Venture capital firm
Salesforce Ventures portfolio
salesforceventures.comSalesforce Ventures is a venture capital firm based in San Francisco, United States, founded in 2009. It has invested in 314 venture-backed companies across 449 funding rounds on VCMC, and led 74 of those rounds. 45 of them were in the last 12 months.
314
Venture-backed companies
in its portfolio on VCMC
449
Funding rounds
led 74
45
Last 12 months
rounds, Oct 2025 to Sep 2026
126
With a disclosed valuation
of 314 companies
$1.78T
Combined value of its private companies
the whole companies, not what Salesforce Ventures owns
291 private companies Salesforce Ventures has backed have a VCMC valuation; together they are worth $1.78T. That is the value of the whole companies, not what Salesforce Ventures owns. Anthropic is 61% of the total. 23 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Salesforce Ventures' most valuable portfolio companies
The 10 most valuable private companies Salesforce Ventures has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Anthropic Tech Companies, San Francisco $1.09T range $838.9B – $1.51T Joined at Series C, 2023
- 2 Databricks Tech Companies, San Francisco $193.6B range $165.2B – $240.4B Joined at Series G, 2021
- 3 Figure Industrial Machinery & Supplies, San Jose $43.7B range $30.5B – $67.7B Joined at Series C, 2025
- 4 Crusoe Hosting & Cloud Infrastructure Providers, Denver $31.7B range $26.9B – $46.2B Joined at Series E, 2025
- 5 Mistral AI Software Development Services, Paris $25.2B range $21.2B – $36.6B Joined at Series A, 2023
- 6 Skild AI Software Development Services, Pittsburgh $23.2B range $12.2B – $31.0B Joined at Series C, 2026
- 7 ElevenLabs Tech Companies, London $22.1B range $19.1B – $27.8B Joined at Series C, 2025
- 8 Tech Companies, Menlo Park $18.5B range $9.6B – $28.2B Led at Growth, 2021
- 9 Lovable Tech Companies, Stockholm $14.0B range $11.6B – $19.9B Joined at Series B, 2025
- 10 Vercel Hosting & Cloud Infrastructure Providers, Covina $12.8B range $8.2B – $14.7B Joined at Series C, 2021
Portfolio
Full Salesforce Ventures portfolio (314 companies)
314 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Anthropic Tech Companies · since Series C, 2023 | Series H May 2026 $65.00B | $1.09T | $838.9B – $1.51T | $1.31T (+20%) | $144.0B | 0% | 6,076 | growing | A | |
| 2 | Databricks Tech Companies · since Series G, 2021 | Growth Equity Aug 2026 $5.00B | $193.6B | $165.2B – $240.4B | $209.0B (+8%) | $18.8B | 0% | 17,130 | growing | A | |
| 3 | Crusoe Hosting & Cloud Infrastructure Providers · since Series E, 2025 | Series F Sep 2026 $3.90B | $31.7B | $26.9B – $46.2B | $40.2B (+27%) | $4.4B | 0% | 1,720 | growing | A | |
| 4 | Mistral AI Software Development Services · since Series A, 2023 | Series D Sep 2026 $3.50B | $25.2B | $21.2B – $36.6B | $31.8B (+26%) | $3.8B | 0% | 1,715 | growing | A | |
| 5 | Figure Industrial Machinery & Supplies · since Series C, 2025 | Growth Equity Sep 2026 $3.50B | $43.7B | $30.5B – $67.7B | $47.7B (+9%) | $4.3B | 0% | 955 | growing | B | |
| 6 | Skild AI Software Development Services · since Series C, 2026 | Series C Jan 2026 $1.40B | $23.2B | $12.2B – $31.0B | $26.9B (+16%) | $3.0B | 0% | 178 | growing | B | |
| 7 | Snyk Tech Companies · since Growth, 2020 | Series G Dec 2022 $197M | $4.7B | $1.6B – $12.0B | $3.8B (-19%) | $1.1B | 50% | 1,714 | up | D | |
| 8 | Legora Tech Companies · since Series D, 2026 | Series E Oct 2026 $550M | $8.8B | $7.7B – $13.2B | $11.4B (+30%) | $1.4B | 0% | 187 | up | A | |
