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Intercom

San Francisco, CA, USA Software Acquired

Fin (formerly Intercom, renamed May 2026) is an AI customer service company whose Fin AI Agent resolves support queries end-to-end across chat, email, WhatsApp, SMS, phone and Slack. It is powered by Apex, a proprietary model built for support use cases, and sold on outcome-based per-resolution pricing. Fin serves over 30,000 customers and reports resolving 76% of support volume autonomously; the legacy Intercom customer service platform continues as a product. Salesforce completed its acquisition of the company for approximately $3.6 billion in September 2026, and Fin now operates within Salesforce's AI Labs.

Acquired

Intercom has been acquired

Acquired by Salesforce Jun 15, 2026 $3.6B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2011

Employees

1,001–5,000

Total Funding

$490.75M

8 rounds

Latest Valuation

$2B

Jan 1, 2025

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

3 signals
M&A Recent ~$3.6B all-cash acquisition (closed) 2026-09-10

Salesforce completed its ~$3.6B acquisition of Fin (formerly Intercom) on 2026-09-10, ahead of schedule; Fin joins Salesforce AI Labs.

Company is now a Salesforce subsidiary; private-share secondary market has ended.

Fundraise Recent debt $250M 2026-03-15

Secured $250M debt financing led by Hercules Capital (March 2026)

Debt-only raise avoids dilution; signals self-sufficient capital structure

Tender / Secondary Recent valuation $2B+ (tender talks) 2025-09-01

In talks to sell >$100M shares via tender at $2B+ valuation per The Information

Explicit tender mark at $2B+ supports secondary pricing recovery from prior $1.3B

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $490.75M across 8 rounds

Last updated 10-07-2026

DateRoundAmount RaisedValuationLead Investors
Mar 9, 2026 Venture debt $250M — Hercules Capital
2025 Secondary / Tender $100M $2B Not disclosed
Mar 27, 2018 Series D Bloomberg $125M $1.27B Kleiner Perkins

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$1B $2B 2020 2022 2024 Intercom

Entry · Series D

$1.3B

Mar 2018

Intercom today

$2B

Jan 2025 · latest mark

Intercom multiple

1.6x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Prominent Investors

GV Bessemer Venture Partners Index Ventures Kleiner Perkins Caufield & Byers Kleiner Perkins

Leadership

  • Eoghan McCabe

    CEO and Chairman of the Board

    LinkedIn
  • Des Traynor

    Chief Strategy Officer and Co-Founder

    LinkedIn
  • Ciaran Lee

    Chief Engineer and Co-Founder

  • Archana Agrawal

    President

  • Paul Adams

    Chief Product Officer

  • Fergal Reid

    Chief AI Officer

  • Darragh Curran

    Chief Technology Officer

  • Jordan Neill

    Chief Operating Officer

  • Dan Griggs

    Chief Financial Officer

  • Lauren Cullen

    SVP, People

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Zendesk

    Enterprise customer experience suite with ticketing, workflows and a per-resolution AI agent; private since its 2022 take-private by Hellman & Friedman and Permira

  • Sierra

    AI agent platform for customer service founded by Bret Taylor, competing directly on autonomous end-to-end resolution

  • Decagon

    AI customer support agent startup selling outcome-based resolution automation to enterprise support teams

  • Ada

    AI customer service automation platform covering chat, email, voice and SMS through a multi-model reasoning engine

  • Freshworks

    Publicly traded support and CRM vendor whose Freshdesk product offers automation, self-service and multi-channel support

  • HubSpot Service Hub

    Customer service component of HubSpot CRM offering shared inbox, automation and the Breeze customer agent

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Data collected with AI, which can make mistakes. Please double-check this information.