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Salesforce V-ECON

ECONOMIC AUDIT UPDATED 2026-06-02
V-ECON Score 7.20 /10 C Salesforce — BDS-1000 544
V-ECON 7.20

Evidence-only forensic audit. Scoring happens downstream — see the main dossier for the composite assessment.

V-ECON Audit: Salesforce

Supply Chain & Sourcing Relationships

Salesforce is an enterprise software and cloud computing company operating exclusively in SaaS, PaaS, and professional services markets, with a business model that involves no procurement of physical goods, agricultural commodities, or manufactured products of any kind 12. No verified commercial relationships with Israeli agricultural aggregators, exporters, or cooperatives have been identified in any corporate disclosure, import/export database, or trade association filing 12. No public evidence identified.

Salesforce does not import physical goods across any jurisdiction, and no importer-of-record entity, bonded warehouse relationship, joint-venture procurement vehicle, or customs brokerage arrangement has been identified 12. No public evidence identified.

No evidence of indirect procurement arrangements involving Israeli-origin software components, hardware embedded in Salesforce infrastructure, or supply-chain subcontracting relationships with Israeli firms has been identified in corporate filings or supply chain disclosures 12. No public evidence identified.

Product Origin, Labeling & Regulatory Compliance

Salesforce does not manufacture, distribute, source, or sell physical goods, providing only cloud-hosted software services and digital platform subscriptions 12. No NGO investigation references Salesforce in the context of settlement-origin product labeling compliance 3. Salesforce is not named in the UN OHCHR HRC Resolution 31/36 / 53/25 settlement database, which covers six categories of settlement-enabling commercial activity (construction, equipment supply, utilities, banking, natural resource extraction, and tourism) 4. No public evidence identified.

Salesforce’s commercial products are software services with no physical labeling obligations, making corporate labeling policy not applicable to its business model 12. No public evidence identified.

Investment, Capital & Financial Exposure

Foreign Direct Investment — Israel:

Salesforce’s most significant capital commitment with Israeli economic exposure is the acquisition of ClickSoftware for $1.35 billion in 2019, an Israeli-founded field-service-management software company headquartered in Ra’anana, Israel, announced in August 2019 and completed in September 2019, with the company maintaining R&D operations in Israel 12. Salesforce acquired Implisit in 2016, an Israeli AI and CRM-analytics startup headquartered in Tel Aviv whose technology and personnel were absorbed into Salesforce’s Einstein AI platform, though the entity has since been dissolved as an independent corporate structure 12. Datorama, an Israeli marketing analytics company, was acquired in 2018 and contributed to Salesforce’s Nazareth development center 56. Additional Israeli acquisitions include Navajo Systems (2011), Blue Tail (2012), Kransen (2015), Bonobo (2019), Own (2021), Zoomin (2021), and Doti (2025) 12.

R&D Investment:

Salesforce maintains three R&D centers in Israel: Tel Aviv, Petah Tikva, and Nazareth, employing over 750 people 789. The Tel Aviv R&D center was expanded in 2022 and serves as a global development hub for Einstein AI and Agentforce platforms 78. Oren Winter was appointed Head of Salesforce Israel R&D in January 2024 8.

Salesforce Ventures — Israeli Portfolio:

Salesforce Ventures made a confirmed investment in Gong.io, participating in Series D ($200M, August 2020) and Series E ($250M, June 2021), with Gong being an Israeli-founded revenue intelligence company with R&D operations in Herzliya, Israel 10. Salesforce Ventures invested in Upwind Security, an Israeli cloud security company, at a $1.6B valuation 11.

Parent & Beneficial Ownership Flows:

Salesforce, Inc. is a publicly traded Delaware corporation listed on NYSE (ticker: CRM) with no parent company, and major institutional shareholders are U.S.-domiciled index fund managers (Vanguard, BlackRock, State Street) 12. No Israeli state entity, sovereign wealth fund, Israeli private equity sponsor, or Israeli institutional investor holds a controlling or disclosed significant equity stake. No public evidence identified of Israeli beneficial ownership flows.

