FI  TIME Ventures




     Office Locations:

220 Montgomery St. #300
San Francisco, CA 94104

 

Stages:

  • Early


 

Industries:

  • Information Technology
  • Software & Internet

  •  

    Description:

    TIME Ventures is a private investment vehicle for Salesforce founder Marc Benioff. Benioff founded Salesforce in 1999, and it is now a Fortune 500 company with 50,000 employees. Benioff and his wife, Lynne, have focused their philanthropy on children's health, the environment, public education and homelessness. The Benioffs have given more than $250 million to the University of California, San Francisco to build UCSF Benioff Children's Hospitals in San Francisco and Oakland. In 2016, they created the Benioff Ocean Initiative at the University of California, Santa Barbara, to study and solve ocean issues around the world. Benioff bought TIME Magazine from Meredith Corp. for $190 million in 2018. According to Forbes, Benioff is worth north of $8B.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Marc Benioff Founder

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      04/05/2022


      Warp


      NY


      $23,000,000


      Seed and Series A


      02/28/2022


      OpenComp


      CA


      $20,000,000


      Series A


      02/15/2022


      Novoloop


      CA


      $11,000,000


      Series A


     

    Portfolio companies include:


      Chainalysis
        web link


      Commonwealth Fusion Systems
        web link


      DroneSeed
        web link


      Mandolin
        web link


      Novoloop
        web link


      OpenComp
        web link


      Pipe Technologies
        web link


      Tulip Manufacturing
        web link


      Warp
        web link


     

    Recent News: