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Summary*

Vlocity, founded in 2014 and headquartered in San Francisco, California, is a specialized software company focusing on industry-specific cloud and mobile solutions within the customer relationship management (CRM) domain. The company's offerings enhance sales, service, and marketing agility, operational efficiency, and digital adoption for large enterprises across sectors such as Communications, Media and Entertainment, Energy & Utilities, Insurance, Health, and Government.

Since its inception, Vlocity has demonstrated significant growth, raising a total of $152.8 million in funding. This financial backing has supported the company's expansion and development of its innovative CRM solutions. In a notable development, Salesforce acquired Vlocity in February 2020, integrating the company's industry-specific capabilities into its own product lineup.

Given Vlocity's acquisition by Salesforce, the prospect of an initial public offering (IPO) for Vlocity as an independent entity is no longer applicable. The company now operates as part of Salesforce's broader ecosystem, contributing its specialized industry knowledge and solutions to enhance Salesforce's offerings.

While we cannot speculate on future plans or make predictions, it's worth noting that Vlocity's integration into Salesforce may have implications for investors interested in the CRM and industry-specific cloud software market. Those looking to invest in this sector may want to consider Salesforce's stock, as it now encompasses Vlocity's technology and expertise.

How to invest in Vlocity

While Vlocity's IPO prospects remain uncertain, investors eager to gain exposure to innovative software companies don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the cloud-based software industry. Our platform allows you to diversify your portfolio with lower minimum investments in promising companies like Vlocity, potentially benefiting from their growth before they go public.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.