Investor Type | Firm |
Type of Fund | Corporate VC |
Industries | Businesses Solutions • Consumer |
Stages | Pre-Seed, Seed, Series B, Series A |
Investing | United States |
Investment Range | $500,000 - $10,000,000 |
Investment Sweet Spot | $1,000,000 |
Assets Under Management | $100,000,000 |
Slack Fund, operating as a part of Salesforce Ventures, is a corporate venture capital firm headquartered in Daly City, California, United States, specializing in early-stage investments. They focus on providing early-stage capital to the most enterprising founders with big ideas that redefine the ways people work together. Their investment scope ranges from Pre-Seed through Series B, with a sweet spot investment of around $1,000,000, minimum investments starting at $500,000, and a maximum investment limit of $10,000,000. With assets under management of $100,000,000, Slack Fund has made over 100 investments since its inception in 2015. They dedicate themselves to being long-term, patient partners, supporting founders from the concept phase all the way up to IPO. Investment Focus Areas include, but are not limited to, the Future of Work, aiding organizations in building and enabling hybrid teams; AI & ML-Enabled Applications, enhancing workflows and knowledge workers; Developer Tools & Infrastructure, supporting teams to develop and scale top-notch applications; Vertical Software, bringing innovation to sectors that have outdated or no software solutions; and Digital Commerce, empowering new brands and creators. They harness the Salesforce and Slack ecosystem to provide startups with guidance on go-to-market strategies, product-led growth, team building, and more. Slack Fund's commitment to their portfolio companies is reflected by their direct involvement and support in terms of mentorship, strategic guidance, and product integration collaborations. They are invested in reimagining work dynamics through innovative solutions and partnerships.