entered into a definitive agreement to acquire Convex.
Convex is a leading sales and marketing platform built specifically for the commercial contractor services industry. Founded in 2017, the company modernizes this industry with data-driven solutions that increase contractors’ revenue by improving their strategies and execution.
“ServiceTitan is on a mission to build technology that significantly improves the lives of every single contractor,” said Ara Mahdessian, CEO and co-founder of ServiceTitan. “We are laser-focused on delivering high ROI, purpose-built software for the commercial services industry.
“Businesses in this industry deserve a platform that works as hard as they do — a platform that can help them operate and enable profitable growth for decades to come. I’m thrilled to welcome Convex to the ServiceTitan family as we collectively join forces to continue executing on this ambitious vision.”
Founded by Vahe Kuzoyan and Ara Mahdesyan in 2012, ServiceTitan is number 5 on the Forbes Cloud 100 list.
The Armenian office was opened in December 2018, initially having only five employees. Today, more than 400 people work in the Armenian office, and the number of employees worldwide exceeds 2800. The software offered by the company is being used by more than 100,000 contractors in the US and Canada. All these numbers are continuously growing.