| 9 | wefox Insurance - Agents, Carriers & Brokers · since Series B, 2019 | Growth Equity Jul 2025 $178M | $4.0B | $3.2B – $5.2B | $2.6B (-35%) | $461M | 97% | 298 | down | A | |
| 10 | Airwallex Payment Processing & Point of Sale · since Series E, 2022 | Series H Jun 2026 $320M | $12.0B | $9.6B – $16.7B | $14.5B (+20%) | $1.8B | 0% | 2,937 | growing | A | |
| 11 | Together AI Tech Companies · led at Seed, 2023 | Series C Jul 2026 $800M | $9.1B | $7.2B – $12.8B | $11.1B (+22%) | $1.2B | 0% | 432 | growing | A | |
| 12 | DataRobot Tech Companies · since Series F, 2020 | Series G Jul 2021 $300M | $2.6B | $460M – $8.0B | $2.3B (-11%) | $855M | 48% | 868 | flat | D | |
| 13 | Cohere Tech Companies · since Series C, 2023 | Growth Equity Sep 2025 $100M | $8.4B | $6.1B – $9.7B | $8.4B (0%) | $757M | 0% | 1,218 | growing | A | |
| 14 | ElevenLabs Tech Companies · since Series C, 2025 | Growth Equity Sep 2026 $300M | $22.1B | $19.1B – $27.8B | $24.2B (+9%) | $2.4B | 0% | 1,425 | growing | A | |
| 15 | RingCentral Tech Companies · since Series A, 2020 | Series D Aug 2021 $450M | $11.8B | $1.2B – $21.0B | $11.2B (-5%) | $2.0B | 24% | 310 | unknown | D | |
| 16 | Supabase Tech Companies · since Series F, 2026 | Series F Jun 2026 $500M | $11.9B | $9.1B – $16.6B | $14.4B (+21%) | $1.8B | 0% | 455 | growing | A | |
| 17 | Lovable Tech Companies · since Series B, 2025 | Series C Aug 2026 $400M | $14.0B | $11.6B – $19.9B | $17.3B (+23%) | $2.1B | 0% | 1,139 | growing | A | |
| 18 | Stord Warehousing & Storage · since Series C, 2021 | Debt Oct 2026 $400M | $3.6B | $2.6B – $5.4B | $4.7B (+31%) | $521M | 0% | 2,124 | growing | B | |
| 19 | 1Password Tech Companies · since Series C, 2022 | Series C Jan 2022 $620M | $9.7B | $1.4B – $14.7B | $9.5B (-2%) | $1.5B | 0% | 3,153 | up | D | |
| 20 | Chainguard Tech Companies · since Series D, 2025 | Growth Equity Oct 2025 $280M | $3.6B | $2.2B – $5.5B | $3.6B (0%) | $327M | 0% | 766 | growing | B | |
| 21 | Vercel Hosting & Cloud Infrastructure Providers · since Series C, 2021 | Series F Sep 2025 $300M | $12.8B | $8.2B – $14.7B | $12.8B (0%) | $1.4B | 0% | 1,026 | growing | A | |
| 22 | Lyra Health Psychologists & Counseling Services · since Series F, 2022 | Series F Jan 2022 $235M | $6.6B | $974M – $9.9B | $6.3B (-4%) | $1.0B | 0% | 2,973 | up | D | |
| 23 | Runway Tech Companies · since Seed, 2018 | Series E Feb 2026 $315M | $5.8B | $4.6B – $6.9B | $5.5B (-5%) | $758M | 51% | 73 | flat | A | |
| 24 | Automation Anywhere Tech Companies · led at Series B, 2019 | Growth Equity Oct 2022 $200M | $1.7B | $226M – $4.0B | $1.6B (-6%) | $214M | 33% | 2,539 | flat | D | |
| 25 | Automattic Tech Companies · led at Series D, 2019 | Series E Feb 2021 $288M | $1.8B | $757M – $5.1B | $1.7B (-6%) | $1.2B | 97% | 2,168 | shrinking | C | |
| 26 | Antora Batteries · since Series C, 2026 | Series C Jul 2026 $550M | $2.6B | $2.1B – $3.7B | $3.2B (+23%) | $355M | 0% | 273 | growing | A | |
| 27 | Glean Tech Companies · since Series C, 2022 | Series F Jun 2025 $150M | $10.0B | $6.1B – $11.5B | $10.0B (0%) | $1.1B | 0% | 1,632 | up | B | |
| 28 | HiBob Tech Companies · led at Growth, 2026 | Growth Equity Sep 2026 $166M | $3.2B | $2.8B – $4.0B | $3.5B (+8%) | $317M | 0% | 2,083 | up | A | |
| 29 | Upwind Tech Companies · since Series B, 2026 | Series C Sep 2026 $300M | $3.9B | $3.3B – $5.7B | $4.9B (+25%) | $543M | 0% | 544 | growing | A | |
| 30 | Gong Tech Companies · since Series D, 2020 | Series E Jun 2021 $250M | $8.4B | $647M – $13.6B | $8.0B (-5%) | $1.5B | 0% | 2,109 | flat | D | |
