About Salesforce
Salesforce is a company based in San Francisco (United States) founded in 1999 by Parker Harris.. Salesforce has raised $52 million across 15 funding rounds from investors including Credit Suisse, Waystone and Solstein Capital. The company has 76,450 employees as of January 31, 2024. Salesforce has completed 71 acquisitions, including Activa Live, Acumen Solutions and Apromore. Salesforce offers products and services including Starter Suite, Agentforce, and Data Cloud. Salesforce operates in a competitive market with competitors including HubSpot, Freshworks, SugarCRM, Pipedrive and CallidusCloud, among others.
- Headquarter San Francisco, United States
- Employees 76450 as on 31 Jan, 2024
- Founders Parker Harris
- Stage Public
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Salesforce, Inc.
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Annual Revenue
$37.9 B8.72as on Jan 31, 2024
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Net Profit
$6.2 B49.83as on Jan 31, 2024
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EBITDA
$13.24 B11.4as on Jan 31, 2024
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Total Equity Funding
$52 M (USD)
in 15 rounds
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Latest Funding Round
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Investors
Credit Suisse
& 5 more
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Employee Count
76450
as on Jan 31, 2024
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Investments & Acquisitions
Activa Live
& 70 more
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IPO & Listings of Salesforce
Salesforce is a publicly listed company on the NYSE with ticker symbol CRM in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Salesforce
Salesforce offers a comprehensive portfolio of products and services, including Starter Suite, Agentforce, and Data Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
All-in-one app for small business marketing, sales, and service operations.
Builds autonomous AI agents for employee and customer support tasks.
Unifies data sources for personalized business engagement and analytics.
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Leadership Team
748 people
Sales and Marketing
575 people
Software Development Team
538 people
Product Management Team
143 people
Senior Team
89 people
Finance and Accounting
79 people
Data Analysis and Operations Team
42 people
Human Resources and Administration
41 people
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Funding Insights of Salesforce
Salesforce has successfully raised a total of $52M across 15 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 15
- Last Round Last Round
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First Round
First Round
(06 Dec 1999)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Post-IPO - Salesforce | Valuation |
investors |
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| Mar, 2020 | Amount | Post-IPO - Salesforce | Valuation |
investors |
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| Aug, 2018 | Amount | Post-IPO - Salesforce | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Salesforce
Salesforce has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Credit Suisse, Waystone and Solstein Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Tech focused Early and growth stage VC firm investing in the US
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Salesforce
Salesforce has strategically engaged in corporate development activities, having acquired 71 companies. Notable acquisitions include Activa Live, Acumen Solutions and Apromore. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Personal AI assistants are developed to automate user tasks.
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2024 | ||||
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AI-powered search platform is utilized for enterprise data unification.
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2023 | ||||
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AI services are provided by Wai'i to support various applications.
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2023 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Salesforce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Salesforce Comparisons
Competitors of Salesforce
Salesforce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HubSpot, Freshworks, SugarCRM, Pipedrive and CallidusCloud, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of AI-powered customer relationship management software
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| domain | founded_year | HQ Location |
Cloud-based business process management suite solutions are delivered.
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| domain | founded_year | HQ Location |
AI-based open-source CRM software is offered for customer lifecycle collaboration.
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| domain | founded_year | HQ Location |
CRM platform with visual sales pipeline is provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based solutions for sales, marketing, and pipeline management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Salesforce
Frequently Asked Questions about Salesforce
When was Salesforce founded?
Salesforce was founded in 1999.
Where is Salesforce located?
Salesforce is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Salesforce a funded company?
Salesforce is a funded company, having raised a total of $52M across 15 funding rounds to date. The company's 1st funding round was a Post-IPO of $317.2M, raised on Dec 06, 1999.
How many employees does Salesforce have?
As of Jan 31, 2024, the latest employee count at Salesforce is 76,450.
What is the annual revenue of Salesforce?
Annual revenue of Salesforce is $37.9B as on Jan 31, 2024.
What does Salesforce do?
Salesforce was founded in 1999 in San Francisco, United States, as an enterprise cloud computing provider. Subscription-based business software is offered through cloud and mobile platforms, focusing on CRM for sales, service, and marketing functions. Analytics, forecasting, and collaboration tools are included, enabling knowledge sharing, task management, and employee access to files and data across operations.
Who are the top competitors of Salesforce?
Salesforce's top competitors include HubSpot, Freshworks and SugarCRM.
What products or services does Salesforce offer?
Salesforce offers Starter Suite, Agentforce, and Data Cloud.
Is Salesforce publicly traded?
Yes, Salesforce is publicly traded on NYSE under the ticker symbol CRM.
How many acquisitions has Salesforce made?
Salesforce has made 71 acquisitions, including Activa Live, Acumen Solutions, and Apromore.
Who are Salesforce's investors?
Salesforce has 6 investors. Key investors include Credit Suisse, Waystone, Solstein Capital, Emergence Capital, and NEA.
What is Salesforce's ticker symbol?
The ticker symbol of Salesforce is CRM on NYSE.
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