# Vlocity, a Salesforce Company

> Vlocity packaged the fiddly, industry-specific work that generic CRM leaves unfinished - data models, workflows, quoting, ordering, contracts, and digital service - as cloud software built directly on Salesforce. Founded in 2014 after David Schmaier failed to find a vertical-software company worth acquiring at Dreamforce, it reached a reported $100 million in revenue, raised roughly $163 million, and was acquired by Salesforce for approximately $1.33 billion in 2020. Its products and people became a foundation of Salesforce Industries.

- **Founded:** 2014
- **Headquarters:** San Francisco, United States
- **Founders:** David Schmaier (Co-founder and CEO), Craig Ramsey (Co-founder and Chairman), Mark Armenante (Co-founder), Young Sohn (Co-founder), James Ramsey (Co-founder)
- **Products:** Vlocity Communications, Vlocity Insurance, Vlocity Health, Vlocity Government, Vlocity Energy & Utilities
- **Notable:** Named to the Forbes Cloud 100 in 2017, 2018, and 2019., Reported $100 million in revenue less than five years after founding., Reached approximately 150 customers and 700 employees across 20 countries by March 2019.

## Products & services

- **Vlocity Communications** — Industry CRM for communications providers, including enterprise product catalog, CPQ, order capture, digital commerce, order management, and contracts.
- **Vlocity Insurance** — Policyholder, agent, quoting, enrollment, service, and policy-administration experiences built on Salesforce.
- **Vlocity Health** — Cloud applications for health insurers and healthcare organizations, including member enrollment and service workflows.
- **Vlocity Government** — Digital case management, licensing, permitting, and citizen-service processes for public agencies.
- **Vlocity Energy & Utilities** — Customer, service, product, and account workflows tailored to utility and energy providers.
- **Vlocity Media & Entertainment** — Subscription, advertising, product-launch, and customer-lifecycle applications for media businesses.
- **OmniStudio** — Low-code tools - including guided scripts, integration procedures, data transformations, and cards - used to create industry-specific digital experiences.

## Achievements

- Named to the Forbes Cloud 100 in 2017, 2018, and 2019.
- Reported $100 million in revenue less than five years after founding.
- Reached approximately 150 customers and 700 employees across 20 countries by March 2019.
- Reached a $1 billion valuation in its 2019 Series C round.
- Acquired by Salesforce for approximately $1.33 billion; the transaction closed June 1, 2020.
- Became a core ingredient of the 12-cloud Salesforce Industries portfolio introduced in September 2020.

## Latest updates

- **2020-02** — Salesforce agreed to acquire Vlocity for approximately $1.33 billion in cash.
- **2020-06** — Salesforce completed the acquisition and appointed David Schmaier CEO of Salesforce Industries.
- **2020-09** — Salesforce introduced Salesforce Industries, combining Vlocity technology with its industry portfolio across 12 clouds.
- **2021-06** — Salesforce said its Industries business had reached an approximate $2 billion annualized revenue run rate; that larger unit included Vlocity and Salesforce.org assets.
- **2026-09** — The standalone Vlocity brand is inactive; its technology continues under Salesforce Industries products and OmniStudio.

## Links

- Website: https://www.salesforce.com/industries/
- LinkedIn: https://www.linkedin.com/company/vlocity-inc
- GitHub: https://github.com/vlocityinc

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Last updated: 2026-09-26