Jump to content

Smartsheet Inc.: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
Updated employee count
mNo edit summary
 
Line 20: Line 20:
| footnotes = Financials {{asof|2023|1|31|lc=y|df=US}}<ref>{{Cite web|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1366561/000136656123000030/smar-20230131.htm|title=Smartsheet Inc. Form 10-K for the fiscal year ended January 31, 2023 |date=March 22, 2023 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
| footnotes = Financials {{asof|2023|1|31|lc=y|df=US}}<ref>{{Cite web|url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1366561/000136656123000030/smar-20230131.htm|title=Smartsheet Inc. Form 10-K for the fiscal year ended January 31, 2023 |date=March 22, 2023 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
}}
}}
'''Smartsheet Inc.''' is an American publicly listed company that develops and markets the [[Smartsheet]] application. As of 2023, it had over 3,000 employees, and is headquartered in [[Bellevue, Washington]]<ref name="Martin 2017">{{cite web | last=Martin | first=Dylan | title=A Seattle Tech Company Is Expanding to Boston With Plans to Hire 140 | website=BostInno | date=January 19, 2017 | url=http://bostinno.streetwise.co/2017/01/19/smartsheet-opening-boston-office-hiring-140-by-2018/ | accessdate=March 2, 2017}}</ref> The company was founded in the summer of 2005, shortly after co-founder Brent Frei sold his prior company, Onyx Software.<ref name="two">{{cite web | last=Strauss | first=Karsten | title=Former Microsoft Analyst Wants To Disrupt MS Excel, Project | website=Forbes | date=March 12, 2013 | url=https://www.forbes.com/sites/karstenstrauss/2013/03/12/former-microsoft-analyst-wants-to-replace-ms-excel-project/ | accessdate=September 11, 2015}}</ref><ref name="one">{{cite web | last=Cook | first=John | title=Bellevue startup gets $2.69 million financing deal | website=seattlepi | publisher=Hearst Seattle Media | date=June 14, 2007 | url=http://www.seattlepi.com/news/article/Bellevue-startup-gets-2-69-million-financing-deal-1240729.php | accessdate=September 11, 2015}}</ref><ref name="Star 2015">{{cite news | last=Hack | first=Greg | title=Arena designer Populous also manages events inside | newspaper=The Kansas City Star | date=April 2, 2015 | url=http://www.kansascity.com/news/business/article17253335.html | accessdate=September 13, 2015}}</ref> Initially it was funded mostly by Frei.<ref name="two" /> About a year after its founding, Smartsheet had raised $4 million in funding and had just nine employees.<ref name="one" /> By early 2012 it had raised $8.2 million in funding over three rounds and hired its first salesperson.<ref name="three" /><ref name="fifteen" />
'''Smartsheet Inc.''' is an American publicly listed company that develops and markets the [[Smartsheet]] application. As of 2023, it had over 3,000 employees, and is headquartered in [[Bellevue, Washington]].<ref name="Martin 2017">{{cite web | last=Martin | first=Dylan | title=A Seattle Tech Company Is Expanding to Boston With Plans to Hire 140 | website=BostInno | date=January 19, 2017 | url=http://bostinno.streetwise.co/2017/01/19/smartsheet-opening-boston-office-hiring-140-by-2018/ | accessdate=March 2, 2017}}</ref> The company was founded in the summer of 2005, shortly after co-founder Brent Frei sold his prior company, Onyx Software.<ref name="two">{{cite web | last=Strauss | first=Karsten | title=Former Microsoft Analyst Wants To Disrupt MS Excel, Project | website=Forbes | date=March 12, 2013 | url=https://www.forbes.com/sites/karstenstrauss/2013/03/12/former-microsoft-analyst-wants-to-replace-ms-excel-project/ | accessdate=September 11, 2015}}</ref><ref name="one">{{cite web | last=Cook | first=John | title=Bellevue startup gets $2.69 million financing deal | website=seattlepi | publisher=Hearst Seattle Media | date=June 14, 2007 | url=http://www.seattlepi.com/news/article/Bellevue-startup-gets-2-69-million-financing-deal-1240729.php | accessdate=September 11, 2015}}</ref><ref name="Star 2015">{{cite news | last=Hack | first=Greg | title=Arena designer Populous also manages events inside | newspaper=The Kansas City Star | date=April 2, 2015 | url=http://www.kansascity.com/news/business/article17253335.html | accessdate=September 13, 2015}}</ref> Initially it was funded mostly by Frei.<ref name="two" /> About a year after its founding, Smartsheet had raised $4 million in funding and had just nine employees.<ref name="one" /> By early 2012 it had raised $8.2 million in funding over three rounds and hired its first salesperson.<ref name="three" /><ref name="fifteen" />


