July 9, 2025 · Form 4 insider transaction
Bessemer Venture Partners VIII L.P. sold 11,346 shares of ServiceTitan, Inc. at $110.65 per share, a transaction worth $1.26M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
On July 9, 2025, BVP VIII, BVP VIII Inst and 15 Angels II sold 5,029 shares, 6,047 shares and 270 shares of Class A Common Stock of the Issuer, respectively.; These shares were sold at a weighted average price of $110.65. These shares were sold in multiple transactions at prices ranging from $110.50 to $111.19. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.; After the sales, BVP VIII, BVP VIII Inst, 15 Angels and Cloud All Star Fund, L.P. ("CASF"), own 3,571,026 shares, 4,294,676 shares, 191,810 shares and 2,470 shares of Class A Common Stock, respectively.; Certain affiliates of the Bessemer Funds own a material interest in Cloud All Star Fund GP, LLC, the general partner of CASF, which has voting and dispositive power with respect to the shares held by CASF. 15 Angels is a subsidiary of BVP VIII Inst. Deer VIII & Co. L.P. ("Deer VIII L.P.") is the general partner of BVP VIII and BVP Inst VIII. Deer VIII & Co. Ltd. ("Deer VIII Ltd.") is the general partner of Deer VIII L.P. Byron Deeter, David Cowan, Jeremy Levine, Robert P. Goodman, Scott Ring, Sandra Grippo and Robert M. Stavis are the directors of Deer VIII Ltd. and hold voting and dispositive power for the Bessemer Funds. Investment and voting decisions with respect to the securities held by the Bessemer Funds are made by the directors of Deer VIII Ltd. acting as an investment committee.