Smartsheet

Smartsheet

Cloud-based work management and automation software

About

Smartsheet provides work management and automation solutions through its cloud-based platform, which helps businesses streamline operations, manage projects, and enhance collaboration. Users can create, share, and manage workflows that are customizable to fit their specific needs. The platform integrates with other popular applications, making it a versatile tool for various industries, including technology, healthcare, finance, and education. Unlike many competitors, Smartsheet offers a subscription-based model with multiple pricing tiers, catering to a wide range of clients from small businesses to large enterprises. The company's goal is to improve efficiency and productivity for its users, supported by extensive learning resources and professional services.

Company Stage

IPO

Employees

1,001-5,000

Industries

Enterprise Software, Education

Total Funding

$121.2M

Headquarters

Bellevue, Washington

Founded

2005


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Simplify's Take

What believers are saying

  • Smartsheet is recognized as a leader in collaborative work management by Gartner.
  • Partnerships with AWS enhance Smartsheet's AI capabilities for strategic decision-making.
  • The trend towards digital transformation boosts demand for Smartsheet's scalable solutions.

What critics are saying

  • Increased competition from Atlassian may impact Smartsheet's market share.
  • Going private with Vista Equity Partners may lead to strategic shifts affecting operations.
  • New subscription model could lead to customer dissatisfaction if not managed well.

What makes Smartsheet unique

  • Smartsheet offers a highly customizable platform for diverse business needs.
  • The platform integrates seamlessly with popular apps, enhancing its versatility.
  • Smartsheet's cloud-based solutions support remote and hybrid work environments effectively.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

13%

2 year growth

20%

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.

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