Intercom Raises $125M in Series D

Intercom has successfully raised $125M in a Series D at a $1.28B valuation led by Kleiner Perkins.

Company Overview

Intercom is a Enterprise Software company headquartered in San Francisco, CA, founded in 2011 with 600+ employees.

Customer messaging platform

Fundraising Details

Amount Raised: $125M
Round Type: Series D
Valuation: $1.28B
Date: 2024-06-01
Investors: Kleiner Perkins

About Intercom

Customer messaging platform The company is positioned in the Enterprise Software sector, serving a growing market with innovative solutions.

Key Information

Headquarters: San Francisco, CA
Founded: 2011
Team Size: 600+
Industry: Enterprise Software

What This Means

This funding round demonstrates strong investor confidence in Intercom's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Enterprise Software sector continues to attract significant investment as companies innovate to meet evolving market demands. Intercom's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1.28B valuation marks an important milestone for Intercom, positioning the company among notable players in the Enterprise Software industry.

Looking Ahead

With this new capital, Intercom is well-positioned to execute on its growth strategy and continue building innovative solutions in the Enterprise Software space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-06-01. For more information about Intercom, visit their headquarters at San Francisco, CA.

Intercom