Smarsh

Smarsh

Archiving and compliance solutions for regulated industries

About

Smarsh provides archiving and compliance solutions specifically designed for financial services, government agencies, and other regulated industries. Their main product is a cloud-based archiving system that allows organizations to securely store, search, and manage their communications data, including emails, text messages, and social media interactions. This system helps businesses meet complex security, data privacy, and regulatory requirements. Smarsh differentiates itself from competitors by offering a context-aware and extensible archive that caters to both large enterprises and smaller organizations, with a focus on scalability and security. Their goal is to help clients navigate compliance challenges and manage communication data effectively, ultimately reducing risks and ensuring adherence to evolving regulations.

Company Stage

Acquired

Employees

1,001-5,000

Industries

Enterprise Software, Cybersecurity, Financial Services

Total Funding

$42.4M

Headquarters

Portland, Oregon

Founded

2001


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Simplify's Take

What believers are saying

  • Smarsh's global expansion includes a new office in Costa Rica for enhanced support.
  • Integration with OpenAI's ChatGPT API enhances Smarsh's AI compliance capabilities.
  • Partnership with Verizon simplifies mobile compliance procurement for Verizon's clients.

What critics are saying

  • Integration with OpenAI's API may pose compliance and security challenges.
  • EU's AI Act requires significant adjustments to Smarsh's AI systems.
  • Expansion into Latin America may expose Smarsh to regional instability.

What makes Smarsh unique

  • Smarsh offers cloud-native, context-aware archiving solutions for regulated industries.
  • The company integrates with popular tools like Microsoft Teams for seamless compliance.
  • Smarsh serves 9 of the top 10 banks, showcasing its industry trust.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

-2%

Benefits

Health Insurance

Dental Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

Stock Options

401(k) Company Match

Employee Assistance Programme

Wellness Program

Adoption Assistance

Group Income Protection

Group Life Assurance

Maternity Leave

Paternity Leave

Workplace Pension Scheme

Monthly Wellness Allowance

Company Bonus

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