Business of GTM

Salesforce's Listen Labs and ZoomInfo's DoubleO Deals Put Agents in Your Renewal

Salesforce agreed to buy Listen Labs for AI customer research, and ZoomInfo acquired DoubleO to run GTM plays. Both incumbents paid for agents that do a job, which previews next year's upsell.

September 30, 2026

A ZoomInfo desk calendar with one date circled in red, Renewal written in it and a red sticky note reading Agents.
A ZoomInfo calendar with the renewal date circled in red and a note reading Agents, the next line item on your bill.

Salesforce signed a definitive agreement on September 29 to buy Listen Labs, a three-year-old company whose AI agents design customer research. The agents interview people in more than 120 languages across a network of over 50 million participants. They also build simulated customers that predict how real ones will react. Salesforce's announcement says the product will extend Marketing Cloud and Service Cloud, and it expects the deal to close in the fourth quarter of its fiscal 2027. Salesforce didn't disclose a price.

The next day, ZoomInfo announced it had acquired DoubleO.ai, an agent-orchestration startup founded by Derek Osgood and Karthik Suresh. The announcement is new, but the deal isn't. Carnegie Mellon's alumni news reported in October 2025 that DoubleO had already been sold to ZoomInfo, with Suresh working there as a senior product director. What changed this week is that ZoomInfo made DoubleO its public agent strategy. ZoomInfo's release describes a multi-agent system built to run whole GTM plays. When a champion changes jobs, the agents check ICP fit, map the new buying committee and start outreach. When a deal closes, they draft the case study, pick 10 lookalike accounts at competitors and write the messaging. CEO Henry Schuck wrote that ZoomInfo will build the agents into its platform and offer them in headless form to GTM operators.

Salesforce signed to buy Listen Labs, and the next day ZoomInfo went public with an agent deal it had quietly closed last year. Both bought software that does a job a person used to do. In both cases, they were paying for the work itself.

Both acquirers paid for work, and the price shows it

Start with what Salesforce reportedly paid. On September 9, TechCrunch reported that Listen Labs walked away from a signed $125 million Series C term sheet. The term sheet valued it at $1.5 billion, and Listen Labs dropped it to pursue talks with Salesforce. Business Insider put the deal at around $2 billion. TechCrunch also reported roughly $30 million in annualized revenue, with customers including Microsoft, Canva, Anthropic and Sweetgreen. Treat that price as reported, since Salesforce hasn't confirmed it. The same report set the category's going rate. Rival Simile closed a $200 million Series B at a $2 billion valuation in July. So Salesforce appears to have paid about what investors already charge for a standalone research agent. If the $2 billion figure is close, Salesforce paid roughly 65 times revenue for a company that raised at a $500 million valuation in January. At that multiple, Salesforce is paying for a capability it expects to resell across its installed base.

That's a change in what Salesforce shops for. Its last big purchase was Informatica, which closed in November 2025 at about $8 billion and was pitched as a data foundation for Agentforce. Informatica cleaned and moved records, while Listen Labs replaces a research project. Salesforce's own framing leans on labor. Aman Naimat, who runs its AI Labs, describes agents that can conduct meaningful research. Listen Labs' CEO Alfred Wahlforss talks about holding thousands of customer conversations at once.

ZoomInfo's history points the same way. In 2021 it paid $575 million for Chorus.ai to add conversation intelligence next to its contact database. That was a data company buying more signal. DoubleO is different in kind. In the release, Osgood said that ZoomInfo's context graph was the one thing the DoubleO team wanted while building the product. That shows how the two halves fit. ZoomInfo supplies the records and DoubleO runs the play on top of them.

The day before the announcement, ZoomInfo shipped a connector for Superhuman Go. It puts ZoomInfo’s data inside Superhuman's assistant through the same API and MCP interface ZoomInfo already offers to Salesforce Agentforce, HubSpot Breeze, Microsoft Copilot Studio, Claude, ChatGPT and, since September 24, Replit. Together, the two announcements make ZoomInfo's plan plain. It wants to be the context and agent layer running inside other people's tools, and it now owns agents that can do that.