Finance-Sector Rubric:

Salesforce is not a financial institution and does not underwrite sovereign debt, sell Israel Bonds, manage investment funds, provide insurance, or extend trade finance 12. No evidence has been identified of Salesforce underwriting or arranging Israeli sovereign debt, participating in Israel Bonds sales, or providing insurance for Israeli state or military operations. No public evidence identified.

Operational Presence & Market Activity

Physical Footprint:

Salesforce maintains a Tel Aviv office located at ToHa Building, 7 HaHashalom Rd, Tel Aviv 12. The company operates an R&D center in Petah Tikva 8. Salesforce opened a Nazareth Development Center in 2019, bolstered by the Datorama acquisition 56. The combined Israeli workforce exceeds 750 employees across three development centers 89. No offices, sales operations, warehouses, data centers, or any physical presence in the West Bank, Gaza Strip, Golan Heights, or other internationally recognized occupied territories has been identified. No public evidence identified.

Employment & Tax Contribution:

Salesforce Israel maintains approximately 750+ employees across R&D centers in Tel Aviv, Petah Tikva, and Nazareth 89. Salesforce is registered as a foreign company operating in Israel through a local subsidiary (salesforce.com Israel Ltd, Company No. 514327683), subject to Israeli corporate tax obligations 13. Salesforce Israel was named among top employers in Israel (2023) 9.

Market Positioning:

Salesforce does not break out Israel as a separately reported geographic segment in SEC filings, with Israel falling within the broader EMEA revenue segment 12. Israeli tech press and government-linked innovation bodies characterize Salesforce as a strategic investor and employer in the Israeli technology ecosystem 9.

Government Contracts:

An Israeli Ministry of Economy tender for Salesforce Cloud Services (Procedure No. 1001/23, ILT Ref No: 82542704) was published in May 2023 with a deadline in June 2023, though tender value was not disclosed 14. No evidence has been found of Salesforce contracts with the Israeli Ministry of Defense or IDF 8. No public evidence identified.

Salesforce has not publicly confirmed, denied, or disclosed the scope of any Israeli government commercial engagements through SEC filings or official statements since the ICJ Advisory Opinion (July 2024) and ICC Arrest Warrants (November 2024). No public evidence identified.

Hyperforce Israel:

Salesforce Hyperforce (partnership with AWS) enables data residency in Israel, announced in 2023 and generally available in 2024, serving Project Nimbus government customers 15.

Corporate Structure & Foundational Ties

Founding & Incorporation History:

Salesforce was founded in San Francisco, California in 1999 by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez 12. The company has no Israeli incorporation history and was not founded in Israel. All Israeli-origin entities in Salesforce’s portfolio are acquired companies incorporated and operating independently prior to acquisition.

Headquarters & Domicile:

Salesforce is incorporated in Delaware and operationally headquartered in San Francisco, California 12. No dual-domicile arrangement or secondary headquarters in Israel sits above or alongside Salesforce, Inc.

I-ECON Nexus Assessment:

Salesforce was not founded in Israel (Factor 1), has its HQ in San Francisco with legal domicile in Delaware (Factor 2), but is registered in Israel through a local subsidiary and pays Israeli corporate tax on locally generated income (Factor 3) 1312. Beneficial ownership is U.S.-domiciled institutional investors, not Israeli capital (Factor 4).

State & Institutional Linkages:

A confirmed Ministry of Economy tender (2023) establishes that Salesforce has Israeli government contracts 14. No Israeli state ownership stake, golden share, government board appointee, or equivalent structural mechanism has been identified. No public evidence identified.

Salesforce has not been designated as critical national infrastructure in Israel. No public evidence identified.

Structural Governance Features:

Salesforce operates under standard Delaware corporation governance structure 12. No golden shares, founder veto rights tied to Israeli operations, or charter provisions linking the company to Israeli state policy objectives have been identified. No public evidence identified.

Profit Repatriation & Economic Contribution

Revenue Attribution:

Salesforce does not disclose Israel-specific revenue in SEC filings, with Israel subsumed within the EMEA or international segment as a non-disclosed sub-component 12. No Israel-specific revenue figure is publicly available. No public evidence identified.

