Investor profile
Salesforce Ventures
CVC
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Salesforce Ventures is the corporate venture arm of Salesforce, dedicated to partnering with best-in-class entrepreneurs across the enterprise technology ecosystem. From seed through growth, the firm provides 'patient capital, coveted community, and privileged access to the resources' founders need to build industry-defining companies. Core investment areas include data and infrastructure, security, generative AI, horizontal SaaS, industry verticals, and impact (climate tech, edtech, health tech, and financial inclusion). The firm explicitly does not invest in consumer software or hardware. Operating as an evergreen fund with Salesforce as its sole LP, Salesforce Ventures leverages 'decades of expertise in the cloud and deep, long-term relationships with key decision-makers at thousands of businesses worldwide' to give portfolio companies an unfair advantage in go-to-market. Since 2009, it has deployed over $6B across 700+ companies in 32 countries, guiding 190+ to IPOs and acquisitions. In 2024, the firm expanded its dedicated AI fund to $1 billion, deploying over $850M into 35 AI-first companies — including Anthropic, Cohere, ElevenLabs, Runway, and Together AI — with a stated belief that 'AI is the most profound platform shift of our time.'
Notable quotes
“After 15 years of investing in enterprise technology, we've seen how monumental platform shifts create new market leaders. We believe AI is the most profound platform shift of our time, and its ripple effects will transform industries we care deeply about. Our focus is on founders who are building secure, trustworthy AI that will deliver ROI and shape the kind of future we want to be a part of.”
“Enterprises are moving beyond experimentation to full-scale production with AI – especially in agents, search, and integrated workflows. The companies that will win aren't just building better models; they're building more resilient businesses around transformative AI capabilities. Salesforce Ventures is committed to being the long-term partner for this next generation of AI innovators.”
“Our expanded investment deepens our commitment to helping the most dynamic and expansive innovators win the market by accelerating their growth through our customer network and delivering trusted AI that earns the confidence of the biggest companies in the world. Values drive value, and we know trust and responsibility are good for the world—and good for business.”
Team
John Somorjai
President
Claudine Emeott
Partner
Nowi Kallen
Partner
Rob Keith
Partner
Katie Schwartz Thiry
Managing Director
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Anthropic | Series F | $13.0b | 2024-11-01 |
| Databricks | Series J | $15.3b | 2024-12-01 |
| Lovable | Series B | $330m | 2025-12-18 |
| ElevenLabs | Series C | $180m | 2025-01-30 |
| Fal | Series C | $125m | 2025-07-31 |
| Legora | Series D | $550m | 2026-03-10 |
| Snowflake | IPO | — | 2020-09-16 |
| Cohere | Series D | — | 2024-07-01 |
| Wiz | Series E | — | 2024-05-01 |
| Hugging Face | Series D | $235m | 2023-08-01 |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Andreessen Horowitz | 18 |
| Sequoia Capital | 14 |
| Bessemer Venture Partners | 12 |
| Tiger Global Management | 10 |
| ICONIQ Growth | 8 |
| General Catalyst | 7 |
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