Salesforce Ventures launches second £80m Impact Fund
Salesforce, the global CRM provider, has today announced its second Impact Fund from Salesforce Ventures, the company’s global strategic investment arm.
The new £80m fund will accelerate the growth of cloud companies addressing some of today’s most pressing needs including education and reskilling, climate action, diversity, equity and inclusion, and providing tech for nonprofits and foundations.
Suzanne DiBianca, Chief Impact Officer and EVP of Corporate Relations at Salesforce said: “Now more than ever, we believe business can be a powerful platform for change. We must leverage technology and invest in innovative ideas to drive the long-term health and wellness of all citizens, enable equal access to education and fuel impactful climate action.
“Through this new fund, Salesforce will invest in companies solving the world’s most pressing social and environmental challenges.”
John Somorjai, EVP of Corporate Development and Salesforce Ventures comments: “Salesforce Ventures not only invests in the most innovative cloud companies and founders globally, we lead with our values — incorporating social responsibility, sustainability and diversity into our investment process.
“We want to support next-gen entrepreneurs developing solutions that drive digital transformation and customer success, and also improve the state of the world.”