![]() Salesforce Ventures’ decisions on which company it funds or acquires is based on a strategic principle. What are the Most Popular Sectors Salesforce Invested in or Acquired The takeover costs $27.7 billion, which is almost double what Salesforce paid for Tableau in 2019. Its largest acquisition to date happened in late 2020, where it bought over Slack. Salesforce Ventures has also acquired notable companies in the past. Snowflake provides cloud data warehousing solutions, which aligns with Salesforce’s portfolio of cloud solutions. The largest Salesforce Ventures investment was secured by Snowflake in 2020, in a Series G funding co-led by Dragoneer Investment Group worth $479 million. This is evident as Series A and Series B funding accounted for 44% of funding types ever made. While Salesforce Ventures was involved in various stages of funding, its primary interest is investing in early-stage startups. Acquisitions in Canada and the UK are a distant second and third. Of the total, 181 of the companies are in the United States. ![]() Salesforce Ventures participated in a record 34 takeovers in 2020, including a colossal $27.7 billion deal for Slack.Īs of 2020, Salesforce Ventures has acquired 258 companies in 27 different countries. It wasn’t until 2011 that it picked up momentum. For the next 7 years, it averaged 3 takeovers per year. Salesforce Ventures made its first acquisition in 2003 by taking over Texas-based EXE technologies. 2019 proves to be the busiest for the company as it made 73 investments. The figure would soon grow as Salesforce seeks to increase the number of its portfolio companies. It kicks off by investing in Tanium in 2007, marking its sole investment in 2007. Salesforce Ventures started small but has seen its investment portfolio and acquisition grow dramatically over the years. Alex Kayyal, Partner and Head of EMEA & APACīiggest Investments & Acquisitions made by Salesforce Ventures Investments Per Year.The team consists of key stakeholders, including: It is led by John Somorjai, who’s the Executive Vice President, Corporate Development. Salesforce Ventures operates with a small team of 20+ employees. What is The Organisational Structure of Salesforce Ventures The company’s investment in Snowflake and nCino is rewarded with IPOs that went beyond expectation. Its decision to offload Zoom shares in 2020 results in a return of more than three times the initial $100 million invested. Salesforce Venture’s made a few smart investment moves in 2020, as the world is hit hard by the pandemic. The fund targets promising companies in the cloud industry and is also geared towards sustainability. Its latest addition, Salesforce Impact Fund II, was launched in October 2020 with a sum of $100 million. ![]() Since its inception in 2009, Salesforce Ventures has raised more than $1 billion across 13 funds. The company has also made a series of successful exits, including notable ones like Twilio, DocuSign, and HubSpot. To date, Salesforce Ventures has made 527 investments, with Airkit, Forter, and amongst the startups receiving the latest rounds of funding. Salesforce Ventures aims to build the world’s largest cloud ecosystem by investing in selected startups. ![]() Salesforce Ventures is the company’s investment arm that funds promising cloud-based startups. Salesforce has built a global reputation for being a leader in CRM solutions. In this article, you’ll learn the funding opportunities offered by Salesforce Ventures and how it has built an impressive ecosystem of portfolio companies. Its investment feats in 2020 have set the investor community abuzz, and there’s more on the table for startups and tech companies. There are various VCs and angel funding that’s up for grab, but one that’s making headlines is Salesforce Ventures. Securing funding is key to startup success, particularly if you’re in the cloud-based industry. ![]()
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