Corporate / CVC · 28 deals
San Francisco, NSW
Every published round Salesforce Ventures took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Salesforce Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Airwallex | 16 Apr 2020, Series D+ | 4 | 1 | |
| Arxxus Technology Partners | 28 May 2019 | 1 | 0 | |
| Athena | Sep 2019, Series C | 3 | 0 | |
| Axion | AI software for manufacturers to detect and resolve product issues | 15 Dec 2025, Series B | 1 | 1 |
| Basiq | 11 Apr 2021 | 1 | 0 | |
| CultureAmp | 29 Jul 2021, Series D+ | 1 | 0 | |
| Employment Hero | 2 Mar 2021, Series D+ | 2 | 0 | |
| Fingerprint For Success | 3 Feb 2023, Seed | 1 | 0 | |
| Go1 | 19 May 2020, Series C | 4 | 2 | |
| Lumary | 30 Mar 2021 | 1 | 0 | |
| Marketplacer | 15 Apr 2021 | 2 | 0 | |
| Process Street | 1 Mar 2020, Series A | 1 | 0 | |
| Q-CTRL | 31 Jan 2023, Series B | 2 | 1 | |
| Reejig | 13 Oct 2022 | 1 | 1 | |
| Refundid | 18 Jul 2022, Seed | 1 | 1 | |
| Socialsuite | 8 Mar 2019, Series A | 1 | 0 | |
| Valiant Finance | 22 Oct 2019, Series B | 1 | 1 |
Fund closes reported for Salesforce Ventures, as distinct from the investments it has made.
| Fund | Announced | Committed | Target | Close | Sources |
|---|---|---|---|---|---|
| Australia Trailblazer Fund | 6 Mar 2019 | $70m | - | - | Startup Daily (Mon 30 Jan 2023), SmartCompany, Startup Daily (Tue 5 Mar 2019) |
| Australia Trailblazer Fund | 13 Sep 2019 | $50m | - | - | SmartCompany, Australian FinTech, ARN (ARNnet) |
Companies Salesforce Ventures has backed that another company then bought. An exit for the holding, not a deal Salesforce Ventures did.
| Name | Role | Sources |
|---|---|---|
| Mike Ferrari | Head of Australia (former) | Startup Daily |
| Mike Ferrari | Boss (former) | Startup Daily (Tue 21 Feb 2023), Startup Daily (Thu 13 Oct 2022) |
| Rob Keith | Principal | Startup Daily, Australian FinTech (Thu 16 Apr 2020), brokerdaily.au, Australian FinTech (Fri 13 Sep 2019) |
| Rob Keith | Head of Australia | Startup Daily, TechCrunch Australia (Mon 18 May 2020), TechCrunch Australia (Wed 15 Apr 2020), Crunchbase News |
| Robert Keith | Managing Director | Startup Daily, TechCrunch Venture, SmartCompany (Thu 5 Mar 2020), SmartCompany (Wed 6 Mar 2019) |
Stories naming Salesforce Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Canva has bought AI agent platform Simtheory and marketing software Ortto from the Sharkey brothers, who also founded Stayz — its fourth and fifth purchases this year, prices undisclosed.
Ranking of Australia’s five best-funded fintechs — Airwallex, Athena, Zeller, InDebted and Brighte — profiling each one’s total raised, most recent raise, backers, valuation and growth moves.
Crunchbase News profiles 14 venture-backed companies its predictive models flag as likely IPO candidates, from Stripe to Sierra Space, recapping their funding histories, valuations and financial milestones.
Weekly roundup of seven Australian startup raises, led by Airwallex's Series F, plus EatClub, Kite Magnetics, Termina, Preve, Foremind and Liveheats.
Also Startup Daily
Airwallex has wrapped a $465 million Series F at a $9.6 billion valuation; Blackbird joins for the first time and half the round is a secondary sale for early backers.
Weekly roundup detailing six Australian raises: Q-CTRL's Series B extension, plus fresh capital for Mutinex, Atelier, Rosterfy, Build Club and Axify.ai, naming lead investors and founders throughout.
