business Overview
| HQ | placeSan Francisco Bay Area |
| Business | Business SaaS |
| Founded | access_time 24 years ago (founded 1999) |
TrueUp Trajectory Score | 78 /100 |
| Employees | 80,000 TrueUp Rank #18 |
| Valuation | $219 billion TrueUp Rank #15 all-time high: $305 B (-28%) 1 year ago: $157 B (+39%) 5 years ago: $127 B (+73%) 10 years ago: $41 B (+428%) |
| Public / Private | Public ($CRM) |
| Lists | B2B SaaS |
Salesforce is a Business SaaS company with 564 job openings. It is currently valued at $219 billion as a public company. 80,000 people work at Salesforce. The company was founded in 1999.
Salesforce grid
Employee happiness →
Growth →
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local_atm Financials
| Valuation | $219 billion TrueUp Rank #15 52 wk high: $220 B (-1%) 1 year ago: $157 B (+39%) 5 years ago: $127 B (+73%) 10 years ago: $41 B (+428%) |
| Revenue trailing 12 months | $29 billion TrueUp Rank #31 |
| Revenue growth vs. same quarter last year | 21.8% TrueUp Rank #211 |
| MULTIPLES | |
| Valuation / Revenue | 7.5x |
| Valuation per employee | $2.7 million |
| Revenue per employee | $0.4 million |
phonelink Products
| Top products | - Sales Cloud - Service Cloud - Marketing Cloud - Platform - Slack (acq in 2020 for $27.7B) - Tableau Software (acq in 2019 for $15.7B) - Demandware (acq in 2016 for $2.8B) - MuleSoft (acq in 2018 for $6.5B) |
| Other important products | - Heroku (acq in 2010 for $212M) - Quip (acq in 2016 for $750M) |
| Primary customer type | business B2B |
| Is this really a tech company? | Definitely remove Network effects check Zero marginal costs to produce check Product improves over time check Zero cost to expand globally check Self-serve onboarding + Zero cost of sales |
emoji_people Culture
| Glassdoor employee reviews | 86% would recommend Salesforce to a friend (15,450 reviews) better than 74% of tech co's 88% approve of the CEO Marc Benioff and Bret Taylor (6,187 reviews) better than 59% of tech co's |
| Company values | - Trust - Customer Success - Innovation - Equality |
| Company culture links | Our Salesforce culturenorth_east salesforce.com/company/careers/culture/ |
| Companies founded by former employees | - Veeva Systems (founded 2007) - Zuora (founded 2007) - Okta (founded 2009) - Airtable (founded 2012) |
code Open Source
| Open source citizenship | sentiment_dissatisfied OK TrueUp Rank #68 |
| Top open source projects | ★ 12.6kapache / predictionio ★ 8.4koclif / oclif ★ 3.6kdatorama / akita ★ 2.3ksalesforce / decaNLP ★ 2.2ksalesforce / TransmogrifAI ★ 2.1ksalesforce / ja3 ★ 1.8ksalesforce / ctrl ★ 1.7ksalesforce / cloudsplaining ★ 1.3ksalesforce / pytorch-qrnn ★ 1.0kapache / phoenix |
rule Policies
| % of open jobs that are remote | 5% |
| home_work Remote work policy | Remote work is common |
| public H1B sponsorships approved in 2022 | 194 TrueUp Rank #14 |
menu_book Popular books and movies
sentiment_dissatisfiednot available
history Other info
Associated billionaires (source:Forbes) | $5.8B - Marc Benioff |
| IPO date | Jun 23, 2004 (19 years ago) |
| Top owners at IPO | 31.6% - Marc Benioff 10.2% - Halsey Minor 6.0% - Attractor Funds 2.7% - Parker Harris 2.3% - Magdalena Yesil 1.8% - David Moellenhoff 1.5% - Jim Steele 1.5% - Craig Ramsey 1.1% - Steve Cakebread |
| Founder ownership at IPO | 36.1% |
| Implied founder equity split | 88% - Marc Benioff 7% - Parker Harris 5% - David Moellenhoff |