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Salesforce company profile

Cloud based CRM and social collaboration solutions for enterprises

1999San Francisco (United States)Public

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

Key Metrics
Total Funding
$52M in 15 rounds
Latest Funding Round
Investors
Ranked
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

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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
-
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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.

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.

Who is the current CEO of Salesforce?

Marc Benioff and Bret Taylor are the CEO of 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.
Employee count trend for Salesforce
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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
Logo for Salesforce
Salesforce
1999, San Francisco (United States), Public
Cloud based CRM and social collaboration solutions for enterprises
$52M
93/100
2nd
Logo for HubSpot
HubSpot
2005, Cambridge (United States), Public
Cloud based CRM software for enterprises
$101M
86/100
3rd
Logo for SugarCRM
SugarCRM
2004, Cupertino (United States), Acquired
AI-based open-source CRM software
$120M
80/100
4th
Logo for CallidusCloud
CallidusCloud
1996, Pleasanton (United States), Acquired
Cloud-based sales, marketing and pipeline management solutions
$89.2M
78/100
5th
Logo for Freshworks
Freshworks
2010, San Mateo (United States), Public
Cloud-based business process management suite solutions
$499M
78/100
6th
Logo for Pipedrive
Pipedrive
2010, Tallinn (Estonia), Acquired
Platform offering CRM for businesses with a visual sales pipeline tool
$90.3M
73/100
7th
Logo for Zoho
Zoho
1996, Chennai (India), Unfunded
Diversified software solutions for e-commerce business management
-
-
70/100
8th
Logo for Creatio
Creatio
2002, Boston (United States), Series D
Cloud based platform offering CRM and low code business process automation
$268M
68/100
9th
Logo for Sellsy
Sellsy
2009, La Rochelle (France), Series C
Cloud based platform offering CRM, ERP and marketing software for SMBs
$71.5M
66/100
10th
Logo for RD Station
RD Station
2011, Florianopolis (Brazil), Acquired
Digital marketing automation solution
$50M
64/100
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Salesforce's Investments and acquisitions

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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
-
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Reports related to Salesforce

Here is the latest report on Salesforce's sector:

News related to Salesforce

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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.
Salesforce to hire 2,000 for AI product salesTech in AsiaDec 18, 2024Salesforce
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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.

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