Salesforce

Salesforce develops a cloud-based platform that offers customer relationship management solutions for sales and marketing professionals. Read more

282,106 Followers on Owler
282,106 Followers on Owler
282,106 Followers on Owler
282,106 Followers on Owler

Salesforce

Salesforce develops a cloud-based platform that offers customer relationship management solutions for sales and marketing professionals. Read more

Marc Benioff's photo - Chairman & CEO of Salesforce

Chairman & CEO

Marc Benioff

CEO Approval Rating

75/100

Founded:

1999

Status:

PublicIndependent CompanyNYSECRM

SALESFORCE TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

Oracle is Salesforce's #1 competitor. Oracle is a Public company that was founded in 1977 in Redwood Shores, California. Oracle is in the IT Services industry. Compared to Salesforce, Oracle has 100,000 more employees.

SAP is seen as one of Salesforce's biggest rivals. SAP was founded in Walldorf, Baden-Württemberg} in 1972. SAP is in the Internet Software field. Compared to Salesforce, SAP generates $12.3B more revenue.

Adobe is one of Salesforce's top competitors. Adobe is headquartered in San Jose, California, and was founded in 1982. Adobe competes in the Internet Software industry. Adobe generates 64% the revenue of Salesforce.

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Salesforce Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$21.3B

Salesforce's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 13.8B. Over the last four quarters, Salesforce's revenue has grown by 19.6%. Specifically, in Q1 2021's revenue was $5.8B; in Q4 2020, it was $5.4B; in Q3 2020, it was $5.2B; in Q2 2020, Salesforce's revenue was $4.9B.

Salesforce Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Slack Technologies, Inc.

Dec 2020

Source »
$27.7B
Slack is a workplace collaboration platform that allows employees to communicate with their team members, share documents and conduct meetings.
Acumen Solutions, Inc.

Dec 2020

Source »
undisclosed
Acumen is a Virginia-based Salesforce consulting firm that provides engagement marketing, analytics and related services for industries such as manufacturing and retail.
Mobify Research and Development, Inc.

Sep 2020

Source »
undisclosed
Mobify is a mobile-based commerce platform that allows brands to customize digital storefronts.
The CMO Club

Mar 2020

Source »
undisclosed
The CMO Club is an online portal that allows the user to share and discuss challenges in the marketing field for marketers.
Evergage, Inc.

Feb 2020

Source »
undisclosed
Evergage develops a real-time personalization and data platform that offers customer engagement solutions for enterprises.

These are all the companies that Salesforce has acquired. Salesforce has acquired 67 companies and its latest acquisition was Slack Technologies, Inc. in Dec 2020. Slack is a workplace collaboration platform that allows employees to communicate with their team members, share documents and conduct meetings.

Salesforce Funding History

Since Salesforce was founded in 1999, it has participated in 11 rounds of funding. In total Salesforce has raised $2.7B. Salesforce's last funding round was on Sep 2019 for a total of $666.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Sep 2019
$666.2M
-
Equity
Aug 2018
$317.2M
-
Equity
Jan 2018
$11.3M
-
Equity
Oct 2016
$348.2M
-
Equity
Sep 2016
$26.3M
-

Since Salesforce was founded in 1999, it has participated in 11 rounds of funding. In total Salesforce has raised $2.7B. Salesforce's last funding round was on Sep 2019 for a total of $666.2M

Salesforce Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Melio is a fintech platform that provides bill payment processing solutions for businesses.
$110M
Jan 24, 2021
Series C
-
Uhuru is a digital transformation company that provides marketing, system integration, cloud management and IoT consulting services for businesses.
-
Jan 05, 2021
Corporate Round
-
Bringg develops a logistics platform that allows enterprises to manage their last-mile delivery operations.
$30M
Apr 06, 2020
Series D
-
Community is a California-based marketing platform that provides one-on-one conversations and text messaging solutions for media, brands, and community organizers.
$35M
Feb 03, 2020
Venture Round
-
Yappli is a cloud-based paltform that allows developers to design and deploy mobile and desktop applications.
$27.6M
Jun 16, 2019
Equity
Dec 22, 2020

These are all the companies that Salesforce has invested in. Salesforce has invested 67 companies and its latest investment was Slack Technologies, Inc. in Dec 2020. Slack is a workplace collaboration platform that allows employees to communicate with their team members, share documents and conduct meetings.

Salesforce News

May 5, 2021Adweek

Disney Studios Taps Salesforce to 'Reimagine' the Way Filmmakers and Marketers Collaborate

Salesforce is going Hollywood in a partnership with The Walt Disney Studios' StudioLAB, its creative ... See more »
May 4, 2021Techdirt

Salesforce Asks Appeals Court To Say It's Protected Under 230; After Its Own CEO Said We Should Get Rid Of 230

We were quite perplexed in late 2019 when Salesforce.com founder and CEO Marc Benioff (never one to s... See more »
May 4, 2021Channel Post MEA

Salesforce introduces Sales Cloud 360

Salesforce has introduced the next generation of Sales Cloud - new technology to support a digital-fi... See more »
May 4, 2021MarketScreener

Mavenlink and Salesforce Team Up on Virtual Presentationfor TSIA Interact

(marketscreener.com) IRVINE, Calif., May 04, 2021 -- Mavenlink, the leading provider of cloud-based s... See more »
May 3, 2021MarketScreener

