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 comply with 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 efficiently manage their communication data, identify risks, and ensure compliance with evolving regulations, ultimately allowing them to focus on their core operations.

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

  • Integration with OpenAI enhances Smarsh's AI capabilities for compliance solutions.
  • Partnership with Verizon simplifies mobile compliance adoption for regulated industries.
  • New Costa Rica office boosts global support and operational efficiency.

What critics are saying

  • EU's AI Act increases compliance costs and operational complexity for Smarsh.
  • Expansion into Latin America may face geopolitical and regulatory challenges.
  • Generative AI integration could introduce biases and compliance risks.

What makes Smarsh unique

  • Smarsh offers cloud-native, context-aware archiving solutions for regulated industries.
  • Their platform supports compliance across emails, social media, and mobile messaging.
  • Smarsh serves 9 of the top 10 banks, showcasing its industry trust.

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Growth & Insights
Headcount

6 month growth

10%

1 year growth

11%

2 year growth

2%

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