
Slack is owned by Salesforce, Inc. (NYSE: CRM), a publicly traded American cloud-based software company headquartered in San Francisco, California, USA. Salesforce acquired Slack in 2021 for approximately $27.7 billion. Slack operates as a wholly-owned subsidiary within Salesforce's product portfolio. Slack was founded in 2013 by Stewart Butterfield and emerged from a failed gaming project called Glitch. The platform has millions of daily active users and competes with Microsoft Teams in the enterprise collaboration market.
Parent Company
Acquired
2021
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Slack | Salesforce, Inc. | Wholly owned |
Slack was founded in 2013 by Stewart Butterfield, Eric Costello, Cal Henderson, and Serguei Mourachov. The platform emerged from a failed gaming project called Glitch, a multiplayer online game developed by Butterfield's company Tiny Speck. Glitch was launched in 2011 but failed to attract a sufficient user base and was shut down in December 2012.
During the development of Glitch, the Tiny Speck team built sophisticated internal communication tools to coordinate their work across distributed teams in San Francisco and Vancouver. The team realized that the communication tool they had built was more valuable than the game itself. After Glitch was shut down, Butterfield and his team pivoted to focus on the communication tool, which became Slack.
Slack launched publicly in August 2013. The platform offered team collaboration organized into channels, direct messaging, file sharing, and integration with third-party business applications. Slack's channel-based organization was a departure from the email-centric communication model used by most businesses. Instead of individual email threads, Slack organized conversations into persistent channels that could be organized by topic, project, or team.
Slack experienced explosive growth in 2014 and 2015, becoming one of the fastest-growing business software applications in history. Within months of launch, Slack was being used by thousands of companies. The platform's intuitive interface, extensive integrations, and emphasis on reducing email resonated with technology companies, startups, and media organizations. Slack reached a $1 billion valuation in 2014, less than a year after launch, making it one of the fastest companies to achieve unicorn status.
Slack's growth was driven by several factors. The platform offered a free tier that allowed teams to try the product without commitment. Slack's app directory integrated with hundreds of third-party services including Google Drive, Dropbox, Trello, and GitHub, making it a central hub for workplace tools. The platform's search functionality allowed users to find information across all channels and messages, addressing a common pain point with email.
In 2015, Slack introduced voice calling, later expanding to video calling and screen sharing. The company also launched Slack Enterprise Grid, a version of Slack designed for large organizations with thousands of users. Enterprise Grid added features for administrative control, compliance, and security that were required by large enterprises.
Throughout 2016 to 2018, Slack continued to grow but faced increasing competition from Microsoft Teams. Microsoft Teams launched in March 2017 and was bundled with Microsoft 365 (formerly Office 365) subscriptions. This bundling strategy gave Microsoft Teams a significant distribution advantage, as millions of Microsoft 365 subscribers automatically had access to Teams at no additional cost. Slack filed a complaint with the European Commission in 2020, alleging that Microsoft's bundling of Teams with Microsoft 365 was anti-competitive.
In June 2019, Slack went public through a direct listing on the New York Stock Exchange under the ticker symbol WORK. The direct listing allowed existing shareholders to sell shares without issuing new stock. Slack's shares opened at $38.50, valuing the company at approximately $23 billion. The direct listing was notable because it was only the second major direct listing after Spotify's in 2018.
As a public company, Slack continued to grow revenue but struggled with profitability. The company invested heavily in sales and marketing to compete with Microsoft Teams. Slack's revenue grew from approximately $400 million in fiscal year 2019 to approximately $900 million in fiscal year 2021. However, the company reported net losses in each year.
In December 2020, Salesforce announced its acquisition of Slack for approximately $27.7 billion. The acquisition was completed in July 2021. Slack was delisted from the NYSE following the acquisition. Stewart Butterfield remained as CEO of Slack until January 2023, when he departed Salesforce. Lidiane Jones, who previously led Salesforce's Experience Cloud, succeeded Butterfield as Slack CEO. Jones departed in late 2023 to become CEO of Bumble, and Slack has since been led by Salesforce executives within the company's broader product organization.
Under Salesforce ownership, Slack has been integrated with Salesforce's CRM platform and positioned as the collaboration layer for Salesforce's Customer 360. Salesforce has invested in AI features for Slack, including Slack AI, which provides summaries of channels and threads, and Slack GPT, which integrates generative AI capabilities.
