Intapp, Inc.

Intapp, Inc.

What the company does

• Global provider of AI-powered solutions for professional firms in highly regulated industries.
• Offers vertically tailored software for accounting, consulting, investment banking, legal, private capital, and real assets firms.
• Helps firms grow, manage compliance, and improve profitability by applying Firm AI to core processes and data.

Platform and technology

• Firm AI: An integrated, cloud-based architecture across Intapp’s product suite.
• Four architectural layers, governed by Intapp Celeste (an agentic AI coworker):
  • Expert coworker agents executing firm playbooks (e.g., screening deals, conflicts clearance, onboarding).
  • Proprietary data and semantic layer (Intapp Data Foundation, firm ontology, relationship graph, deal/matter history, institutional memory).
  • Professional-compliance and trust substrate (Walls for AI) enforcing ethical walls, independence, privilege, retention, consent, and related controls.
  • Decision-tracing layer that logs agent actions and rationales for auditability.
• Industry data architecture:
  • Specialized industry graph data model supporting many-to-many relationships among professionals, clients, investors, portfolio companies, and assets.
  • Intapp Integration Service: cloud-native, no-code/low-code integration with 100+ industry-specific connectors.
  • Data Foundation supports relationship intelligence, automated summarization, and predictive analytics and connects to a growing ecosystem of data partners.
• Cloud infrastructure:
  • Built on Microsoft Azure; multi-tenant, centralized codebase with quarterly major releases and monthly maintenance releases.
  • Enterprise-grade security with information barriers and ethical walls enforced across data and AI outputs.
  • Model Context Protocol (MCP) enables external AI tools and agents to securely connect to Intapp data.
• Key benefits:
  • AI-enabled growth and workflow automation across business development, intake, deal management, and work delivery.
  • End-to-end platform designed to improve throughput without proportional cost increases.
  • Strong emphasis on risk, compliance, and governance for AI outputs.

Core products and solutions

• Firm AI platform (Celeste): Agentic AI platform with firm playbooks and domain customization (no-code agent customization across origination, intake, conflicts, fundraising, limited partner/investor reporting, cross-sell, etc.).
• DealCloud: Relationship, deal, and client management with market data integration; supports coverage models, origination, and advisory workflow.
• Intapp Properties: Real assets deal evaluation, AI-driven data extraction, GIS mapping, and financial modeling integrations; supports project execution and portfolio intelligence.
• Compliance tools: Intapp Terms (policy/term management), Intapp Walls for AI (information barriers), Intapp Employee Compliance (regulated activity monitoring).
• Time and billing: Intapp Time and Billstream for time capture and pre-billing/invoicing automation to improve realization and billing cycles.
• Collaboration and Workspaces: Microsoft 365/Teams/SharePoint integration for client-centric collaboration with governance features.
• Data Foundation: Core data platform for semantic understanding, governance, and AI-ready data.
• Intapp Integration Service: Over 100 connectors and automation capabilities to unify data and workflows.

Market served and customer base

• Target industries: accounting, consulting, investment banking, legal, private capital, and real assets.
• Customer footprint:
  • 97 of the Am Law 100 law firms.
  • 17 of the top 20 accounting firms.
  • Over 1,700 private capital, investment banking, and real assets firms.
• Client growth and ARR:
  • More than 1,400 enterprise clients with contracts greater than $50,000 in ARR as of June 30, 2026.
  • 1,275 enterprise clients at the end of fiscal year 2025 (about a 10% year-over-year increase to mid-2026).

Global footprint and people

• Offices: Eleven global offices; headquarters in Palo Alto, California; additional offices in the U.K., Portugal, Germany, Ukraine, and Singapore.
• Employees: 1,340 full-time employees as of June 30, 2026.
• Partners and ecosystem: More than 150 data, technology, data services, and implementation partners, including a strategic alliance with Microsoft.

Growth strategy and recent activity

• Growth levers:
  • Expand adoption of generative and agentic AI to drive firm growth and workflow automation.
  • Move upmarket into larger enterprise clients with more complex requirements.
  • Land-and-expand within existing clients to broaden deployments and capabilities.
  • Accelerate cloud adoption and cloud-first delivery.
  • Expand geographic reach and pursue adjacent markets such as corporate legal and corporate development teams.
• Acquisitions and strategic actions:
  • Completed 12 acquisitions over the past 14 years.
  • 2025 acquisition of TermSheet (real estate software); TermSheet and DealCloud integration created Intapp Properties.
  • Ongoing evaluation of strategic acquisitions to extend platform capabilities and client reach.
• Partnerships:
  • Strategic alliance with Microsoft for joint innovation, marketing, and Azure marketplace go-to-market.
  • Emphasis on open API integration via MCP and extensive connectors to extend the platform.

Financial snapshot

• The company incurred net losses in fiscal years 2024, 2025, and 2026.
• Capital structure and liquidity:
  • On July 7, 2026, Intapp entered into a five-year senior secured revolving credit facility with UBS AG as administrative agent; there was no outstanding balance under the facility as of that date.
  • The facility includes customary covenants and security interests.
• Stock and ownership:
  • As of August 6, 2026, Anderson Investments Pte Ltd. and affiliates held approximately 22% of common stock.
  • The company has a stock repurchase program authorized up to $200 million (announced January 29, 2026) with no expiration date.
  • Approximately 76.5 million shares outstanding as of August 6, 2026.
• Other notes:
  • No dividends have been paid historically; the company does not expect to pay regular dividends in the foreseeable future.
  • Future equity or debt financings could dilute existing stockholders.
  • The business is exposed to macroeconomic risks, currency fluctuations from foreign-denominated revenues, and legal and regulatory risks related to privacy, AI regulation, and cross-border data transfer.

Risk and regulatory context

• Data security and privacy: reliance on third-party cloud providers and sub-processors; evolving global data protection laws (GDPR, CPRA, CCPA, EU Data Act, EU AI Act) and related compliance requirements.
• AI-related risks: accuracy, bias, data provenance, and regulatory scrutiny around agentic and generative AI.
• Operational risks: dependency on cloud and international operations, multi-jurisdictional compliance, and currency exposure across more than 55 countries.
• Revenue and growth risks: long sales cycles, dependence on renewals and upgrades, and ongoing investments in AI, R&D, and go-to-market activities without guaranteed immediate return.

Summary

Intapp provides an AI-powered, cloud-based platform tailored for professional firms in regulated industries. Its offering covers workflow, data, compliance, and collaboration capabilities anchored by Firm AI and Celeste. The company serves a broad enterprise client base, including major law and accounting firms, and reported over 1,400 enterprise clients and 1,340 employees as of mid-2026.