| 31 | BetterUp Professional & Management Training · since Series D, 2021 | Series E Oct 2021 $300M | $3.8B | $392M – $6.7B | $3.5B (-7%) | $765M | 15% | 2,704 | flat | D | |
| 32 | Guild Professional & Management Training · since Series C, 2018 | Series F Jun 2022 $175M | $3.0B | $488M – $5.8B | $2.6B (-12%) | $608M | 33% | 1,196 | flat | D | |
| 33 | Forterra Aerospace and Defence · since Series C, 2025 | Series C Nov 2025 $238M | $1.4B | $869M – $1.6B | $1.4B (+2%) | $154M | 0% | 631 | growing | B | |
| 34 | Highspot Tech Companies · since Series D, 2019 | Series F Jan 2022 $248M | $902M | $315M – $5.8B | $890M (-1%) | $501M | 97% | 825 | down | D | |
| 35 | Forter Tech Companies · led at Series D, 2018 | Series F May 2021 $300M | $1.6B | $263M – $4.8B | $1.5B (-9%) | $648M | 42% | 711 | flat | D | |
| 36 | Arcadia Tech Companies · since Growth, 2022 | Debt Apr 2024 $30M | $1.7B | $742M – $2.1B | $1.7B (0%) | $166M | 0% | 1,474 | growing | B | |
| 37 | Mews Tech Companies · since Series C, 2022 | Growth Equity Mar 2025 $75M | $861M | $417M – $1.3B | $861M (0%) | $84.5M | 0% | 1,519 | up | B | |
| 38 | Multiverse Professional & Management Training · since Series A, 2019 | Growth Equity May 2026 $70M | $2.2B | $1.8B – $2.7B | $2.3B (+6%) | $228M | 0% | 1,281 | flat | A | |
| 39 | Flutterwave Payment Processing & Point of Sale · since Series C, 2021 | Series E Jun 2026 | $3.3B | $2.8B – $4.2B | $3.4B (+3%) | $458M | 53% | 875 | down | A | |
| 40 | Bloomreach Tech Companies · since Series D, 2016 | Debt Oct 2022 $30M | $1.9B | $197M – $3.0B | $1.8B (-6%) | $315M | 13% | 1,165 | flat | D | |
| 41 | Arena AI Tech Companies · since Series B, 2026 | Series B Oct 2026 $200M | $3.2B | $2.7B – $5.3B | $4.7B (+47%) | $558M | 0% | 34 | flat | B | |
| 42 | Altruist Investment Consultants & Financial Advisors · since Series F, 2025 | Series F Apr 2025 $152M | $1.4B | $1.1B – $2.0B | $813M (-42%) | $225M | 97% | 327 | shrinking | A | |
| 43 | Muon Space Aerospace and Defence · since Series C, 2026 | Series C Aug 2026 $250M | $1.6B | $1.3B – $2.3B | $2.0B (+26%) | $218M | 0% | 330 | growing | A | |
| 44 | Workato Tech Companies · since Series A, 2017 | Series E Nov 2021 $200M | $6.8B | $917M – $9.5B | $6.7B (-1%) | $940M | 0% | 1,470 | up | D | |
| 45 | dbt Labs Tech Companies · since Series D, 2022 | Series D Feb 2022 $222M | $6.2B | $2.5B – $9.2B | $6.2B (0%) | $876M | 0% | 1,279 | growing | C | |
| 46 | Starburst Tech Companies · since Series C, 2021 | Series D Feb 2022 $250M | $2.6B | $282M – $4.9B | $2.5B (-6%) | $515M | 16% | 530 | flat | D | |
| 47 | Unbabel Translation Services · since Series B, 2018 | Series C Sep 2019 $60M | $112M | $31.5M – $525M | $112M (0%) | $65.7M | 80% | 658 | down | D | |
| 48 | Campus Colleges & Universities · since Series A, 2023 | Series B Mar 2025 $46M | $474M | $163M – $673M | $474M (0%) | $52.2M | 0% | 310 | unknown | C | |
| 49 | SPREAD Tech Companies · since Series B, 2026 | Series B Apr 2026 $30M | $195M | $137M – $278M | $177M (-9%) | $34.9M | 97% | 91 | down | B | |
| 50 | Tech Companies · since Growth, 2019 | Series E Jan 2022 $200M | $1.4B | $367M – $5.7B | $1.4B (-5%) | $575M | 71% | 56 | down | D |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Salesforce Ventures invests: stages, industries and countries
Most of its rounds are Series C and later (48%). Its companies span 29 industries, most in Tech Companies, Software Development Services and Payment Processing & Point of Sale, across 20 countries.
