Salesforce launches second $100m impact fund

Salesforce has announced the launch of a second $100 million impact fund.

The Customer Relationship Management (CRM) software giant said the Impact Fund, from its Salesforce Ventures global strategic arm, would support the growth of
companies driving impact across education and workforce development, sustainability, diversity, equity and inclusion.

Specifically, it will invest in companies delivering solutions that address urgent challenges including:

● Education and workforce development: companies enabling equal access to high-quality education, re-skilling and preparing workers for jobs of the future.

● Sustainability: Companies creating better access to clean energy, improving resource efficiency and supply chain performance and developing new technologies that will help address climate change.

● Diversity, equity and inclusion: companies developing tools that promote equal opportunity and economic empowerment for women and underrepresented groups, as well as investing in women and underrepresented founders.

● Social sector technology: Companies amplifying impact for non-profits, foundations and public sector customers through technology that increases efficiency and transparency.

Suzanne DiBianca, chief impact officer at Salesforce, said: “Now more than ever, we believe business can be a powerful platform for change.

"We must leverage technology and invest in innovative ideas to drive the long-term health and wellness of all citizens, enable equal access to education and fuel impactful climate action.”

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