Salesforce Ventures Doubles AI Investment to $1B

Salesforce Ventures has announced the creation of a new $500 million AI fund, increasing its total investment in AI-driven innovation to $1 billion over the past 18 months. This move reinforces Salesforce Ventures’ dedication to supporting high-growth companies and visionary founders shaping the future of artificial intelligence.

The new fund focuses on scaling market-shifting innovations while maintaining Salesforce’s core values of trust and responsibility. In addition to financial support, portfolio companies gain access to Salesforce’s extensive Fortune 500 network and the Office of Ethical and Humane Use, which helps balance growth and innovation with ethical considerations.

Salesforce Ventures has already backed over two dozen leading AI companies, including Anthropic, Cohere, Runway, TogetherAI, Mistral AI, and Hugging Face. The expanded fund will further strengthen investments in these and other AI startups, offering patient capital alongside growth opportunities and industry expertise.

“Salesforce Ventures is a leader in helping startups scale market-changing innovations in the cloud, and we’re expanding on that heritage to bring the power of AI to all parts of the enterprise,” said John Somorjai, President of Salesforce Ventures. “The first $500 million we invested in this technology has powered growth across our AI ecosystem, and we’ll continue to incorporate learnings from across our business, partners, and customers to help build the AI leaders of tomorrow.”

Paul Drews, Managing Partner of Salesforce Ventures, emphasized the importance of trust in AI adoption. “No enterprise will fully embrace AI without trust in its value and reliability. We’re deepening our investment to help innovators deliver trusted AI solutions that earn the confidence of global companies.”

With this expanded fund, Salesforce Ventures continues to push the boundaries of AI innovation while prioritizing ethical and responsible business practices, proving that values can drive value for both businesses and the world.