Salesforce - About the company
What does Salesforce do?
Cloud based CRM and social collaboration solutions for enterprises. The platform offers an enterprise cloud computing company that provides business software on a subscription basis. It offers products catering to the sales, service, and marketing needs of enterprises through the cloud and mobile app. In addition to CRM tools, it also offers analytics, and forecasting, collaboration tools. It provides collaboration services such as sharing knowledge, task management, and connecting employees with files and data.
Company Details
- Website: www.salesforce.com/?bc=HA
- Social:
- Email ID: *****@salesforce.com
- Phone Number: +1 **********
Key Metrics
Total Funding
$52M in 15 rounds
Latest Funding Round
Investors
Ranked
1st among 2035 active competitors
Employee Count
79,390 as on Jan 31, 2023
Investment & Acquisitions
Similar Companies
Exit Details
Public
Which legal entities is Salesforce associated with?
Salesforce is associated with 10 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Aug 11, 2000 | - | - | 272 | |
Jan 02, 2019 | - | - | 575 | |
Oct 25, 2017 | - | - | 183 | |
Jan 09, 2012 | $80.2K (as on Dec 31, 2023) | $25.5K (as on Dec 31, 2023) | 991 | |
Nov 21, 2005 | $13.3B (as on Jan 31, 2019) | $1.11B (as on Jan 31, 2019) | 551 | |
$31.4B (as on Jan 31, 2023) | $208M (as on Jan 31, 2023) | 635 | ||
Dec 31, 1998 | - | - | 237 | |
$835M (as on Mar 31, 2023) | $79.2M (as on Mar 31, 2023) | 583 | ||
Dec 26, 999 | - | - | 509 | |
Feb 02, 1999 | - | - | 877 |
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Salesforce's funding and investors
How much funding has Salesforce raised till date?
Salesforce has raised a total funding of $52M over 15 rounds. Its first funding round was on Dec 06, 1999.
List of recent funding rounds of Salesforce
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
May 23, 2023 | Undisclosed | Post IPO | 6742761 | 8700650 | - |
Mar 08, 2020 | $83K | Post IPO | 7101449 | 5955517 | |
Aug 20, 2018 | $317M | Post IPO | 6673765 | 6855274 | - |
Who are Salesforce's investors?
Salesforce has 33 institutional investors including New Enterprise Associates, Credit Suisse and Emergence Capital. Igor Sill and 1 other are Angel Investors in Salesforce.
View details of Salesforce funding rounds and investors
Salesforce's founders and board of directors
Founder? Claim Profile
Who are the founders of Salesforce?
The founders of Salesforce are Marc Benioff, Parker Harris, Dave Moellenhoff and Frank Dominguez. Marc Benioff has founded 6 more companies - AppExchange, Liberty Software, Salesforce Ventures, SalesForce, TIME Ventures and Efficient Capacity. Parker Harris has founded 2 more companies - Salesforce Ventures and SalesForce.How many employees does Salesforce have?
Salesforce has 79,390 employees as of Jan 23. The total employee count is 8.0% more than what it was in Jan 22.View details of Salesforce's Founder profiles and Board Members
Salesforce's Competitors and alternates
Who are the competitors of Salesforce?
Top competitors of Salesforce include HubSpot, SugarCRM and CallidusCloud.Here is the list of Top 10 competitors of Salesforce, ranked by Tracxn score :
Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Salesforce 1999, San Francisco (United States), Public | Cloud based CRM and social collaboration solutions for enterprises | $52M | 93/100 | |
2nd | HubSpot 2005, Cambridge (United States), Public | Cloud based CRM software for enterprises | $101M | 86/100 | |
3rd | SugarCRM 2004, Cupertino (United States), Acquired | AI-based open-source CRM software | $120M | 80/100 | |
4th | CallidusCloud 1996, Pleasanton (United States), Acquired | Cloud-based sales, marketing and pipeline management solutions | $89.2M | 78/100 | |
5th | Freshworks 2010, San Mateo (United States), Public | Cloud-based business process management suite solutions | $499M | 78/100 | |
6th | Platform offering CRM for businesses with a visual sales pipeline tool | $90.3M | 73/100 | ||
7th | Diversified software solutions for e-commerce business management | - | - | 70/100 | |
8th | Creatio 2002, Boston (United States), Series D | Cloud based platform offering CRM and low code business process automation | $268M | 68/100 | |
9th | Cloud based platform offering CRM, ERP and marketing software for SMBs | $71.5M | 66/100 | ||
10th | RD Station 2011, Florianopolis (Brazil), Acquired | Digital marketing automation solution | $50M | 64/100 |
Looking for more details on Salesforce's competitors? Click here to see the top ones
Salesforce's Investments and acquisitions
Salesforce has made 69 investments in companies including Schematic and Apromore. Salesforce has also acquired 63 companies including Zoomin Software and Own. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 24, 2024 | Acquisition | 2015 | Tel Aviv, Israel | |
Sep 20, 2024 | Investments | 2023 | Atlanta, United States | |
Sep 05, 2024 | Acquisition | - |
See all investments and acquisitions by Salesforce
Reports related to Salesforce
Here is the latest report on Salesforce's sector:
News related to Salesforce
Media has covered Salesforce for a total of 491 events in the last 1 year, 312 of them have been about company updates and 77 about partnerships.
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Salesforce drops Agentforce 2.0, brings reasoning AI to enterpriseVentureBeat•Dec 19, 2024•Salesforce
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Salesforce Introduces New Digital Labour Platform For Building ‘Limitless’ Workforce For Employees And Customers; Check DetailsLatestly•Dec 18, 2024•Salesforce
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Salesforce closes 1,000 paid ‘Agentforce’ deals, looks to robot futureShareandstocks•Dec 18, 2024•Salesforce
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Salesforce closes 1,000 paid 'Agentforce' deals, looks to robot futureThe Star Online•Dec 18, 2024•Salesforce
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Agentforce Brings Vivint Customer Service Teams 24/7 SupportBusiness Wire•Dec 17, 2024•Salesforce, Vivint
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The Adecco Group Scales Recruitment, Accelerating AI Integration with SalesforceBusiness Wire•Dec 17, 2024•Adecco Group, Salesforce
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Slack’s AI agents promise to reshape productivity with contextual powerVentureBeat•Dec 17, 2024•Slack, Salesforce
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Accounting Seed Releases Guides to AP and AR AutomationPYMNTS.com•Dec 13, 2024•Accounting Seed, Salesforce
Frequently asked questions about Salesforce
When was Salesforce founded?
Salesforce was founded in 1999.Where is Salesforce located?
Salesforce is located in San Francisco, United States.When was the latest funding round of Salesforce?
Salesforce's latest funding round was on May 23, 2023.Are you a Founder ?
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