Quantum computing company Q-CTRL has added $87.5 million in fresh equity, expanding its Series B round, with GP Bullhound leading and a group of new and returning backers participating.
Also Forbes Australia·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily
Weekly deals roundup: Typeface buys two AI startups, Workday and IBM also acquire, Flink, Intezer, GreenLite and EasyDMARC raise, and Era Ventures gathers $88 million for its debut fund.
Eleven companies reached billion-dollar private valuations in March 2024, three from crypto; the roundup lists each newcomer's raise, lead backer and worth, with Sydney's Deputy the only Australian.
Also Crunchbase News
Payments platform Airwallex has teamed up with venture investing platform OurCrowd, letting investors back global startups in local currencies; since February over a third of OurCrowd's FX flow has run through Airwallex.
Weekly roundup covering five Australian startups that announced a combined $58.5 million in new funding, spanning quantum computing, advertising software, mining safety technology and event rental software, alongside government grant programs.
Quantum control software firm Q-CTRL is opening a purpose-built Sydney headquarters for quantum research, product development and commercialisation, backed by NSW and federal government funding, with opening expected late 2023.
Also @AuManufacturing·SmartCompany·SmartCompany·@AuManufacturing
Payments company Cuscal is acquiring open banking data firm Basiq for an undisclosed price, letting backers NAB Ventures, Salesforce Ventures, Reinventure and Visa cash out.
Also Australian FinTech·Startup Daily·Startup Daily·Australian FinTech
Salus Ventures, a new Australian defence-focused VC fund, has hired ex-Salesforce Ventures and In-Q-Tel executive Mike Ferrari as managing director, with a $25 million first close toward a $40 million target.
Roundup of six Australian startup raises totalling $94 million: Q-CTRL, Hnry, FoodByUs, F4S, STRAAND and Lenexa Medical, backed by investors including Salesforce Ventures, AirTree, Base Capital, Investible, Unilever Ventures and Stoic VC.
Also stoicam.com.au
Fingerprint for Success, an AI coaching platform, has closed a $6.5 million second seed round led by Investible, with Canva's founders investing again; its lifetime funding now totals $9.2 million.
Fingerprint for Success, maker of AI coach Marlee, raised $5 million in an Investible-led seed round, lifting total funding to $9 million, with participation from Five V Capital, Salesforce Ventures and several high-profile angels.
Also SmartCompany
Sydney quantum software firm Q-CTRL announced a $27.4 million Series B extension with new backers including Salesforce Ventures, following its $25 million Series B led by Airbus Ventures in late 2021.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·@AuManufacturing·Forbes Australia
Salesforce is shutting its Australian venture arm amid global layoffs. Local head Mike Ferrari has departed, and the unit's Australian investments will now be run from the company's American headquarters.
Also Startup Daily
Roundup of six Australian startups that together secured about $196 million this week, covering raises by Airwallex, SunDrive, T-Shirt Ventures, Iluminr, Foodini and Banksia Academy.
Workforce intelligence firm Reejig has raised $17 million with Salesforce Ventures investing, eight months after completing its Series A. The 2019-founded company's earlier backing came from Skip Capital, Airtree and Right Click Capital.
Also Startup Daily
Airwallex has secured a $100 million Series E-2 extension at an unchanged $5.5 billion valuation, joined by existing backers plus HostPlus, to fund growth, new products and acquisitions.
Also SmartCompany·Startup Daily·Australian FinTech·SmartCompany·Techboard·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Forbes Australia·Australian FinTech·Australian FinTech·Forbes Australia
Square Peg's retrospective of 2019: five new portfolio companies, several large rounds it led or co-led, two acquisitions, two IPOs, new team members, and its capital deployed across new and follow-on deals.
Also TechCrunch Venture·SmartCompany·Startup Daily·Square Peg Capital portfolio·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·@AuManufacturing·StrictlyVC·Startup News (WA)·Australian FinTech·Australian FinTech·@AuManufacturing·TechCrunch Venture·TechCrunch Venture·Crunchbase News
A roundup of Australian startups that raised funds in recent weeks: mx51, Refundid, Storipress, HIVERY, InternMatch, upcover, Pearler and Loopit together secured over $100 million despite a cooling venture market.
