Meld Valuation / Venture NAV Tracker
FundsCompaniesMethodology
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Venture NAV Tracker / Private company

Intercom, Inc

Application Software
Headquarters—
Founded—
Last known round—
Reported valuation—

Security-class differences are disclosed on the affected rows; non-degenerate marks remain in the underlying-company comparison band. 1 row is omitted from dispersion statistics under the degenerate-mark guard; each affected row states why.

Cross-fund comparison

Equity & warrant marks

One underlying-company band; one latest disclosed mark per fund and security.

FundFair valueSecurity / annotationsImplied price / shareMark age vs roundMethodology / filing
VCXFundrise Innovation Fund$2.4MMar 31, 2026 · source ↗SPVFair value hierarchy level 3Held via SPV/fund interest; implied per-share reflects the vehicle's carrying value and may include vehicle-level economics.Filed as SPV; the comparison band's majority class is senior secured loan.No valuation basis was disclosed for this position. This is an annotation only and does not exclude the mark from comparison statistics.$53.00Mar 31, 2026 · source ↗—Mar 31, 2026 · source ↗N-PORT 2026-03-31 ↗

Cross-fund comparison

Debt investments

Included in the same underlying-company comparison band.

FundSecurity type / annotationsPrincipalFair valueFV / principalRateMaturityMark age vs roundNon-accrual
HTGCHercules Capital, Inc.senior secured loanFair Value — Senior SecuredNo valuation basis was disclosed for this position. This is an annotation only and does not exclude the mark from comparison statistics.Omitted from statistics — security type is not an eligible fund-equity mark for dispersion.$22.5MMar 31, 2026 · source ↗$22.3MMar 31, 2026 · source ↗99.0%Mar 31, 2026 · source ↗Prime + 2.00 %, Floor rate 8.50 %, Cap rate 9.25 %, PIK Interest 1.00 %, 3.95 % Exit FeeMar 31, 2026 · source ↗Feb 1, 2031Mar 31, 2026 · source ↗—Mar 31, 2026 · source ↗NoMar 31, 2026 · source ↗

Historical marks

Reported fair value by fund

Each bar is a disclosed position-quarter.

$2.4MVCXMar 31, 2026 · source ↗$416.6KVCXMar 31, 2026 · source ↗$22.3MHTGCMar 31, 2026 · source ↗
Figures are compiled from public filings.Read methodologyMELD Valuation