What this tells buyers about the next upsell

For a GTM leader, the useful question is what these companies will try to sell you next year. The answer from both deals is a job, priced as a job.

Salesforce will pitch Listen Labs as a Marketing Cloud and Service Cloud add-on. The budget it goes after today sits in a research agency retainer or a product marketing line. The pitch is that the synthetic panel should live in the same system that holds the pipeline. A product marketing leader who buys a message test from an agency every quarter will hear the pitch at the next Salesforce renewal. Salesforce will say that the test could run inside the CRM on consumption credits.

ZoomInfo's pitch is more direct. A contact database is priced on seats and records, and that’s the part of the stack under the heaviest price pressure. An agent that runs champion tracking end to end can be priced on plays completed, and ZoomInfo controls the meter. Schuck said more announcements will follow, which fits a company getting ready to change the unit its renewals are priced in.

The investors are reading it the same way. Conviction, a Listen Labs backer, congratulated the founders in a post on the acquisition. It called customer conversation at scale one of the capabilities AI has transformed.

On October 1, a day after announcing DoubleO, ZoomInfo launched Agent Teams inside GTM Studio with “no new contract, no new SKU, and no separate purchase,” which puts the agents inside the existing data contract instead of selling them as a separately priced job. ZoomInfo still keeps a meter, since each play draws consumption-based AI credits billed against that contract, with an estimate shown before the play runs. Our October 1 piece on Apollo, Gong and ZoomInfo going after the work RevOps teams were hired to do looks at what that bundle means for standalone agent vendors at renewal.

The case that agents inside the suite become shelfware

The strongest objection is history. Suite vendors have a long record of buying products like this and burying them. A research tool inside Marketing Cloud is only useful to teams that live in Marketing Cloud. Listen Labs' current customers include companies such as Microsoft and Anthropic, which won't necessarily want their customer research running on Salesforce. If the independent customers drift away after close, Salesforce will have paid a startup multiple for a feature.

There's also a question of whether simulated customers are good enough to price as a job. Listen Labs claims its digital twins are grounded in real customer behavior, and the claim is the product's own. We couldn’t find an independent study comparing twin predictions with live launch results. DoubleO carries a similar vendor claim. A tenfold efficiency gain for orchestrated agents against a 20% improvement for unoptimized ones. ZoomInfo's release doesn't show the test behind it. Until customers publish numbers, the jobs these agents do are only promises.

Public discussion hasn't caught up either. Searches across LinkedIn, X and Reddit turned up deal recaps and investor congratulations. One Reddit thread asked why Salesforce keeps buying AI startups. No operator has published results from either product inside an incumbent yet. That’s expected this soon after signing, and it’s worth watching over the next two quarters.

None of that changes the direction. Two companies that make most of their money selling access to records spent real money on software that does work. In the same week, both said so in their own words.

What this means for GTM buyers

If you are a GTM buyer, change the unit before the vendors do. At the next ZoomInfo or data renewal, ask which plays the vendor's agents run end to end today. Then price the contract on plays run rather than records exported or seats licensed. At the next Salesforce renewal, ask whether Listen Labs research will be billed on Flex Credits and at what rate. Compare that number with the research retainer you pay now. If the vendor can't say which job its agents do and what that job costs, you aren't buying an agent yet.

My bet is that ZoomInfo's next pricing change bills at least one agent play on a per-play meter within two quarters of this announcement. If it's still selling seats and records at its next earnings call, the DoubleO purchase was an acqui-hire.

If the vendor can't say which job its agents do and what that job costs, you aren't buying an agent yet.

Business of GTM

At the next Salesforce renewal, ask whether Listen Labs research will bill on Flex Credits and at what rate, and compare that number with the research retainer you pay now.

By Business of GTM