Cofounders Ara Mahdessian and Vahe Kuzoyan have raised millions of dollars to change the lives of home & commercial service & replacement professionals. They’ve built a $1.67 billion business in the process.
Starting out as a project to simply help their parents’ businesses become more efficient, these entrepreneurs struck on a winning business idea worth billions of dollars.
In their recent appearance on the Dealmakers Podcast, I interviewed them on how they got started and teamed up, how they raised so much money from great VCs, and what it takes to build and scale a hyper-growth startup ()
The Journey Of Two New Business Titans
Vahe Kuzoyan and Ara Mahdessian, the co-founders of ServiceTitan have built a remarkable technology platform that helps their customers successfully operate and grow their businesses while servicing millions of homes each year.
They are rapidly integrating themselves into the DNA of this $400 billion market space, and still have lots of room to grow. Though they’ve already come a long way.
Ara was born in Tehran in the midst of the Iran-Iraq conflict. The city was being bombed as his mother was giving birth, and they would have to be ushered down to the bunker and back up again between the blasts. When he was just several months old his family immigrated to the US and landed in Los Angeles.
Vahe was born in Armenia during the Soviet Union days. When he was six years old his family also made their way to LA.
Vahe followed his path into studying neuroscience and the similarities between the human brain and computers.
Ara stumbled into coding by accident. Barely in elementary school, his father would take him to Barnes & Noble’s to pick out books. Knowing little English at the time they were often random books and not what was expected.
One of the books was Learn Visual Basic in 21 Days. Ara began following the step by step instructions and in a few weeks was coding and building his own software. A passion that stayed with him through school. In high school, he was spending his spare time building applications for family friends and local businesses.
One of them went to Stanford and the other enrolled in USC. They both joined their school’s Armenian Student Association Group. These groups just happened to go on a joint ski trip to Big Bear in Southern California. Then Ara and Vahe bumped into each other on the way in.
They started talking and found a shared interest in computer science and solving similar challenges for their fathers. They teamed up and have been working together ever since then.
The Summer Project That Spawned A Billion Dollar Business
Both Vahe and Ara’s fathers were home service contractors.
They had arrived in America without speaking English, no transferable career, and no money. They took on all types of odd jobs to put food on the table.
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