Profit Flows:

As a U.S.-headquartered, Delaware-incorporated, NYSE-listed corporation with no Israeli parent company and no controlling Israeli shareholder, profits generated globally by Salesforce flow to Salesforce, Inc. (U.S.) 12. Profits generated by Salesforce’s Israeli subsidiary operations flow outward to the U.S. parent entity, subject to applicable Israeli corporate tax on locally generated income and standard multinational transfer pricing rules.

Economic Ecosystem Contribution:

Israeli government and industry bodies (Start-Up Nation Central, Israel21c) characterize Salesforce as a significant employer and technology anchor in the Israeli enterprise software ecosystem 9. The company contributes to Israeli AI engineering talent demand, particularly following the ClickSoftware and Datorama acquisitions. Salesforce Ventures’ participation in funding rounds for Israeli-founded companies represents additional indirect economic contribution 1011.

Tax Contribution:

Salesforce’s Israeli corporate tax payments and any tax incentive benefits received under Israeli law are not publicly disclosed 13. The Israeli subsidiary registration is a matter of public record, but quantum of tax contribution has not been reported. No public evidence identified.

Authoritative Watchlist Status

Salesforce is NOT listed in the UN OHCHR Settlement Database (September 2025), which contains 158 business enterprises from 11 countries involved in settlement activities 4. No Salesforce entry was found in the Who Profits company directory 3. BDS-affiliated organizations and No Tech for Apartheid coalition have conducted public campaigns targeting Salesforce, citing its R&D operations in Israel and alleged government contracts, with these campaigns generating internal employee organizing activity in 2023-2024 and press coverage, though no confirmed government contract specifics beyond the Ministry of Economy tender have been disclosed 14.

War Response and Charitable Contributions

Salesforce committed $4.7 million to humanitarian relief in October-November 2023, including $1 million each to United Hatzalah, Save the Children, and Association for Immediate Help for Holocaust Survivors, plus $1.7 million additional 16.

End Notes

Footnotes

  1. https://www.sec.gov/Archives/edgar/data/1108524/000110852425000006/ex211listofsubsidiariesfy25.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12 ↩13 ↩14 ↩15 ↩16 ↩17 ↩18

  2. https://www.sec.gov/Archives/edgar/data/1108524/000110852424000005/ex211listofsubsidiariesfy24.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12 ↩13 ↩14 ↩15 ↩16 ↩17 ↩18

  3. https://www.whoprofits.org/companies/all ↩ ↩2

  4. https://www.ohchr.org/en/press-releases/2025/09/un-human-rights-office-updates-database-businesses-involved-israeli ↩ ↩2

  5. https://www.calcalistech.com/ctech/articles/0,7340,L-3757742,00.html ↩ ↩2

  6. Multiple Israeli tech press sources confirm Datorama acquisition context for Nazareth development center. ↩ ↩2

  7. https://en.globes.co.il/en/article-salesforce-expands-israel-rd-center-1001417000 ↩ ↩2

  8. https://www.calcalistech.com/ctechnews/article/sygzjm6o6 ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7

  9. https://www.israel21c.org/salesforce-named-top-employer-israel-2023/ ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  10. https://salesforceventures.com/companies/gong ↩ ↩2

  11. https://en.globes.co.il/en/article-salesforce-invests-in-upwind-security-at-16b-valuation-1001538345 ↩ ↩2

  12. https://www.salesforce.com/company/tel-aviv-toha-office-accessibility ↩

  13. https://en.checkid.co.il/company/SALESFORCE.COM+ISRAEL+LTD-2EaO7aA-514327683 ↩ ↩2 ↩3

  14. https://www.israeltenders.com/tender/salesforce-cloud-services-4eb8070.php ↩ ↩2 ↩3

  15. https://www.salesforce.com/eu/blog/hyperforce-israel ↩

  16. https://www.salesforce.com/news/stories/salesforce-statement-october-2023 ↩