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Salesforce’s M&A spree continues with a reported $375M deal for defense tech startup Rune
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Salesforce has agreed to acquire Rune Technologies, a defense startup that builds AI logistics software for the U.S. military, for $375 million in cash and stock, Resilience Media reported. The deal would place Rune within Missionforce, Salesforce’s national security and defense unit. Salesforce did not respond to a request for comment.
Rune was founded in 2024 and has raised $30 million from investors including Andreessen Horowitz, Point72 Ventures and IQT, the CIA-backed venture firm formerly known as In-Q-Tel. It was last valued at $127 million after a Series A led by Human Capital last year, according to PitchBook. Its software helps military users predict supply needs and manage logistics from the field.
Missionforce launched last year and has grown 80% year over year, helped partly by a 10-year, $5.6 billion U.S. Army contract, Salesforce said in a blog post. Integrating Rune’s frontline data would extend Missionforce beyond back-office planning into battlefield operations. The acquisition underscores Salesforce’s push into defense technology.
The Rune deal is part of a broader Salesforce acquisition spree this year. Salesforce agreed to buy AI agent platform Fin, formerly Intercom, for $3.6 billion and purchased Qualified for $1.2 billion. It also signed an agreement to buy Listen Labs after the startup rejected a $125 million Series C term sheet at a $1.5 billion valuation, TechCrunch reported.
The move signals enterprise software vendors’ growing interest in defense and national security customers. Salesforce is betting AI-driven logistics can improve military readiness and supply-chain visibility. It also deepens Salesforce’s federal relationships amid rising defense technology spending.
For Rune, the deal offers scale and access to Salesforce’s government customers. For Salesforce, it adds field-level operational data that could complement existing administrative tools. Terms beyond the price were not disclosed, and the transaction is subject to customary closing conditions.
