Smartsheet - About the company
Smartsheet is an acquired company based in Bellevue (United States), founded in 2005 by Brent Frei and Eric Browne. It operates as a Cloud based suite solutions for enterprise project management. Smartsheet has raised $121M in funding from investors like Insight Partners, Madrona Venture Group and Sutter Hill Ventures. The company has 2064 active competitors, including 180 funded and 76 that have exited. Its top competitors include companies like Notion, Asana and monday.com.
Company Details
Cloud based suite solutions for enterprise collaboration. It is a web based platform that provides spreadsheet with collaborative file sharing and discussions, visual timeline management, and automated workflow capabilities. It is used to manage different types of work including projects, programs, and business operations. The platform enables users to track and visualize the work in real time. It automates tasks and workflows.
- Website
- smartsheet.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2005
Location
Bellevue, United States
Stage
Acquired
Total Funding
$121M in 10 rounds
Latest Funding Round
Investors
Ranked
3rd among 2064 active competitors
Annual Revenue
$958M as on Jan 31, 2024
Employee Count
2,594 as on Dec 31, 2023
Exit Details
Acquired by Blackstone (Sep 24, 2024)
Legal entities associated with Smartsheet
Smartsheet is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
Nov 30, 2021 | $958M (as on Jan 31, 2024) | - | - | |
Dec 26, 999 | - | 2594 (as on Dec 31, 2023) | - |
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Smartsheet's acquisition details
Smartsheet got acquired by Blackstone and Vista Equity Partners on Sep 24, 2024 at an acquisition amount of $8.4B. It was facilitated by Qatalyst Partners, Goldman Sachs, Morgan Stanley and 3 more.
Click here to take a look at Smartsheet's acquisition in detail
Smartsheet's funding and investors
Smartsheet has raised a total funding of $121M over 10 rounds. Its first funding round was on Jun 2006.
Smartsheet has 12 institutional investors including Insight Partners, Madrona Venture Group and Sutter Hill Ventures.
Here is the list of recent funding rounds of Smartsheet:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Sep 14, 2020 | $31M | Post IPO | 7291947 | 8311942 | - |
May 31, 2017 | $52.1M | Series F | 6941560 | 9600804 | |
May 05, 2014 | $35M | Series E | 1275300 | 9233143 |
View details of Smartsheet's funding rounds and investors
Smartsheet's founders and board of directors
Founder? Claim ProfileThe founders of Smartsheet are Brent Frei and Eric Browne.
Here are the details of Smartsheet's key team members:
- Brent Frei: Co-Founder of Smartsheet.
- Eric Browne: Former Co-Founder of Smartsheet.
View details of Smartsheet's Founder profiles and Board Members
Smartsheet's employee count trend
Smartsheet has 2,594 employees as of Dec 23. The total employee count is 3.0% lower than what it was in Dec 22. Here is Smartsheet's employee count trend over the years:Access Tracxn on any website
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Smartsheet's Competitors and alternates
Top competitors of Smartsheet include Notion, Asana and monday.com. Here is the list of Top 10 competitors of Smartsheet, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
---|---|---|---|---|---|
1st | Notion 2013, San Francisco (United States), Series D | Provider of cloud-based enterprise collaboration and project management software for enterprises | $353M | 85/100 | |
2nd | Asana 2008, San Francisco (United States), Public | Cloud-based platform offering project management software | $453M | 79/100 | |
3rd | Smartsheet 2005, Bellevue (United States), Acquired | Cloud based suite solutions for enterprise project management | $121M | 78/100 | |
4th | monday.com 2012, Tel Aviv (Israel), Public | Cloud-based platform offering suite solutions for project management | $235M | 76/100 | |
5th | Clickup 2016, Palo Alto (United States), Series C | Cloud based project management platform | $535M | 75/100 | |
6th | Airtable 2013, San Francisco (United States), Series F | Cloud and AI based low code workflow and app development platform | $1.35B | 75/100 | |
7th | Trello 2011, New York City (United States), Acquired | Cloud-based enterprise collaboration platform for project management | $10.3M | 74/100 | |
8th | BigTime 2002, Chicago (United States), Series C | Cloud based platform offering software for time tracking | $117M | 70/100 | |
9th | Anaplan 2006, San Francisco (United States), Acquired | Platform ofefring operational planning and forecasting solutions for businesses | $300M | 68/100 | |
10th | Upland 2010, Austin (United States), Acquired | Provider of cloud-based software solutions for various business functions | $31.4M | 67/100 |
Looking for more details on Smartsheet's competitors? Click here to see the top ones
Smartsheet's Investments and acquisitions
Smartsheet has not made any investments yet. Smartsheet has made 5 acquisitions. Here is the list of latest three $acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Sep 01, 2022 | Acquisition | 2013 | Brisbane, Australia | |
Aug 24, 2020 | Acquisition | 2012 | Denver, United States | |
Jan 15, 2019 | Acquisition | 2014 | Seattle, United States |
See all acquisitions by Smartsheet
Reports related to Smartsheet
Here is the latest report on Smartsheet's sector:
News related to Smartsheet
Media has covered Smartsheet for a total of 69 events in the last 1 year, 14 of them have been about company updates and 11 about people movement.
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Smartsheet & PwC UK Collaborate for Business TransformationBusiness Wire•Jun 03, 2025•Smartsheet, PwC
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Smartsheet Strengthens Leadership with Key Executive AppointmentsTecHR Series•Apr 16, 2025•Smartsheet, Atlassian
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Alteryx appoints Ben Canning to drive AI product strategyIT Brief UK•Apr 01, 2025•Alteryx, Microsoft, Smartsheet
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Allison Corley Named Chief Customer Officer at PagerDutyExecutiveBiz•Mar 12, 2025•PagerDuty, Smartsheet
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PagerDuty Appoints Allison Corley as Chief Customer OfficerBusiness Wire•Mar 11, 2025•PagerDuty, Smartsheet
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Smartsheet Work Management Platform Sells for $8.4 BillionPYMNTS.com•Jan 22, 2025•Smartsheet, Blackstone, Vista Equity Partners
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