As of 2026, Slack has tens of millions of daily active users. The platform is used by businesses of all sizes, from small startups to large enterprises. Slack faces ongoing competition from Microsoft Teams, which has over 320 million monthly active users. Slack's market share is smaller than Teams, but Slack maintains a strong position among technology companies, media organizations, and businesses that prefer its user experience and integration model.
What does Salesforce own?
Salesforce owns approximately 10 product platforms including Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, Agentforce, Data 360, Slack, Tableau, MuleSoft, and AppExchange. The company acquired Slack for approximately $27.7 billion in 2021, Tableau for approximately $15.7 billion in 2019, MuleSoft for approximately $6.5 billion in 2018, and Informatica for approximately $8 billion in 2025.
Is Salesforce publicly traded?
Yes, Salesforce is publicly traded on the New York Stock Exchange under the ticker symbol CRM. The company went public in June 2004 and is a component of the Dow Jones Industrial Average. Major institutional investors include Vanguard Group, BlackRock, and State Street Corporation.
Who founded Salesforce?
Salesforce was founded in 1999 by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez in San Francisco, California. Benioff, a former Oracle executive, continues to serve as Chairman and CEO.
Where is Salesforce headquartered?
Salesforce is headquartered in San Francisco, California, USA. The company's headquarters, Salesforce Tower, is the tallest office building in San Francisco. Salesforce operates globally with major offices across North America, Europe, and Asia-Pacific.
How many brands does Salesforce own?
Salesforce owns approximately 10 product platforms. The most recognizable are Sales Cloud, Service Cloud, Slack, Tableau, MuleSoft, and Agentforce. The company does not operate consumer-facing brands; all products are enterprise software sold on a subscription basis.
Who owns Salesforce?
Salesforce is a publicly traded corporation with a dispersed shareholder base. No single shareholder controls the company. Major institutional investors hold significant stakes, but none exercise operational control. Co-founder Marc Benioff owns approximately 3 percent of outstanding shares and maintains influence through his founder status and role as Chairman and CEO.
What is Salesforce's revenue?
Salesforce reported full fiscal year 2026 revenue of $41.5 billion, up 10 percent year over year. The company initiated fiscal 2027 revenue guidance of $45.8 billion to $46.2 billion and raised its fiscal 2030 revenue target to $63 billion.
Slack operates under Salesforce's corporate sustainability framework. As a digital service, Slack's environmental footprint is primarily related to cloud infrastructure.
Carbon Emissions: Salesforce has committed to achieving net zero greenhouse gas emissions across its full value chain by 2040. The company has achieved carbon neutrality for its direct operations since 2021. Slack's cloud infrastructure operates on AWS, which has committed to powering its operations with 100% renewable energy. Salesforce purchases renewable energy credits and carbon offsets to cover its cloud infrastructure emissions.
Remote Work Impact: Slack's platform enables remote and hybrid work, which can reduce the environmental impact of commuting and office space. Salesforce has reported that its remote work policies have reduced the company's carbon footprint from employee commuting. However, the net environmental impact of remote work is complex, as it may increase residential energy consumption.
Data Privacy: Slack operates under Salesforce's privacy framework, which includes GDPR compliance, data encryption, and user privacy controls. Slack offers enterprise-grade security features including enterprise key management, data loss prevention, and compliance exports. These features are designed for organizations in regulated industries such as financial services and healthcare.
Accessibility: Slack supports accessibility features including screen reader compatibility, keyboard navigation, and color contrast settings. The platform complies with WCAG 2.1 accessibility standards. Slack's accessibility documentation is publicly available on its website.
B Corp Status: Slack is not a certified B Corporation. Salesforce became a certified B Corporation in 2021, making it one of the largest B Corp-certified companies. However, the B Corp certification applies to Salesforce's overall corporate practices rather than individual product brands.
AI Ethics: Salesforce has published AI ethics principles that apply to Slack's AI features. These principles include transparency, accountability, and human oversight of AI systems. Slack AI features, including channel summaries and search, are designed to respect user privacy and data security.
