Zendesk
Founded Year
2007Stage
Take Private | AliveTotal Raised
$5.101BValuation
$0000Revenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+14 points in the past 30 days
About Zendesk
Zendesk focuses on customer service and experience solutions within the software industry. Its main offerings include customer support ticketing, live chat, artificial intelligence (AI) powered automation, and data analytics to enhance customer interactions. Zendesk primarily serves sectors such as retail, financial services, education, government, healthcare, and telecommunications. It was founded in 2007 and is based in San Francisco, California.
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ESPs containing Zendesk
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The employee support AI agents & copilots market consists of companies providing an internal, employee-facing interface to retrieve information using natural language cues. AI employee support platforms answer human resources (HR) questions related to topics like employee benefits or workforce policies. These platforms can also address internal inquiries around workflow, locating documents and inf…
Zendesk named as Leader among 9 other companies, including Moveworks, Darwinbox, and Amelia.
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Research containing Zendesk
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Zendesk in 2 CB Insights research briefs, most recently on May 12, 2023.
Oct 26, 2022 report
Top omnichannel communications companies — and why customers chose themExpert Collections containing Zendesk
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Zendesk is included in 2 Expert Collections, including Sales & Customer Service Tech.
Sales & Customer Service Tech
898 items
Companies offering technology-driven solutions for brands and retailers to enable customer service before, during, and after in-store and online shopping.
Artificial Intelligence
322 items
Zendesk Patents
Zendesk has filed 43 patents.
The 3 most popular patent topics include:
- information technology management
- customer relationship management
- computer telephony integration
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
7/14/2021 | 8/1/2023 | System administration, Disability sport classifications, Software testing, Computer memory, Memory management | Grant |
Application Date | 7/14/2021 |
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Grant Date | 8/1/2023 |
Title | |
Related Topics | System administration, Disability sport classifications, Software testing, Computer memory, Memory management |
Status | Grant |
Latest Zendesk News
Sep 17, 2024
Today Zendesk has announced the introduction of Outcome-Based Pricing for AI agents, a solution that ties the company's pricing model to the successful outcomes delivered by these AI agents. This marks a shift from the traditional interaction-based pricing approach, ensuring businesses pay only for issues resolved autonomously by AI, thereby aligning costs directly with the value received. Nikhil Sane, Senior Vice President of GTM Strategy and Pricing at Zendesk, commented on the company's commitment to innovation and customer needs. "Zendesk’s commitment to innovation has always been driven by a deep understanding of our customers’ evolving needs. As the industry moves toward more transparent, results-oriented business models, we are proud to lead the way with a solution that ensures companies can confidently invest in AI," he said. Sane further elaborated on the new pricing model, stating, "Our Outcome-Based Pricing Solution is more than just a pricing model—it’s a reflection of our dedication to driving real, measurable success for our customers. As we continue to innovate and lead in AI-powered CX, Zendesk remains committed to listening to our customers and evolving all aspects of our offerings to meet their needs." The Outcome-Based Pricing is designed to offer customer flexibility, transparency, and scalability. Each business can integrate AI agents according to their unique needs and timelines, while human agents can monitor automated resolution usage, forecast future requirements, and adapt their plans accordingly. Zendesk has also ensured that the pricing remains straightforward and transparent, allowing customers to scale automated resolutions as required with clear tracking across all channels. To further support businesses, Zendesk’s pricing model includes a starter usage level at no additional cost, enabling them to manage their AI integration effectively and avoiding unexpected expenses. An in-product dashboard provides visibility into automated resolution usage and automation rates, ensuring that businesses can optimise their AI integration as they evolve. The introduction of Outcome-Based Pricing is particularly significant given the anticipated rise in automated customer interactions. According to Zendesk, up to 80% of online interactions are expected to be automated soon, necessitating a shift in how companies measure and deliver value to their customers. This move by Zendesk aligns with broader industry trends and reflects the company's ongoing commitment to innovation and customer service. Zendesk entered the Australian market in 2013 and has since been implemented on thousands of e-commerce sites. The Outcome-Based Pricing could potentially lead to substantial savings for local businesses, especially as e-commerce spending is expected to reach new heights in 2024. As AI becomes central to managing customer interactions, Zendesk aims to make AI agents accessible to all businesses. These capabilities are included in all Zendesk Suite and Support plans, with a starter usage level offered at no additional charge. This ensures that companies can continue to provide efficient customer experiences without incurring additional costs initially. By shifting to Outcome-Based Pricing, Zendesk is not only reflecting the value of AI but also ensuring that businesses can continue to meet customer needs effectively. The new model underscores Zendesk's leadership in AI-powered customer service and its commitment to delivering measurable success for its customers. Follow us on:
Zendesk Frequently Asked Questions (FAQ)
When was Zendesk founded?
Zendesk was founded in 2007.
Where is Zendesk's headquarters?
Zendesk's headquarters is located at 989 Market Street, San Francisco.
What is Zendesk's latest funding round?
Zendesk's latest funding round is Take Private.
How much did Zendesk raise?
Zendesk raised a total of $5.101B.
Who are the investors of Zendesk?
Investors of Zendesk include Hellman & Friedman, GIC, HPS Investment Partners, Blackstone, Apollo Global Management and 16 more.
Who are Zendesk's competitors?
Competitors of Zendesk include Gorgias, Drift, LiveVox, Uniphore, Front and 7 more.
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Compare Zendesk to Competitors
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Kayako is a company that focuses on customer service solutions within the technology sector. It offers a help desk software platform that provides features such as live chat, shared inbox, ticketing software, and a customer self-help knowledge base, all aimed at managing customer requests and conversations across multiple channels. The company primarily serves sectors such as ecommerce and internal IT support. It is based in London, England.
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