ServiceTitan is adding another partnership to its portfolio of contracting collaborations.
The Glendale-based tech company announced on Wednesday it would partner with roofing supplier SRS Distribution Inc., and introduce the partnership in two stages.
Through the partnership, roofers will be able to use ServiceTitan to sift through roofing suppliers’ material catalogs that SRS provides in the coming months. As SRS and ServiceTitan merge integrations, roofers will be able to see price changes to materials in real time, check availability on inventory and order online while getting updates on delivery status in Spring 2025.
“We are committed to providing roofers with the transformative solutions they need to enhance their business and better serve their customers,” Chris Petros, general manager of residential markets at ServiceTitan, said in a statement. “Our partnership brings the power of SRS into ServiceTitan, equipping roofers with a streamlined workflow that reduces the time between estimate, order, and execution.”
It may seem simple, but the contracting field has been a straggler when it comes to adopting new technologies, even ones as commonplace as order and delivery notifications. That’s why ServiceTitan has become so successful – the company, founded in 2007, has raised around $1.46 billion in funding to cement itself as a Software-as-a-Service platform for the building services space.
Today, it has around 130 partnerships and integrations, corralling all the parts of contracting – marketing, tax compliance, lead generation and material sourcing – into one platform.
A quietly growing sector
Despite its many partnerships in the heating, ventilation and air conditioning space, as well as plumbing and electric services, SRS – which is considered one of the “Big 3” roofing suppliers in the U.S. – is the first partnership with ServiceTitan that focuses on roofing. Terms of the deal were not disclosed.
“This collaboration will redefine contractor operations with seamless digital solutions that enhance project workflows,” Rajeev Rai, the executive vice president and chief digital officer at SRS, said in a statement, adding that the partnership will allow roofers to “manage multiple entities effectively, gaining valuable insights into performance metrics.”
Perhaps roofing is having a moment – the news came on the heels of Utah-based JobNimbus, a Software-as-a-Service platform for the roofing sector, which announced a $330 million growth investment from a private equity firm on Wednesday after completing three major acquisitions. Chicago-based Acculynx, another business management software for the roofing sector, rolled out a slew of tech features in late October.
Construction technology in general is seeing a lot of love from investors, despite overall economic uncertainty sentiments in the U.S. In terms of capital raised, 2024 has been the best year for the sector since 2015. While most industries peaked in 2021, when venture funding was more generous, the construction sector saw $12.65 billion in funding so far in 2024, compared to just $9.42 billion in 2021.
ServiceTitan is boosting its roofing capabilities in other ways too. The company’s roofing software provides contractors with real-time data from the job site, allowing those contractors to estimate timelines and deliveries on roofing materials, as welll as juggle multiple projects at once.
