Salesforce Ventures

Our 2025 Year in Review is live 🚀

✅ 44 new investments
✅ 30 follow-on investments
✅ 20+ M&A exits
✅ $1B AI Fund fully deployed
✅ New focus areas in robotics, defense, & energy

Explore our full Year in Review: salesforceventures.com/sfv-2025/

"There's been an evolution in Salesforce Ventures for sure, but the through line has always been the same: How can we make sure we're finding the companies that will be delivering enterprise value."

@jsomorjai, President, Salesforce Ventures, sat down with @aleximm on the @a16z podcast this week for a candid conversation on M&A, partnerships, and venture investing in the AI era.

Highlights:

👉 How Salesforce Ventures has evolved across major technologies cycles; what's changed and what's stayed the same.
👉 Areas of the market John is most excited to invest into.
👉 John's perspective on companies that will live up to their valuation.
👉 The value Salesforce Ventures is able to provide to our portfolio companies.
👉 Why Salesforce Ventures invested in Anthropic six times.
👉 How John's upbringing shaped his career and his view of technology.

🔗 Listen to their full conversation: youtube.com/watch?v=y4BdOt…

@zipline spent a decade proving autonomous drone delivery in medical logistics. Now it’s bringing that to everyday commerce in the U.S.

Today Zipline announced its Series I, and Salesforce Ventures is proud to be an investor 🤝

Zipline today operates the world’s largest autonomous drone delivery network, with over 2.5M commercial deliveries across eight countries, 150M miles flown with a zero-serious-incident safety record, and blue chip partners like Uber, Walmart, Chipotle, Wendy’s, Little Caesars, Crumbl, Cleveland Clinic, and Mayo Clinic

Zipline owns the full stack, from the drones and charging infrastructure to the precision landing systems and a growing proprietary data layer. We believe the shift from cars to lightweight autonomous drones for everyday deliveries is the future, and Zipline is well-positioned to lead that charge. Congrats @Keller Cliffton, @keenanwyrobek, and the entire Zipline team on this milestone.

🔗 On our blog, @ClaudineEmeott, @enkitoto, @dpusateri0, and @PaschaHao wrote more about our belief in Zipline: salesforceventures.com/perspectives/a…

Congratulations to @fal on its Series E and F rounds 🎉

Earlier this year, our own @emilyyzhao sat down with fal CEO and co-founder @burkaygur to talk through how the company got here and what the future looks like.

A few highlights:

👉 Burkay spent five years at Coinbase as one of the first machine learning hires, using ML to fight fraud. The missing infrastructure and tooling is what pushed him to start fal.
👉 The first iteration of fal was a Python compute company. In Burkay’s words, “Databricks and Snowflake brought SQL to the cloud; we were going to bring Python to the cloud.”
👉 After ChatGPT, fal went all-in on image models while most of the industry chased LLMs.
👉 The Series A thesis, end of 2023: quality improves, adoption follows, and Fortune 2000 companies come with it.
👉 Burkay says a very big part of fal’s revenue now comes from product photography, e-commerce, marketing, and ads.

Emily also shared more on why we became investors in fal: LLMs tend to drive market consolidation, but generative media is subjective and personalized, so users end up chaining models together. The platform that provides that workflow and tooling is the hardest problem in the space.

Congrats to Burkay, @gorkem, and the entire fal team. We're proud to be partners in your journey. Watch our full interview with Burkay below.

𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒
(00:20) How fal started, and what Coinbase taught Burkay
(04:33) Did fal ever doubt the market?
(07:45) Where generative media is landing in the enterprise
(12:47) What Burkay would do differently
(15:10) Why fal chose Salesforce Ventures
(17:15) Why we invested

"Your unique value needs to be that you're the most obsessed about your clients and you really understand what their pains are. Then you'll be able to out-execute everyone else."

In a world where anyone can build anything with AI, @jacsebl, CTO of portfolio company @WeAreLegora, shares his advice for entrepreneurs trying to differentiate from their competitors.

🔗 Watch Jacob's full interview with @nkkall on Youtube: youtube.com/watch?v=tFd0IW…