Salesforce Ventures, Salesforce (NYSE: CRM)’s global investment arm, launched a new $250M generative AI fund.
The fund will invest in responsible generative AI startups. It will initially invest in four companies, including Anthropic, Cohere, Hearth.AI, and You.com.
Since 2009, Salesforce Ventures has invested in and partnered with more than 400 of enterprise software companies from seed to IPO, including Airtable, Databricks, DocuSign, Guild Education, Hopin, monday.com, nCino, Snowflake, Snyk, Stripe, Tanium, and Zoom. Salesforce Ventures leverages its expertise in the cloud and its relationships with businesses around the world to help portfolio companies build credibility, and accelerate growth.
Salesforce Ventures has invested in more than 30 countries with offices all over the world including in San Francisco, Irvine, New York, London, Tokyo, and Sydney.