F
EnterpriseMixedNASDAQ: FRSHVERIFIED

Freshworks

San Mateo, California, United States• Founded 20101,000-5,000 employees

Freshworks Inc. is a customer engagement and IT service management software company best known for its cloud-based products like Freshdesk and Freshservice. The company serves businesses of all sizes with SaaS solutions for customer support, sales, marketing, and internal IT operations.

AI Strategy

Freshworks embeds AI capabilities, branded as Freddy AI, across its customer support, CRM, and ITSM products to automate repetitive tasks, provide conversational self-service, and assist agents with recommendations and insights. Its strategy focuses on practical, workflow-embedded AI for SMB and mid-market customers rather than building foundational models, leveraging third-party LLMs and its own domain data to improve support efficiency and customer experience.

Key AI Products

Freshworks Neo platform (AI capabilities)Freddy AI (virtual agent and AI assistant across Freshworks products)

Financials

Employees
1,000-5,000

Funding

Last Round
IPO
2021-09

Business Focus

Customer support softwareIT service managementCRM and sales automationMarketing automationCustomer engagement

Competitive Analysis

Strengths

  • Strong focus on SMB and mid-market customers with relatively simple pricing and deployment
  • Broad product suite covering support, CRM, and ITSM on a unified platform
  • Embedded AI (Freddy) that is tightly integrated into workflows rather than standalone tools

Challenges

  • Faces intense competition from larger CRM and ITSM platforms like Salesforce and ServiceNow
  • Brand awareness and ecosystem smaller than top-tier enterprise SaaS vendors
  • Historically stronger in support than in deeply complex enterprise workflows

Competitors

Industries