Investments
797Portfolio Exits
155Funds
19Partners & Customers
7Service Providers
1About Salesforce Ventures
Salesforce Ventures is a corporate venture arm of Salesforce. It seeks to invest in the cloud-based and technology sectors. The firm was founded in 2009 and is based in San Francisco, California.
Want to inform investors similar to Salesforce Ventures about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Expert Collections containing Salesforce Ventures
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Salesforce Ventures in 4 Expert Collections, including HR Tech.
HR Tech
65 items
Store tech (In-store retail tech)
55 items
Startups aiming work with retailers to improve brick-and-mortar retail operations.
Fortune 500 Investor list
590 items
This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.
Travel Technology (Travel Tech)
39 items
Tech-enabled companies offering services and products focused on tourism. This collection includes booking services, search platforms, on-demand travel and recommendation sites, among others.
Research containing Salesforce Ventures
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Salesforce Ventures in 3 CB Insights research briefs, most recently on Jul 14, 2023.
Jul 14, 2023
The state of LLM developers in 6 charts
Mar 15, 2022 report
The Retail Tech 100: The top retail tech companies of 2022
Latest Salesforce Ventures News
Sep 22, 2023
Salesforce Signs Definitive Agreement to Acquire Airkit.ai Salesforce has signed a definitive agreement to acquire Airkit.ai, a creator of AI powered customer service applications and experiences. Airkit.ai enables Fortune 500 and fast growing businesses to build flexible, omni-channel customer engagement applications, and AI-based customer service agents. Upon close of the acquisition, Airkit.ai will become a part of Service Cloud and continue to be led by Adam Evans, Co-Founder and CTO of Airkit.ai. Prior to Airkit.ai, Adam was the Co-Founder and CTO of RelateIQ, acquired by Salesforce in 2014, and became a key part of Sales Cloud Einstein. “The future of customer engagement will be powered by a new set of AI-driven customer experiences,” said Bill Patterson, EVP & General Manager of C360 Applications at Salesforce. “Adam and team have a strong understanding of the Customer 360 Platform and are some of the best technologists we have worked with in helping Salesforce customers connect with their own customers in a whole new way. We are excited to bring the Airkit.ai team back to Salesforce where they have a strong track record of innovation and a focus on customer success.” The future of customer engagement will be powered by a new set of AI-driven customer experiences Bill Patterson, EVP & General Manager of C360 Applications at Salesforce The addition of Airkit.ai to Salesforce will also help Service, Sales, Marketing and Commerce teams move faster into the future of customer engagement in the era of AI. “In the world of Generative AI, it’s clear we need new types of experiences that provide opportunities to transform the engagement experience,” said Adam Evans, Airkit.ai Co-founder and CTO. “At Airkit.ai, we’ve been doing this since our inception, and view Salesforce, the customer company, as a perfect fit for Airkit.ai, the experience company.” In the world of Generative AI, it’s clear we need new types of experiences that provide opportunities to transform the engagement experience. Adam Evans, Airkit.ai Co-founder and CTO Airkit.ai is a Salesforce AppExchange partner and a Salesforce Ventures portfolio company. Salesforce looks forward to welcoming the Airkit.ai team to Salesforce upon the close of the acquisition, which is expected to occur in the second half of Salesforce’s fiscal year 2024, subject to customary closing conditions. We are not disclosing any other details of the acquisition at this time. This transaction does not result in any change to our current financial guidance previously provided on August 30, 2023. Share
Salesforce Ventures Investments
797 Investments
Salesforce Ventures has made 797 investments. Their latest investment was in Hugging Face as part of their Series D on August 8, 2023.
