Salesforce

Salesforce

Cloud-based Customer Relationship Management solutions

About Salesforce

Simplify's Rating
Why Salesforce is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

Enterprise Software

Company Size

10,001+

Company Stage

IPO

Total Funding

$62.7M

Headquarters

San Francisco, California

Founded

1999

Overview

Company Historically Provides H1B Sponsorship

Salesforce offers cloud-based software solutions that focus on Customer Relationship Management (CRM). Its main product, Customer 360, provides tools for businesses to manage customer interactions across various functions like marketing, sales, and service. The company operates on a subscription model, allowing clients to access its services without the need for expensive installations, and it stands out by offering customizable solutions tailored to different industries. Salesforce aims to help businesses enhance customer satisfaction and drive growth through effective relationship management.

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Simplify's Take

What believers are saying

  • Salesforce's $500 million AI investment expands its presence in the Middle East.
  • The introduction of Agentforce enhances AI integration in CRM, boosting customer engagement.
  • Linda Saunders' promotion indicates a strategic focus on the African market.

What critics are saying

  • Intensifying AI competition from Microsoft and Oracle may erode Salesforce's market share.
  • Key personnel departures, like Tim Fahmy, could impact strategic sales direction.
  • Consumer trust issues in AI could affect Salesforce's brand reputation and retention.

What makes Salesforce unique

  • Salesforce's Customer 360 offers a comprehensive suite of CRM applications.
  • The company focuses on sustainable AI practices with the AI Energy Score initiative.
  • Salesforce's subscription model provides a steady revenue stream and continuous innovation.

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Funding

Total Funding

$62.7M

Below

Industry Average

Funded Over

7 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Health Insurance

Life Insurance

401(k) Retirement Plan

Remote Work Options

Flexible Work Hours

Parental Leave

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 5%

2 year growth

↓ -1%
MarketBeat
Feb 15th, 2025
Hickory Asset Management Inc. Invests $492,000 in Salesforce, Inc. (NYSE:CRM)

Hickory Asset Management Inc. invests $492,000 in Salesforce, Inc. (NYSE:CRM).

MarketBeat
Feb 14th, 2025
Campbell Wealth Management Invests $258,000 in Salesforce, Inc. (NYSE:CRM)

Campbell Wealth Management invests $258,000 in Salesforce, Inc. (NYSE:CRM).

DIG Watch
Feb 13th, 2025
Salesforce announces $500 million AI investment in Saudi Arabia

AI competition is intensifying globally, with Salesforce unveiling major expansion plans at Saudi Arabia's LEAP 2025 event.

IT-Online
Feb 12th, 2025
AI energy score measures AI model efficiency

Salesforce, in collaboration with Hugging Face, Cohere, and Carnegie Mellon University, has announced the release of the AI Energy Score, a benchmarking tool that lets AI developers and users evaluate, identify, and compare the energy consumption of AI models.

ExecutiveBiz
Feb 11th, 2025
Tim Fahmy Joins Interos.ai as Sales VP

Tim Fahmy, formerly vice president of sales at Salesforce, announced on LinkedIn Monday that he has joined supply chain risk intelligence services provider Interos.ai as VP of sales.

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