Cloud software firm ServiceTitan is launching an initial public offering (IPO) to raise up to $502 million.ServiceTitan offers a cloud-based platform tailored for service businesses, helping them streamline operations and improve efficiency.The platform includes tools for scheduling, dispatching, customer relationship management, and reporting, along with AI-powered technology.ServiceTitan has raised $1.1 billion in venture capital funding and is valued at up to $5.16 billion.