Slack's sustainability profile is integrated into Salesforce's corporate-level initiatives. The brand does not carry independent sustainability certifications separate from Salesforce's corporate certifications.
Slack has received recognition from technology publications and industry organizations for its workplace collaboration platform.
Webby Awards: Slack has received multiple Webby Awards for its online communication and productivity platform. The Webby Awards are independently judged by the International Academy of Digital Arts and Sciences. Slack has won in categories including Productivity and Communication.
Fast Company Most Innovative Companies: Slack has been named to Fast Company's Most Innovative Companies list, recognizing its impact on workplace communication. Fast Company is a business media publication that independently curates this list.
PC Magazine Editors' Choice: Slack has received PC Magazine's Editors' Choice award for team collaboration software. PC Magazine is an established technology publication that independently evaluates software products through hands-on testing.
Apple Design Award: Slack's iOS application received an Apple Design Award, recognizing its user interface and user experience design. Apple's design awards are independently judged by Apple's design team.
G2 Crowd Awards: Slack has received recognition on G2 Crowd (now G2), a software review platform where users rate business software products. Slack has consistently ranked highly in user satisfaction scores for team collaboration software. G2's ratings are based on verified user reviews.
Slack's awards are primarily from technology publications and user review platforms rather than independent testing organizations. The brand's recognition reflects its user experience design and impact on workplace communication patterns.
Slack has faced several controversies and challenges during its history, primarily related to security, competition, and the Salesforce acquisition.
2021 Security Incident: In December 2020, Slack disclosed a security incident in which unauthorized access was gained to the company's GitHub repository. The incident exposed Slack's internal source code but did not compromise user data. Slack investigated the incident and determined that a limited number of employee tokens were used to access the repository. The company rotated affected credentials and enhanced its security monitoring. No user data was exposed in the incident.
Microsoft Teams Competition Complaint (2020): In July 2020, Slack filed a complaint with the European Commission alleging that Microsoft's bundling of Teams with Microsoft 365 was anti-competitive. Slack argued that Microsoft forced customers to use Teams by including it in Microsoft 365 subscriptions, making it difficult for customers to choose alternative collaboration tools. The European Commission opened an investigation into Microsoft's bundling practices in 2023. The investigation is ongoing as of 2026. Microsoft has since offered to unbundle Teams from Microsoft 365 in some markets, though the European Commission has indicated this may not be sufficient to resolve the competition concerns.
Service Outages: Slack has experienced occasional service outages that disrupted workplace communication for users. In 2021, Slack experienced a significant outage during the first week of January, affecting users returning from holiday breaks. The outage lasted several hours and highlighted the dependency of businesses on collaboration platforms. Slack has invested in infrastructure improvements to reduce outage frequency, but occasional disruptions continue to occur.
Data Retention and Privacy Concerns: Slack has faced scrutiny regarding data retention practices. The platform stores all messages, files, and shared content by default, which can create privacy concerns for users who expect their communications to be private. Enterprise customers can configure data retention policies, but free and Pro tier users have limited control over data retention. Privacy advocates have raised concerns about the volume of workplace communication data stored by Slack and its potential use for surveillance or monitoring.
Salesforce Integration Challenges: Following the Salesforce acquisition, some Slack users expressed concerns about the integration of Slack with Salesforce's CRM platform. Some users worried that Salesforce would prioritize enterprise features over the user experience that made Slack popular. Slack has maintained its user interface and product direction, but the integration with Salesforce products has introduced complexity for some users.
Stewart Butterfield Departure (2023): Slack co-founder and CEO Stewart Butterfield departed Salesforce in January 2023, approximately 18 months after the acquisition. His departure raised questions about Slack's future direction within Salesforce. Butterfield was succeeded by Lidiane Jones, who also departed later in 2023. The leadership turnover at Slack has led to concerns about the brand's autonomy within Salesforce's larger corporate structure.
Current Status: Slack continues to operate as a leading collaboration platform within Salesforce's portfolio. The brand has not experienced major security breaches or product safety issues. The ongoing competition with Microsoft Teams remains the primary challenge. The European Commission's investigation into Microsoft's Teams bundling could potentially benefit Slack if regulatory remedies are imposed.
No direct competitors found in the same category. This could be because Slackoperates in a unique market segment or we're still building our competitor database.
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