Irish start-up Intercom valued at $500m

Intercom, the Irish-led technology firm which raised $35 million last week, is now valued by its investors at more than $500 million, just four years after it was founded.

30th August, 2015
Paul Adams, vice president of product at Intercom

To date, the customer communication platform for internet businesses has raised $66 million from investors. Its valuation has rocketed, according to industry sources, as its revenues grew by 100 times since it raised its first series A funding of $6 million in June 2013. Intercom said at the start of this year it believed it was building a $1 billion business, but last week declined to comment on its current valuation.

Intercom, which plans to double its staff numbers to...

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