Smarsh

Smarsh

Archiving and compliance solutions for regulated industries

About Smarsh

Simplify's Rating
Why Smarsh is rated
B-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

Financial Services

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$258.6M

Headquarters

Portland, Oregon

Founded

2001

Overview

Smarsh provides archiving and compliance solutions specifically designed for financial services, government agencies, and other regulated industries. Their main product is a cloud-based archive 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 scalable Software-as-a-Service (SaaS) model that caters to both large enterprises and smaller organizations, ensuring that clients can adapt to evolving regulations. Their goal is to help organizations efficiently manage their communication data, identify risks, and maintain compliance, particularly with tools like Connected Capture for Microsoft Teams that support remote workforces.

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Simplify's Take

What believers are saying

  • Smarsh's acquisition of CallCabinet expands its offerings into the voice market.
  • The new Costa Rica office enhances global support with local talent and language expertise.
  • Partnership with Verizon simplifies mobile compliance adoption for regulated industries.

What critics are saying

  • Integration with OpenAI's API may expose Smarsh to generative AI compliance risks.
  • CallCabinet acquisition could lead to operational disruptions and cultural clashes.
  • Costa Rica expansion may face geopolitical risks affecting operations and profitability.

What makes Smarsh unique

  • Smarsh offers a cloud-native, context-aware archive for secure data management.
  • The company serves 9 of the top 10 banks with compliance solutions.
  • Smarsh's Connected Capture integrates with Microsoft Teams for remote workforce support.

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Funding

Total Funding

$258.6M

Above

Industry Average

Funded Over

2 Rounds

Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

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

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

0%
Business Wire
Mar 20th, 2025
Smarsh Named a 2025 USA TODAY Top Workplace Recognizing Global Innovation & Employee Excellence

Smarsh named a 2025 USA TODAY Top workplace recognizing global innovation & employee excellence.

Government Technology
Mar 19th, 2025
Smarsh Launches Public-Sector Unit for Records Management

Smarsh launches public-sector unit for records management.

Business Wire
Feb 5th, 2025
Smarsh Acquires CallCabinet for Major Expansion, Bringing Leading-Edge Technology to the Voice Market

Smarsh®, the global leader in communications data and intelligence, today announced that it has acquired CallCabinet, a pioneer in cloud-native compli

Smarsh
Oct 24th, 2024
Smarsh Is A Category Leader in Communication Surveillance Solutions

For the second year, Smarsh Inc. has been named a Category Leader in the Chartis RiskTech Communication Surveillance Quadrant.

PR Newswire
Aug 28th, 2024
Smarsh Continues Global Expansion With Entry Into Latam

New office in Costa Rica's Ultra Park technology hub will enhance support for global customersPORTLAND, Ore., Aug. 28, 2024 /PRNewswire/ -- Smarsh®, the global leader in digital communications data and intelligence, today announced it has continued its global expansion with the opening of a Costa Rica office, its sixth Center of Excellence.The new office, located in the prominent Ultra Park technology hub in Heredia, enables Smarsh to unlock access to local talent that will better support its global customers, including 19 of the top 20 global financial institutions. Selected for its highly skilled technology talent and proximity to other global companies like Amazon, Intel and Microsoft, the Costa Rica Center of Excellence is strategically important for the company to scale functions requiring advanced technical training."The establishment of our Costa Rica office marks a pivotal step in our strategy for sustained growth and global presence," said Smarsh CEO Kim Crawford Goodman. "By tapping into the vibrant ecosystem Costa Rica offers, we are positioning ourselves to enhance our operational capabilities and service offerings, ensuring we remain at the forefront of our industry. This move is about laying the groundwork for the future – where Smarsh leads the way in transforming how businesses use their communications data to protect the truth and prevent risk."Smarsh, which has offices in the U.S. as well as in EMEA and APAC, views Costa Rica as crucial to its operational execution and delivery due to:Strong local talent with more than 45,000 technology specialists and engineers known for their innovation and high-quality work.Time zone advantages that will help Smarsh's global support team provide around-the-clock service to its customers.Spanish and Portuguese language expertise that will ensure Smarsh's global support team continues to offer on-location, multi-language customer service."The opening of our Costa Rica office is not just a testament to Smarsh's commitment to global expansion, but a pledge to our customers around the world," said Smarsh Chief Customer Officer Rohit Khanna

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