Software startup ServiceTitan submitted the documents for an Initial Public Offering (IPO) on the Nasdaq on Monday, where it will be listed under the ticker "TTAN." According to Renaissance Capital, the firm has not revealed pricing terms yet, but it intends to secure up to $100 million through its IPO as a placeholder for a deal that could raise $750 million.

Headquartered in Glendale, California, this company specializes in providing cloud-based solutions designed to enhance operations such as marketing, job scheduling, dispatching, invoice generation, and payment processing.

In its IPO strategy, ServiceTitan intends to reserve up to 5% of its shares for a select group, including eligible clients, friends and family of the company's founders, and other individuals, who will be able to participate through a directed share program.