Rounds by stage
- Seed 48
- Series A 81
- Series B 105
- Series C and later 214
- Other venture 1
Investments by industry
- Tech Companies 249
- Software Development Services 13
- Payment Processing & Point of Sale 9
- Professional & Management Training 8
- Business Consulting 3
- Employment Agencies & HR Consulting 3
- Hosting & Cloud Infrastructure Providers 3
- Investment Consultants & Financial Advisors 3
Investments by country
- United States 217
- Japan 26
- United Kingdom 13
- Canada 12
- Australia 8
- Israel 7
Recent rounds
Salesforce Ventures' latest investments
Salesforce Ventures' most recent funding rounds, newest first. 45 rounds in the last 12 months.
- Legora Series E $550M 21 Oct 2026
- Arena AI Series B $200M 8 Oct 2026
- Crusoe Series F $3.90B 17 Sep 2026
- Series D $114M 16 Sep 2026
- Mistral AI Series D $3.50B 8 Sep 2026
- Upwind Series C $300M 2 Sep 2026
- HiBob Growth, led $166M 1 Sep 2026
- Series A $150M 25 Aug 2026
- Series B $20M 24 Aug 2026
- Muon Space Series C $250M 20 Aug 2026
Co-investors
Salesforce Ventures' top co-investors
The investors that most often join the same rounds as Salesforce Ventures. Accel leads, with 35 rounds together.
- Accel 35 rounds together
- GV 33 rounds together
- Coatue 31 rounds together
- Bessemer Venture Partners 31 rounds together
- Insight Partners 27 rounds together
- Lightspeed Venture Partners 26 rounds together
- Tiger Global 23 rounds together
- General Catalyst 23 rounds together
- Sequoia Capital 22 rounds together
- Sapphire Ventures 21 rounds together
About
About Salesforce Ventures
Salesforce Ventures is a venture capital firm engaged in enterprise software companies, with a global presence and a focus on cloud infrastructure, security, artificial intelligence, and impact sectors such as climate tech, edtech, health tech, and financial inclusion. The firm invests in companies at various stages, including seed, growth, and IPO, and provides funding and access to resources to support founders. Salesforce Ventures also operates the Impact Fund and participates in initiatives promoting diversity and inclusion.
Description from Veridion's company data.
- Founded
- 2009
- Based in
- San Francisco, United States
- Team
- 86 people, +13% in a year
- Type
- Venture capital firm
Focus markets
- Enterprise Software
- Cloud Infrastructure
- AI
- Education
- Healthcare
- Financial Services
- Environmental Services
What Salesforce Ventures offers
- Enterprise Software Venture Capital Investment
- Cloud Infrastructure Company Funding
- AI Technology Company Investment
- Horizontal and Vertical Application Development Support
- Impact Sector Company Investment
- Climate Tech Venture Investment
- Edtech Venture Investment
- Health Tech Venture Investment
Questions
Salesforce Ventures: frequently asked questions
How many companies has Salesforce Ventures invested in?
314 venture-backed companies on VCMC, across 449 funding rounds.
What are Salesforce Ventures' most valuable private companies?
Anthropic ($1.09T), Databricks ($193.6B), Figure ($43.7B), by VCMC's valuation.
What was Salesforce Ventures' latest investment?
Legora, a Series E round in Oct 2026 of $550M.
Which stages does Salesforce Ventures invest in?
Salesforce Ventures invests most often at Series C and later (214 rounds), followed by Series B (105) and Series A (81). It has also joined 48 seed and 1 other venture rounds.
What is Salesforce Ventures' portfolio worth?
Its private companies with a VCMC valuation are worth $1.78T together. That is the sum of the companies' values, not what Salesforce Ventures owns.
Who does Salesforce Ventures invest alongside?
Accel (35 rounds), GV (33 rounds), Coatue (31 rounds).