Smartsheet

Smartsheet

Cloud-based work management and automation software

About Smartsheet

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

Industries

Enterprise Software

Education

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$121.2M

Headquarters

Bellevue, Washington

Founded

2005

Overview

Company Historically Provides H1B Sponsorship

Smartsheet provides work management and automation solutions through its cloud-based platform. Users can create, share, and manage workflows and projects, with the ability to customize their solutions to fit specific needs. The platform integrates with other popular applications, enhancing its functionality for businesses of all sizes. Unlike many competitors, Smartsheet offers a subscription-based model with various pricing tiers, making it accessible for both small businesses and large enterprises. The company's goal is to help organizations improve efficiency and productivity through effective collaboration and streamlined operations.

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Funded Recently
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Simplify's Take

What believers are saying

  • Growing demand for remote work solutions boosts Smartsheet's collaborative tools.
  • AI-driven project management tools align with Smartsheet's recent enhancements and partnerships.
  • The rise of low-code platforms encourages adoption of Smartsheet's customizable solutions.

What critics are saying

  • Increased competition from other SaaS platforms may erode Smartsheet's market share.
  • Strategic shifts post-acquisition by Blackstone and Vista could disrupt operations.
  • Rapid AI advancements require Smartsheet to continuously innovate to stay competitive.

What makes Smartsheet unique

  • Smartsheet offers a highly customizable platform for diverse business needs.
  • The platform integrates seamlessly with popular apps, enhancing its functionality.
  • Smartsheet provides extensive support and learning resources to maximize user value.

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Funding

Total Funding

$121.2M

Below

Industry Average

Funded Over

10 Rounds

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

Benefits

Health and wellness benefits - From sick days to mental health services, we support you. We provide company-sponsored comprehensive healthcare coverage and well-being benefit programs so you can take care of your whole self.

Time away - We want you to find time for what matters to you. We offer a variety of programs so you can recharge and reconnect, including paid time off for company holidays, vacation, volunteering, military leave, and parental bonding.

An investment in your future - We help you plan for the dreams you’re working toward. We offer every employee competitive pay, retirement contributions, stock awards, and an employee stock purchase program.

Perks and discounts - It's the details that make life easier. From discount programs and an allowance for work-related expenses, to medical concierge (U.S. only) and caregiver services, we help set you up for success both at work and outside of it.

An inclusive environment - We strive to foster a culture of belonging that is rooted in respect for all people. We believe that by celebrating diversity of voices and experiences, and by creating equitable opportunities for our team, customers, and communities, we enable people to do and be their best.

Continuous learning - We know that when you’re growing, so are we. That's why we provide opportunities to develop on the job through internal mobility, virtual learning, and a variety of development programs.

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 3%

2 year growth

↑ 0%
Smartsheet
Feb 1st, 2025
File library improvements

Smartsheet is testing a set of quick actions that will appear while hovering on an item in file library, encouraging users to take action on files directly from the library thumbnail page.

Business Wire
Jan 23rd, 2025
Blackstone and Vista Equity Partners Complete Acquisition of Smartsheet

Smartsheet, the AI enhanced enterprise grade work management platform, today announced the completion of its acquisition by funds managed by Blackston

ETF Daily News
Jan 16th, 2025
Claro Advisors LLC Invests $266,000 in Smartsheet Inc (NYSE:SMAR)

Claro Advisors LLC invests $266,000 in Smartsheet Inc (NYSE:SMAR).

West Timelines
Jan 14th, 2025
rewrite this title Smartsheet and Zillow add VPs; Zenoti hires CFO; Meta taps product leader

- Zillow Group hired Zuhairah Washington as senior vice president of market operations and Flex general manager.

Morningstar
Jan 10th, 2025
Smartsheet Appoints Jim Hahn as Vice President of Corporate Communications

Smartsheet (NYSE:SMAR), the AI-enhanced enterprise-grade work management platform, today announced Jim Hahn has joined the company as Vice President of Corporate Communications.

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