Salsify’s company valuation hits $2 billion with the closing of its $200 million Series F funding round led by TPG.
Salsify closed a $200 million Series F funding round today, bringing our company valuation to $2 billion. This funding round was led by global alternative asset management firm TPG and also included investments from the Permira Growth Opportunities Fund, Neuberger Berman, and Cap Table Coalition.
Continuing Our Commitment to Seamless Customer Experiences
For shoppers worldwide, the once-simple act of purchasing a product is no longer linear. Brands and retailers must have the tools and resources required to build nonlinear, omnichannel shopping journeys that meet customers wherever they shop.
This funding will support Salsify on our mission to support these seamless customer experiences across the digital shelf, allowing for continued investment in product innovation that drives lasting value for our customers, partners, and employees.
Some initiatives include expanding the Salsify retailer network, continuing our global expansion, growing our global team, and delivering an open Salsify Commerce Experience Management (CommerceXM) Platform.
The open Salsify CommerceXM Platform will allow a global network of systems integrators and tech partners to build capabilities that support automation, flexibility, and consistency across a product's complete lifecycle — from product ideation to purchase.
Delivering on Salsify’s Expansive Vision for Commerce
Our investors share our commitment to driving innovation and opportunity. These partnerships will help Salsify continue to drive growth and market leadership, empowering our company to deliver on our expansive vision for commerce.
Request a guided demo to learn how the Salsify CommerceXM Platform helps brands, retailers, and distributors worldwide power superior shopping experiences across the digital shelf.