3 Key Areas Empowering Today's Insurance Industry

(marketscreener.com) May 03, 20214 min read The insurance industry is in catch-up mode when it comes ... See more »
May 2, 2021Pulse2.0

Enterprise Customer Intelligence Company Databook Raises $16 Million

Enterprise customer intelligence Databook announced it has raised $16 million in Series A funding. Th... See more »
April 30, 2021Environmental Leader

Salesforce Suppliers Must Maintain Sustainability Scorecard or Pay 'Climate Remediation Fee'

Salesforce is integrating sustainability into its supply chain by asking suppliers to agree to certai... See more »

Salesforce Blogs

May 15, 2018Salesforce Blog

Best Practices for Recurring Revenue Businesses

No matter the size of your company or what industry you work in, we know that revenue is top of mind.... See more »
May 15, 2018Salesforce Blog

Trailblazer Voices: Inspiring the Next Generation of Trailblazers Through the Karibu Coding Club in Kenya

In Thika, Kenya, a 25-year-old Trailblazer is educating the next generation of coders at the Karibu C... See more »
May 15, 2018Salesforce Blog

Bridging the Trust Gap in the Fourth Industrial Revolution

As privacy and security breaches continue to grab headlines around the world, consumers are increasin... See more »
May 12, 2018Salesforce Blog

Local's Guide to Chicago During Connections 2018

Known for its stunning architecture and beautiful skyline near the shores of Lake Michigan, Chicago i... See more »
May 11, 2018Salesforce Blog

3 Quick Ways to Discover Whats Hot in the Salesforce Summer 18 Release

Let's face it. New releases have a way of sneaking up on us, and sometimes it's hard to keep up. We k... See more »
May 11, 2018Salesforce Blog

Wealth Management Basecamp: Top Three Keynote Takeaways

After months of anticipation, our Financial Services team headed to the Windy City last March to host... See more »
May 10, 2018Salesforce Blog

Why Customer Experience Begins with Understanding Human Nature

What would it take for you to trust a robot? That's the sort of question that Dr. Susan Weinschenk lo... See more »

Salesforce Press Releases

April 7, 2021PRWeb

Nota raises $5M to boost growth of B2B SaaS Helpfeel for self-service support

Nota, Inc., makers of Gyazo, Scrapbox, and Helpfeel, has raised $5M from leading investors including ... See more »
March 30, 2021StreetInsider

Strong Salesforce Adoption in U.S. Creates Tight Market for Implementation, Integration Services

ISG Provider Lens report finds enterprise demand for Salesforce expertise outstrips supply, driving g... See more »
March 30, 2021WebProNews

Salesforce and JPMorgan Unloading Office Space in Remote Work Transition

WebProNews Salesforce and JPMorgan Unloading Office Space in Remote Work Transition Salesforce and JP... See more »
March 8, 2021Business Wire India

National Grid Transforms its Business with Appirio and Salesforce

Business Wire IndiaWipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information t... See more »
February 8, 2021PR Newswire

Salesforce Announces Extension of the Expiration Date and Revisions to Consent Solicitation

SAN FRANCISCO, Feb. 8, 2021 /PRNewswire/ -- salesforce.com, inc. (NYSE:CRM), a Delaware corporation (... See more »
January 26, 2021PR Newswire Asia

Dubber Unified Call Recording and Voice AI now available on Salesforce AppExchange

Innovative solution enables Salesforce users to compliantly capture calls from mobile, Unified Commun... See more »
January 25, 2021StreetInsider

Salesforce Chair and CEO Marc Benioff to Participate in World Economic Forum Davos Agenda 2021

SAN FRANCISCO, Jan. 25, 2021 /PRNewswire/ --Â Salesforce (NYSE: CRM), the global leader in CRM, today... See more »

Salesforce Videos

Social Media

Salesforce Headquarters

415 Mission Street 3rd Floor

San Francisco, California94105

1-800-667-6389

Driving Directions »

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Salesforce Summary

ABOUT

Overview

Salesforce (NYSE: CRM) is a software company headquartered in San Francisco, California. Salesforce is best known for its eponymous CRM product. Salesforce was founded in 1999 by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez. Sale...

CEO

Salesforce's Chairman & CEO, Marc Benioff, currently has an approval rating of 75%. Salesforce's primary competitors are Oracle, SAP & Adobe.

Website

salesforce.com

Frequently Asked Questions about Salesforce

  1. When was Salesforce founded?

    Salesforce was founded in 1999
  2. Who is Salesforce's CEO?

    Salesforce's CEO is Marc Benioff
  3. How much revenue does Salesforce generate?

    Salesforce generates $21.3B in revenue
  4. How much funding does Salesforce have?

    Salesforce has historically raised $2.7B in funding
  5. Where is Salesforce's headquarters?

    Salesforce's headquarters is in San Francisco California, USA
  1. How many employees does Salesforce have?

    Salesforce has 35,000 employees
  2. What sector does Salesforce operate in?

    Salesforce is in Internet Software, Customer Relationship Management (CRM), Enterprise Software
  3. Who are Salesforce's competitors?

    Salesforce's top competitors are Oracle, SAP, Adobe
  4. Who has Salesforce invested in?

    Salesforce's has invested in companies such as Melio, Uhuru, Bringg