How Intercom rose from the ashes by betting everything on AI | Eoghan McCabe (founder and CEO)

21 Aug 2025 · 83 min
Episode

21 Aug 2025 · 83 min

0:00

Eoghan McCabe returned to lead Intercom through a radical pivot to AI. Six weeks after GPT-3.5, the company shipped Fin beta, cut $50M in ARR to simplify pricing, and reallocated ~$100M to the new product. Fin grew from $1M to $12M ARR in year one and is now growing over 300% annually.

Questions this episode answers

About six weeks after GPT-3.5's launch.

About 30,000 paying customers (plus hundreds of thousands of active users and billions of data points).

Fin will pass $100 million ARR in less than three quarters (claim made by McCabe).

First-year growth from $1M to $12M ARR; growth 'north of 300%'; currently in mid-8-figure ARR (host/guest statements).

Intercom is in the 15th percentile for ARR growth among ~120 public B2B software companies (claim made by McCabe).

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