Also Cut Through Venture
A Brisbane learning-platform company has banked fresh backing exceeding US$100 million, lifting its worth to US$2 billion, with several venture investors named, alongside two recent acquisitions and a new president.
Also SmartCompany
Also Crunchbase News·TechCrunch Venture·SmartCompany·Startup Daily·Tech Funding News - Australia·Techboard·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·edtechchronicle.com·go1.com·Crunchbase News·TechCrunch Venture
Square Peg's post explains why it led mortgage platform Athena's $70 million Series C, with Hostplus and Airtree reinvesting and Australian Super, NAB Ventures and Salesforce Ventures joining as new backers.
Marketplacer has banked a fresh $38 million injection from first-time and returning backers after a mooted 2021 float failed to proceed, with the money earmarked for growth in America and product development.
Payments company Visa has taken a stake in open data platform Basiq to speed its API growth, with Visa and Touch Ventures each adding a representative to the company's board.
Airwallex has raised a US$200 million Series E at a US$4 billion valuation, led by Lone Pine Capital, with its founders also unveiling a $200 million fund amid a wave of big local raises.
Weekly roundup reporting Invoice2go's sale to Bill.com, raises by Go1, Employment Hero, InDebted and others, Rokt's secondary sale, Wildcard Ventures' launch, plus global deals including Zoom-Five9 and Salesforce-Slack.
Republished AFR report recalls Go1's earlier backing and Series C investors, including OIF, while its reported Series D at a billion-dollar valuation remains in progress and a listing is flagged.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup News (WA)·TechCrunch Venture·TechCrunch Venture
Weekly roundup covering CBA's strategic stakes in Little Birdie and Amber, several Australian funding rounds, Zip's BNPL acquisitions, Tritium's planned NASDAQ listing, Amazon's MGM purchase and other global tech news.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Women's Agenda
A weekly roundup reporting raises by Athena, Comestri, Mass Dynamics and CircleSource, plus Malcolm Turnbull investing through Turnbull & Partners in UK cloud forensics startup Cado Security.
Mortgage lender Athena has raised a $90 million Series D led by Square Peg Capital with earlier backers returning. The piece recalls its earlier Series A, B and C raises and lists other investors.
Also Australian FinTech·SmartCompany·Startup Daily·Australian FinTech
Melbourne marketplace platform Marketplacer has taken an undisclosed multimillion-dollar investment from Woolworths' venture arm W23, following recent raises from Salesforce Ventures and a November funding boost.
Also Startup Daily
Weekly roundup reporting fresh raises by Marketplacer, Arli, DiviPay, Payable, Flotespace and Varicon, plus references to completed campaigns by Coinstash and Superhero.
Ignition Lane's weekly roundup covers Canva's US$71 million raise, several Australian payments acquisitions and mergers, local raises by Cyble, Enboarder, Rendr and Basiq, plus overseas deals including Plaid, Box, Ramp and Coinbase's listing.
Blackbird's year-end review covers its fourth fund announcement, investments in companies including See-Mode, Morse Micro and SafetyCulture, Startmate's climate cohort intakes, Mike Cannon-Brookes joining its board, and numerous team hires.
Also Blackbird Ventures portfolio·TechCrunch Venture·TechCrunch Venture·SmartCompany·Startup Daily·Women's Agenda·Startup News (WA)·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Women's Agenda·Startup Daily
Melbourne cross-border payments startup Airwallex announced a $160 million Series D with ANZi Ventures and Salesforce Ventures joining returning backers, lifting total funding to $360 million for acquisitions, market expansion and new products.
Also Startup Daily·SmartCompany·Australian FinTech·SmartCompany·SmartCompany·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Australian FinTech·Australian FinTech·Women's Agenda·Australian FinTech·Australian FinTech·TechCrunch Venture