Salesforce’s M&A spree continues with a reported $375M deal for defense tech startup Rune

Key points

• Salesforce agreed to buy Rune Technologies for $375 million in cash and stock.
• Rune builds AI software that helps the U.S. military predict supply needs and manage field logistics.
• The deal supports Salesforce's Missionforce unit, whose business grew 80% year over year.

Salesforce has agreed to acquire Rune Technologies, a startup that makes AI software to help the U.S. military predict supply needs and manage logistics from the field, for $375 million in cash and stock, Resilience Media reported.

The deal supports Salesforce's push into defense tech through Missionforce, the business unit it launched last year to serve national security and defense agencies.

Growth at Missionforce

Salesforce said Missionforce's business has grown 80% year over year, helped in part by a new 10-year, $5.6 billion contract with the U.S. Army. By adding Rune's frontline logistics data, the unit will move beyond back-office administrative planning to support battlefield operations.

Salesforce didn't respond to a request for comment.

— TechCrunch

Rune's funding history

Founded in 2024, Rune has raised $30 million in total from investors including Andreessen Horowitz, Point72 Ventures and IQT, a CIA-backed nonprofit venture firm formerly known as In-Q-Tel. PitchBook data shows the startup was last valued at $127 million after a Series A led by Human Capital last year.

The Rune deal adds to a busy year of acquisitions for Salesforce. The company also agreed to buy AI agent platform Fin, formerly Intercom, for $3.6 billion, bought Qualified for $1.2 billion, and signed an agreement to buy Listen Labs. Salesforce did not respond to a request for comment.