About Vlocity
Vlocity is a Technology company based in San Francisco (United States) founded in 2014, and was acquired by Salesforce in February 2020. Omni-channel cloud software is provided for industry-specific customer experiences. Vlocity has raised $163 million across 3 funding rounds from investors including Salesforce, Bessemer Venture Partners and Accenture. The company has 122 employees. Vlocity was last valued at $940 million in December 2019. Its Indian entity Vlocity Cloud Applications India Private Limited reported revenue of ₹45.38 Cr. Vlocity offers products and services including Customer 360, Sales Force Automation, and Customer Service Support. Its focus areas include Enterprise Applications, Sales Force Automation, Lead Management and Lead Nurturing. Its competitors include Apollo, Clearbit and Crossbeam; 3 of its 3 listed competitors have raised funding.
Company details
Vlocity is an industry cloud software company with deep domain expertise in vertical applications. Vlocity Industry Cloud Apps are modern cloud and mobile software solutions that embed deep industry specific functionality, best practices, and business processes. They are built entirely on the Salesforce customer success platform and take advantage of the omnichannel capabilities of Salesforce Sales Cloud, Service Cloud, Marketing Cloud, Community Cloud, and Analytics Cloud. Focus on Health, Insurance, Communication, and Public Sector verticals. Its major clients are SKY, Health Plans, Telus, AIG, and T Mobile.
- Headquarters San Francisco, United States
- Employees 122
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website vlocity.com
- Social LinkedIn X
- Acquired by Salesforce (Feb 2020)
- Legal Name Vlocity Cloud Applications India Private Limited
- Date of Incorporation 19 Mar, 2015
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹45.38 Cr
FY 2020 · +78% YoY
- Indian entity net profit₹5.11 Cr
FY 2020 · 11% margin
- Indian entity EBITDA₹7.74 Cr
FY 2020 · 17% margin
- Total Equity Funding$163M (USD)
in 3 rounds
- Latest Funding Round$60M (USD), Series C
Mar 2019
- InvestorsSalesforce
& 11 more
- Employee Count122
- Acquired bySalesforce
(Feb 2020)
Associated legal entities of Vlocity
Vlocity operates through Vlocity Cloud Applications India Private Limited (dissolved under section 59(8)). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vlocity Cloud Applications India Private Limited CIN U72200KA2015FTC079354 | Dissolved Under Section 59(8) | 19 Mar 2015 | Bangalore, Karnataka | ₹45.4 Cr | 292 | 2 | View details |
Products & Services of Vlocity
Vlocity offers a comprehensive portfolio of products and services, including Customer 360, Sales Force Automation, and Customer Service Support.
Integrated system for managing customer data and interactions.
Software for automating sales processes and tracking leads.
Tools for handling customer inquiries and support tickets.
Funding Insights of Vlocity
Vlocity has successfully raised a total of $163M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in March 2019. 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 $163M
- Total Rounds 3
- Last Round Series C — $60M
- First Round $42.8M
(Apr 2015)
- Investors Count 12
All 3 funding rounds of Vlocity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | $60M | Series C | – | Sutter Hill Ventures, Salesforce Ventures | |
| Sep 2016 | $50M | Series B | – | Sutter Hill Ventures | |
| Apr 2015 | $42.8M | Series A | – | Salesforce Ventures |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Vlocity
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $940M (Dec 2019). 12 investors in total: 12 institutional.
