# Slack Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/slack-technologies

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.slack.com
- Total disclosed funding: $1.4B
- Latest round: Series H (Aug 13, 2018)
- Investors on record: 22

## About

Based in the US, Slack Technologies, LLC, a Salesforce company is a cloud-based collaboration platform that fosters team productivity through real-time messaging, file sharing, and integrated project management tools.Slack Technologies, LLC was founded in 2009 in San Francisco, US, providing a platform that enhances workplace collaboration. The company has undergone strategic pivots, including its acquisition by Salesforce.com, Inc. in 2021, which valued it at USD 27.7 billion. The founding team includes Cal Henderson, Deepti Rohatgi, Serguei Mourachov, Sheela Subramanian, and Stewart Butterfield, who has led the company as CEO alongside Lidiane Jones. Slack has secured a total of USD 27,700 mn in funding, with its most recent round being an Add-on, Public to Private, Trade Sale in June 2019, involving Salesforce, Inc. as a significant investor. The company has participated in 14 funding deals overall.Slack Technologies, LLC delivers a suite of work management and productivity tools that enhance collaboration. The primary offering, Slack, is a messaging platform that integrates communication, file sharing, and project management. It features organized channels for discussions, Slack Connect for external communications, Huddles for meetings, and Clips for video updates, while also utilizing AI to optimize workflows. Slack's services cater to diverse industries globally, with a user base that includes 80% of Fortune 100 companies, supporting operations across the Americas, Europe, and Asia Pacific.In the most recent financial year, 2021, Slack reported a revenue of USD 902.61 mn and an EBITDA of USD -202.64 mn. The company operates on a subscription-based revenue model, offering tiered pricing that accommodates various organizational needs, with additional features available for enterprise customers.Slack Technologies aims to accelerate its growth by launching new products and enhancing existing features, leveraging the recent funding to support innovation. The company is focusing on expanding its market presence in Europe and Asia by 2023, aiming to capture a larger share of the collaboration software space. The funding from Salesforce's acquisition is expected to enhance product development and market penetration strategies.

## Funding rounds

- Series H, Aug 13, 2018, $427M — T Rowe Price, General Atlantic, Wellington Management, Baillie Gifford, Dragoneer Investment Group, Sands Capital Alternatives
- Series G, Dec 28, 2017, $413M — Accel, Global Founders Capital, SB Investment Advisers, Riverside Ventures
- Series F, Mar 31, 2016, $208M — Accel, Index Ventures, Institutional Venture Partners, Granite Asia, Comcast Ventures, Spark Capital, Thrive Capital, Social Capital
- Series E, Apr 16, 2015, $160M — Accel, Index Ventures, Institutional Venture Partners, Kleiner Perkins, Spark Capital, GV, Andreessen Horowitz, DST Global, Social Capital, Horizons Ventures
- Series D, Dec 19, 2014, $6.7M — Kleiner Perkins, Andreessen Horowitz, Social Capital
- Series D, Oct 31, 2014, $120M — Accel, Kleiner Perkins, GV, Andreessen Horowitz, Social Capital
- Series C, Apr 27, 2014, $43M — Accel, Andreessen Horowitz, Social Capital
- Series B, Apr 12, 2011, $11M — Accel, Andreessen Horowitz
- Series A, Mar 31, 2010, $5M — Accel, Andreessen Horowitz
- Seed, Jan 1, 2009, $1.5M — Accel, Andreessen Horowitz

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A, Series B, Series C, Series D, Series E, Series F, Series G
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A, Series B, Series C, Series D, Series E
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series C, Series D, Series E, Series F
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series D, Series E
- GV (https://capitalatlas.ai/funds/gv) — Series D, Series E
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series E, Series F
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series E, Series F
- Spark Capital — Series E, Series F
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series E
- Horizons Ventures — Series E
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series F
- Comcast Ventures (https://capitalatlas.ai/funds/comcast-ventures) — Series F
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series F
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Series G
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series G
- Riverside Ventures (https://capitalatlas.ai/funds/riverside-ventures) — Series G
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series H
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series H
- Wellington Management (https://capitalatlas.ai/funds/wellington-management) — Series H
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series H
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series H
- Sands Capital Alternatives (https://capitalatlas.ai/funds/sands-capital-alternatives) — Series H