Salesforce Ventures Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
8/23/2023 | Series D | Hugging Face | $235M | Yes | 6 | |
8/22/2023 | Series A | Cerby | $17M | No | 3 | |
8/8/2023 | Series A | Thunder | $21.81M | No | Recognize Partners, Salesforce Ventures, and Undisclosed Investors | 3 |
8/8/2023 | Bridge | |||||
7/26/2023 | Series A |
Date | 8/23/2023 | 8/22/2023 | 8/8/2023 | 8/8/2023 | 7/26/2023 |
|---|---|---|---|---|---|
Round | Series D | Series A | Series A | Bridge | Series A |
Company | Hugging Face | Cerby | Thunder | ||
Amount | $235M | $17M | $21.81M | ||
New? | Yes | No | No | ||
Co-Investors | Recognize Partners, Salesforce Ventures, and Undisclosed Investors | ||||
Sources | 6 | 3 | 3 |
Salesforce Ventures Portfolio Exits
155 Portfolio Exits
Salesforce Ventures has 155 portfolio exits. Their latest portfolio exit was Airkit on September 21, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
9/21/2023 | Acquired | 2 | |||
8/8/2023 | Acquired | 4 | |||
7/31/2023 | Acquired | 9 | |||
Date | 9/21/2023 | 8/8/2023 | 7/31/2023 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 4 | 9 |
Salesforce Ventures Acquisitions
2 Acquisitions
Salesforce Ventures acquired 2 companies. Their latest acquisition was The Athene Group on December 06, 2018.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
12/6/2018 | Acq - Fin | 3 | ||||
4/7/2015 | Series E+ |
Date | 12/6/2018 | 4/7/2015 |
|---|---|---|
Investment Stage | Series E+ | |
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acq - Fin | |
Sources | 3 |
Salesforce Ventures Fund History
19 Fund Histories
Salesforce Ventures has 19 funds, including Salesforce Ventures Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
3/7/2023 | Salesforce Ventures Fund | $250M | 1 | ||
11/12/2019 | Consultant Trailblazer Fund II | Early-Stage Venture Capital | Open | 1 | |
3/4/2019 | Australia Trailblazer Fund | $50M | 4 | ||
5/3/2018 | Canada Trailblazer Fund | ||||
10/3/2017 | Salesforce Impact Fund |
Closing Date | 3/7/2023 | 11/12/2019 | 3/4/2019 | 5/3/2018 | 10/3/2017 |
|---|---|---|---|---|---|
Fund | Salesforce Ventures Fund | Consultant Trailblazer Fund II | Australia Trailblazer Fund | Canada Trailblazer Fund | Salesforce Impact Fund |
Fund Type | Early-Stage Venture Capital | ||||
Status | Open | ||||
Amount | $250M | $50M | |||
Sources | 1 | 1 | 4 |
Salesforce Ventures Partners & Customers
7 Partners and customers
Salesforce Ventures has 7 strategic partners and customers. Salesforce Ventures recently partnered with Forbes, and Bessemer Venture Partners on August 8, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
8/8/2023 | Partner | United States | 10:05 ET OneSchema Named One of the 20 Rising Stars as Part of Forbes' Cloud 100 List OneSchema is named one of the 20 Rising Stars as part of the eighth annual Forbes 2023 Cloud 100 list , the definitive list of the top 100 private cloud companies in the world , published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures . | 1 | |
9/1/2020 | Partner | ||||
7/3/2019 | Partner | ||||
5/30/2019 | Partner | ||||
5/16/2018 | Partner |
Date | 8/8/2023 | 9/1/2020 | 7/3/2019 | 5/30/2019 | 5/16/2018 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | ||||
News Snippet | 10:05 ET OneSchema Named One of the 20 Rising Stars as Part of Forbes' Cloud 100 List OneSchema is named one of the 20 Rising Stars as part of the eighth annual Forbes 2023 Cloud 100 list , the definitive list of the top 100 private cloud companies in the world , published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures . | ||||
Sources | 1 |
Salesforce Ventures Team
5 Team Members
Salesforce Ventures has 5 team members, including current Chief Operating Officer, Khushboo Patel.
Name | Work History | Title | Status |
|---|---|---|---|
Khushboo Patel | Salesforce, and Deloitte | Chief Operating Officer | Current |
Name | Khushboo Patel | ||||
|---|---|---|---|---|---|
Work History | Salesforce, and Deloitte | ||||
Title | Chief Operating Officer | ||||
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.