Investors in Vlocity
Vlocity has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Salesforce, Bessemer Venture Partners and Accenture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in the US | shv.com | Palo Alto, United States | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Tech and offline focused VC firm investing primarily in the US and Europe | 1997 | kennet.com | London, United Kingdom | |
Early-stage investments are provided by TDF Ventures in US companies. | tdfventures.com | Chevy Chase, United States | ||
Early-stage tech VC investments are made primarily in the US. | wildcat.vc | Portola Valley, United States | ||
Tech companies are invested in by New York Life Ventures. | nylventures.com | New York, United States | ||
Capital is invested by Savant Growth to fuel company expansion. | savantgrowth.com | |||
Early-stage tech startups are funded by corporate-backed Salesforce Ventures. | salesforceventures.com | San Francisco, United States | ||
IT and management consultancy services are provided globally. | 1989 | accenture.com | Dublin, Ireland | |
Mutual life insurance and asset management services are provided. | 1845 | newyorklife.com | New York, United States |
Investor details for Vlocity
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Vlocity Cloud Applications India Private Limited (Vlocity)
Vlocity Cloud Applications India Private Limited is the primary company behind Vlocity. The board of Vlocity Cloud Applications India Private Limited currently have 2 directors; the longest-serving is Kavita Soni, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kavita Soni DIN 08226426 | Additional Director | 14 Sep 2020 | 6 yrs 1 mo | Vlocity Cloud Applications India Private Limited |
| Sarita Sachdev DIN 08965680 | Additional Director | 16 Dec 2020 | 5 yrs 10 mo | Vlocity Cloud Applications India Private Limited |
Financials of Vlocity
Figures of Vlocity Cloud Applications India Private Limited, the primary company behind Vlocity, for FY 2020. Revenue was ₹45.38 Cr (+78% year on year). Net profit was ₹5.11 Cr (11% margin). EBITDA was ₹7.74 Cr (17% margin). Revenue has grown at a compounded annual rate of +108% over three years.
- ₹45.38 CrRevenue · FY 2020 · +78% YoY
- ₹5.11 CrNet profit · 11% margin
- ₹7.74 CrEBITDA · 17% margin
- ₹30 LakhPaid-up capital
- 292Employees (provident fund records)
- +108%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Vlocity Cloud Applications India Private Limited are on its company page.
Detailed financial statements for Vlocity
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Vlocity
5 dated milestones of Vlocity across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Vlocity is founded.
- Funding First funding round of $42.8M.
- Funding Latest funding round, Series C, of $60.0M.
- Milestone Reaches Unicorn status.
- Exit Acquired by Salesforce.
Competitors of Vlocity
Vlocity has 3 listed competitors in our database, 3 of them funded. They include Apollo, Clearbit and Crossbeam.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| apollo.io | 2015 | San Francisco, United States | $250.42M | 204 | Lead management platform with analytics and engagement tools is provided. | |
| clearbit.com | 2014 | San Francisco, United States | $2M | 139 | Business intelligence APIs are provided for lead generation and enrichment. | |
| crossbeam.com | 2018 | Philadelphia, United States | $116.85M | 101 | Collaborative platform for data security and privacy is provided. |
Detailed competitors of Vlocity
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Top companies in Sales Force Automation
3 companies that operate in the same segment as Vlocity (Sales Force Automation) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-powered customer relationship management software | 2005 | Cambridge, Massachusetts, United States | USD 100.7 M | USD 3.13 B | 8,250 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Sales prospecting and engagement tools are offered to enterprises. | 2011 | Atlanta, Georgia, United States | USD 246.48 M | 1,121 |
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Related news about Vlocity
Complete news archive for Vlocity
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Frequently Asked Questions about Vlocity
Vlocity was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Vlocity is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Vlocity is a funded company, having raised a total of $163M across 3 funding rounds to date. The company's 1st funding round was a Series A of $42.8M, raised on Apr 2015.
Vlocity has 122 employees.
The primary company behind Vlocity, Vlocity Cloud Applications India Private Limited, reported revenue of ₹45.38 Cr for FY 2020, up 78% year on year.
Vlocity is an industry cloud software company with deep domain expertise in vertical applications. Vlocity Industry Cloud Apps are modern cloud and mobile software solutions that embed deep industry specific functionality, best practices, and business processes. They are built entirely on the Salesforce customer success platform and take advantage of the omnichannel capabilities of Salesforce Sales Cloud, Service Cloud, Marketing Cloud, Community Cloud, and Analytics Cloud. Focus on Health, Insurance, Communication, and Public Sector verticals. Its major clients are SKY, Health Plans, Telus, AIG, and T Mobile.
Vlocity offers Customer 360, Sales Force Automation, and Customer Service Support.
Vlocity has 12 investors. Key investors include Salesforce, Bessemer Venture Partners, Accenture, New York Life Insurance, and Kennet Partners.
The valuation of Vlocity is $940M as of Dec 2019.
Vlocity operates through Vlocity Cloud Applications India Private Limited.
Yes. Vlocity was acquired by Salesforce in February 2020.