Total amount raised
$65.4 Million
Latest funding date
2022-10-18
Location
Salesforce has established itself as the leading AI-powered Customer Relationship Management (CRM) platform, integrating apps, data, and AI agents to drive customer success across various business functions. The platform offers tailored solutions for industries such as Automotive, Financial Services, Healthcare, and more, with products like Sales Cloud, Service Cloud, and Marketing Cloud.
Keep reading to explore the intricacies of Salesforce's fundraising journey and the investors backing this innovative platform.
What Is Salesforce?
Salesforce, a leader in the software and technology industry, specializes in customer relationship management (CRM) and AI-driven solutions. Founded by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez, the company is headquartered in San Francisco, California.
As the #1 AI CRM platform, Salesforce unites apps, data, and agents on a single trusted platform to drive customer success. It offers a wide range of products and solutions tailored for various industries, helping businesses automate workflows, predict outcomes, and personalize customer interactions.
How Much Funding Has Salesforce Raised?
- Series A
- Amount Raised: USD 517,000
- Date: April 1999
- Lead Investors: Marc Benioff
- Series B
- Amount Raised: USD 3,776,504
- Date: June 1999
- Lead Investors: Halsey Minor
- Series C
- Amount Raised: USD 13,171,620
- Date: November 1999
- Series D
- Amount Raised: USD 46,910,000
- Date: June 2001
- Series Unknown
- Amount Raised: USD 1,000,000
- Date: January 2003
- Lead Investors: Emergence Capital
- Post-IPO Equity
- Date: October 2022
- Lead Investors: Starboard Value
Salesforce has raised a total of USD 65,375,124 across its funding rounds.
Key Investors
- Marc Benioff
- Details: Marc Benioff is the co-founder, chairman, and CEO of Salesforce. He is a prominent figure in the tech industry, known for his philanthropic efforts and innovative leadership.
- Investment Focus Areas: Technology, Cloud Computing, AI
- Notable Investments: Salesforce, Vlocity, Twilio
- Halsey Minor
- Details: Halsey Minor is an entrepreneur and investor, best known for founding CNET, a media website that publishes reviews, news, articles, blogs, and podcasts on technology and consumer electronics.
- Investment Focus Areas: Media, Technology, Blockchain
- Notable Investments: Salesforce, Uphold, Live Planet
- Emergence Capital
- Details: Emergence Capital is a venture capital firm that invests in early and growth-stage enterprise cloud companies. They are known for their focus on companies that drive the future of work.
- Investment Focus Areas: Enterprise Cloud, SaaS, AI
- Notable Investments: Salesforce, Zoom, Veeva Systems
- Starboard Value
- Details: Starboard Value is an investment firm that focuses on investing in undervalued public companies and working with management to unlock value. They are known for their activist investment strategies.
- Investment Focus Areas: Public Companies, Technology, Consumer Goods
- Notable Investments: Salesforce, Papa John's, eBay
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