ServiceTitan, based in Los Angeles, has appointed Dave Sherry as its new Chief Financial Officer (CFO).
“Dave’s experience in vertical software and scaling successful businesses will be invaluable to our team, and most importantly, our customers,” Ara Mahdessian, CEO and co-founder of ServiceTitan told Business Wire. “His passion and expertise will be critical as we continue to expand our capabilities to solve the biggest pain points for contractors all across the country. I am thrilled to have him be part of the ServiceTitan team as we take the company into its next phase of growth."
Under his new role, Sherry will work in collaboration with other members of ServiceTitan’s executive team to implement strategies intended to help promote business opportunities for contractors and business owners associated with essential services. He will also be tasked with developing and implementing expansion opportunities across the Trades industry, according to Business Wire.
Sherry will contribute more than a decade of CFO experience, which he mostly recently garnered at real estate Latin American marketplace and tech company, QuintoAndar and as CFO at Vertical Software company, Lightspeed. He also worked at TPG, Accel and McKinsey & Co, and earned an MBA at Stanford University.
The appointment is one of several efforts made by ServiceTitan across various Trade sectors. The company offers services to residential and commercial contractors specializing in HVAC, Plumbing, Electrical and other Trade verticals, as well as customers associated with the Green industry. In total, the company serves more than 11,800 businesses in North America.
“I see so much opportunity in the Trades industry, which I wholeheartedly believe deserves the most advanced software solutions that so many other sectors are already afforded,” said Sherry. “ServiceTitan has the key elements of what makes a great business - authentic, mission-driven founders who genuinely believe that long-term success will come from delivering value to their customers, a high-caliber and highly functioning team, and a market ripe for disruption and leadership. This, paired with the strong financial health of the business, makes ServiceTitan a unique company with the potential to compound for years to come.”