Freshworks

Freshworks

Provides businesses with SaaS customer engagement solutions. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues172m250m371m498m596m710m831m
% growth-45 %49 %34 %20 %19 %17 %
EBITDA(23.4m)(44.9m)(191m)(222m)(158m)--
% EBITDA margin(14 %)(18 %)(52 %)(45 %)(26 %)--
Profit(31.1m)(57.3m)(192m)(232m)(137m)--
% profit margin(18 %)(23 %)(52 %)(47 %)(23 %)--
R&D budget38.6m69.2m120m136m138m--
R&D % of revenue22 %28 %32 %27 %23 %--

Source: Dealroom estimates

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DateInvestorsAmountRound

$1.0m

Seed

$5.0m

Series B

$7.0m

Series C

$31.0m

Series D

$50.0m

Series E

$55.0m

Series F
*

$100m

Valuation: $1.5b

Series G

$150m

Valuation: $3.4b

Series H

$85.0m

Valuation: $3.5b

20.3x EV/LTM Revenues

-149.5x EV/LTM EBITDA

Series H
N/A

$1.0b

Valuation: $13.0b

52.1x EV/LTM Revenues

-289.3x EV/LTM EBITDA

IPO
Total FundingAUD748m

Recent News about Freshworks

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More about Freshworksinfo icon
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Freshworks Inc. is a software company that provides a suite of customer engagement solutions designed to help businesses of all sizes manage customer interactions and internal processes more effectively. The company operates in the customer relationship management (CRM) market, offering products that cater to customer support, sales, marketing, IT service management, and human resources. Freshworks serves a diverse range of clients, from small and medium-sized enterprises (SMEs) to large corporations, across various industries including technology, retail, healthcare, and finance.

Freshworks' business model is based on a subscription-based software-as-a-service (SaaS) platform. Customers pay a recurring fee to access the company's cloud-based applications, which are designed to be easy to use and quick to deploy. The company generates revenue through tiered pricing plans that offer different levels of features and services, allowing businesses to choose the plan that best fits their needs.

The company’s core products include Freshdesk for customer support, Freshsales for sales automation, Freshmarketer for marketing automation, Freshservice for IT service management, and Freshteam for human resources management. These products are integrated into a single platform, enabling seamless data flow and collaboration across different departments within an organization.

Freshworks also offers a marketplace for third-party integrations and applications, allowing customers to extend the functionality of their Freshworks products. This ecosystem approach helps businesses customize their solutions to better meet their specific needs.

Keywords: CRM, SaaS, customer support, sales automation, marketing automation, IT service management, human resources, cloud-based, subscription model, business software.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.
Investments analysisEdit

Investments by Freshworks

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Device42
ACQUISITION by Freshworks May 2024
1CLICK
ACQUISITION by Freshworks Aug 2015
Frilp
ACQUISITION by Freshworks Oct 2015
Airwoot
ACQUISITION by Freshworks Apr 2016
Framebench
ACQUISITION by Freshworks Feb 2016
Chatimity Software Private Limited
ACQUISITION by Freshworks Oct 2016
Zarget
ACQUISITION by Freshworks Aug 2017
Pipemonk (Formerly ZapStitch)
ACQUISITION by Freshworks Jan 2017
Natero
ACQUISITION by Freshworks May 2019
AnswerIQ
ACQUISITION by Freshworks Feb 2020
View 3 more