Smartsheet Inc.

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For the software application, see Smartsheet.
Smartsheet Inc.
FormerlyNavigo Technologies, Inc. (2005–2006)
Smartsheet.com, Inc.
(2006–2017)
TypePublic company
  • NYSE: SMAR (Class A)
  • Russell 1000 component
Founded2005; 16 years ago (2005)
Founders
  • Mark Mader
  • Brent Frei
HeadquartersBellevue, Washington, U.S.
RevenueIncrease$385.5 Million(2021)[1]
Number of employees
2,070 (April 30, 2021)
Websitesmartsheet.com

Smartsheet Inc. is an American publicly-listed company that develops and markets the Smartsheet application. As of 2019, it had 1,588 employees[2] and is headquartered in Bellevue, Washington[3] The company was founded in the summer of 2005, shortly after co-founder Brent Frei sold his prior company, Onyx Software.[4][5][6] Initially it was funded mostly by Frei.[4] About a year after its founding, Smartsheet had raised $4 million in funding and had just nine employees.[5] By early 2012 it had raised $8.2 million in funding over three rounds and hired its first salesperson.[7][8]

After the Smartsheet software was redesigned in 2010, the company's revenues grew by more than 100 percent each year, for four consecutive years.[9] It raised $26 million in funding in December 2012[10][8] and another $35 million in May 2014.[7] In 2017, the company raised an additional $52.1 million in funding.[11] In 2018, it was announced that Smartsheet acquired Converse.AI, a Scotland-based company that develops software for creating business automation bots.[12]

The company began trading on the New York Stock Exchange on April 27, 2018.[13] In May 2019, Smartsheet announced it had acquired 10,000 ft, a SaaS platform that provides real-time resource and capacity planning.[14]

Executive Team[]

  • Mark P. Mader - President, CEO & Director
  • Michael J. Arntz - Chief Revenue Officer & Exec. VP of Worldwide Field Operations
  • Megan Hansen - Chief People and Culture Officer
  • Pete Godbole - Chief Financial Officer
  • Paul T. Porrini - Chief Legal Officer & Secretary
  • Anna Griffin - Chief Marketing Officer
  • Gene Farrell - Chief Product Officer
  • Praerit Garg - Chief Technology Officer


Source:[15]

References[]

  1. ^ "Smartsheet Inc. Announces Fourth Quarter and Full Fiscal Year 2021 Results".
  2. ^ "Smartsheet acquires Converse.AI". Smartsheet (Press release). 16 January 2018.
  3. ^ Martin, Dylan (January 19, 2017). "A Seattle Tech Company Is Expanding to Boston With Plans to Hire 140". BostInno. Retrieved March 2, 2017.
  4. ^ a b Strauss, Karsten (March 12, 2013). "Former Microsoft Analyst Wants To Disrupt MS Excel, Project". Forbes. Retrieved September 11, 2015.
  5. ^ a b Cook, John (June 14, 2007). "Bellevue startup gets $2.69 million financing deal". seattlepi. Hearst Seattle Media. Retrieved September 11, 2015.
  6. ^ Hack, Greg (April 2, 2015). "Arena designer Populous also manages events inside". The Kansas City Star. Retrieved September 13, 2015.
  7. ^ a b Romano, Benjamin (May 5, 2014). "Smartsheet Wins Big Customers, $35M From Sutter Hill Ventures". Xconomy. Retrieved September 11, 2015.
  8. ^ a b "Smartsheet Grabs $26M After 'De-Enterprising' its Collaboration Software". WSJ. December 3, 2012. Retrieved September 11, 2015.
  9. ^ "100 Best Companies to Work For 2014: Midsize Companies – Washington and Puget Sound Business News Source". Seattle Business Magazine. July 2014. Retrieved September 11, 2015.
  10. ^ Grant, Rebecca (December 3, 2012). "Smartsheet gets $26M to keep enterprise workflow under control". VentureBeat. Retrieved September 11, 2015.
  11. ^ "Work management startup Smartsheet raises $52.1 million, claims a $852 valuation". VentureBeat. May 24, 2017. Retrieved June 1, 2017.
  12. ^ "Smartsheet acquires business automation chatbot startup Converse.AI | VentureBeat". venturebeat.com. 16 January 2018.
  13. ^ Novet, Jordan (27 April 2018). "Software company Smartsheet spikes in IPO". CNBC. Retrieved 27 April 2018.
  14. ^ "Bellevue's Smartsheet Acquires Seattle Tech Company 10,000ft". Seattle Business Magazine. 2019-05-02. Retrieved 2019-09-10.
  15. ^ "Smartsheet Inc. (SMAR)". Yahoo! Finance. Retrieved 25 May 2020.

External links[]

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