After the Smartsheet software was redesigned in 2010, the company's revenues grew by more than 100 percent each year, for four consecutive years.<ref name="Seattle Business Magazine">{{cite web | title=100 Best Companies to Work For 2014: Midsize Companies – Washington and Puget Sound Business News Source | website=Seattle Business Magazine | url=http://seattlebusinessmag.com//article/100-best-companies-work-2014-midsize-companies | accessdate=September 11, 2015|date=July 2014}}</ref> It raised $26 million in funding in December 2012<ref name="Grant 2012">{{cite web | last=Grant | first=Rebecca | title=Smartsheet gets $26M to keep enterprise workflow under control | website=VentureBeat | date=December 3, 2012 | url=https://venturebeat.com/2012/12/03/smartsheet-gets-26m-to-keep-enterprise-workflow-under-control/ | accessdate=September 11, 2015}}</ref><ref name="fifteen">{{cite web|url=https://www.wsj.com/articles/DJFVW00020121203e8c3ar70h|title=Smartsheet Grabs $26M After 'De-Enterprising' its Collaboration Software|last=|first=|date=December 3, 2012|website=WSJ|url-access=subscription|archive-url=|archive-date=|accessdate=September 11, 2015}}</ref> and another $35 million in May 2014.<ref name="three">{{cite web | last=Romano | first=Benjamin | title=Smartsheet Wins Big Customers, $35M From Sutter Hill Ventures | website=Xconomy | date=May 5, 2014 | url=http://www.xconomy.com/seattle/2014/05/05/smartsheet-wins-big-customers-35m-from-sutter-hill-ventures/ | accessdate=September 11, 2015}}</ref> In 2017, the company raised an additional $52.1 million in funding.<ref name="VentureBeat 2017">{{cite web | title=Work management startup Smartsheet raises $52.1 million, claims a $852 valuation | website=VentureBeat | date=May 24, 2017 | url=https://venturebeat.com/2017/05/24/work-management-startup-smartsheet-raises-52-1-million-claims-a-852-valuation/ | access-date=June 1, 2017}}</ref> In 2018, it was announced that Smartsheet acquired Converse.AI, a Scotland-based company that develops software for creating business automation bots.<ref>{{cite web|title=Smartsheet acquires business automation chatbot startup Converse.AI {{!}} VentureBeat|url=https://venturebeat.com/2018/01/16/smartsheet-acquires-business-automation-chatbot-startup-converse-ai/|website=venturebeat.com|date=16 January 2018}}</ref>
After the Smartsheet software was redesigned in 2010, the company's revenues grew by more than 100 percent each year, for four consecutive years.<ref name="Seattle Business Magazine">{{cite web | title=100 Best Companies to Work For 2014: Midsize Companies – Washington and Puget Sound Business News Source | website=Seattle Business Magazine | url=http://seattlebusinessmag.com//article/100-best-companies-work-2014-midsize-companies | accessdate=September 11, 2015|date=July 2014}}</ref> It raised $26 million in funding in December 2012<ref name="Grant 2012">{{cite web | last=Grant | first=Rebecca | title=Smartsheet gets $26M to keep enterprise workflow under control | website=VentureBeat | date=December 3, 2012 | url=https://venturebeat.com/2012/12/03/smartsheet-gets-26m-to-keep-enterprise-workflow-under-control/ | accessdate=September 11, 2015}}</ref><ref name="fifteen">{{cite web|url=https://www.wsj.com/articles/DJFVW00020121203e8c3ar70h|title=Smartsheet Grabs $26M After 'De-Enterprising' its Collaboration Software|last=|first=|date=December 3, 2012|website=WSJ|url-access=subscription|archive-url=|archive-date=|accessdate=September 11, 2015}}</ref> and another $35 million in May 2014.<ref name="three">{{cite web | last=Romano | first=Benjamin | title=Smartsheet Wins Big Customers, $35M From Sutter Hill Ventures | website=Xconomy | date=May 5, 2014 | url=http://www.xconomy.com/seattle/2014/05/05/smartsheet-wins-big-customers-35m-from-sutter-hill-ventures/ | accessdate=September 11, 2015}}</ref> In 2017, the company raised an additional $52.1 million in funding.<ref name="VentureBeat 2017">{{cite web | title=Work management startup Smartsheet raises $52.1 million, claims a $852 valuation | website=VentureBeat | date=May 24, 2017 | url=https://venturebeat.com/2017/05/24/work-management-startup-smartsheet-raises-52-1-million-claims-a-852-valuation/ | access-date=June 1, 2017}}</ref> In 2018, it was announced that Smartsheet acquired Converse.AI, a Scotland-based company that develops software for creating business automation bots.<ref>{{cite web|title=Smartsheet acquires business automation chatbot startup Converse.AI {{!}} VentureBeat|url=https://venturebeat.com/2018/01/16/smartsheet-acquires-business-automation-chatbot-startup-converse-ai/|website=venturebeat.com|date=16 January 2018}}</ref>

Latest revision as of 12:19, 2 July 2024

Smartsheet Inc.
Formerly
  • Navigo Technologies, Inc. (2005–2006)
  • Smartsheet.com, Inc.
    (2006–2017)
Company typePublic company
Founded2005; 19 years ago (2005)
Founders
  • Maria Colacurcio
  • Brent Frei
  • Eric Brown
HeadquartersBellevue, Washington, U.S.
ProductsSmartsheet
RevenueIncrease US$767 million (2023)
Decrease US$−222 million (2023)
Decrease US$−216 million (2023)
Total assetsIncrease US$1.11 billion (2023)
Total equityDecrease US$486 million (2023)
Number of employees
3,191 (2023)
Websitesmartsheet.com
Footnotes / references
Financials as of January 31, 2023[1]

Smartsheet Inc. is an American publicly listed company that develops and markets the Smartsheet application. As of 2023, it had over 3,000 employees, and is headquartered in Bellevue, Washington.[2] The company was founded in the summer of 2005, shortly after co-founder Brent Frei sold his prior company, Onyx Software.[3][4][5] Initially it was funded mostly by Frei.[3] About a year after its founding, Smartsheet had raised $4 million in funding and had just nine employees.[4] By early 2012 it had raised $8.2 million in funding over three rounds and hired its first salesperson.[6][7]

After the Smartsheet software was redesigned in 2010, the company's revenues grew by more than 100 percent each year, for four consecutive years.[8] It raised $26 million in funding in December 2012[9][7] and another $35 million in May 2014.[6] In 2017, the company raised an additional $52.1 million in funding.[10] In 2018, it was announced that Smartsheet acquired Converse.AI, a Scotland-based company that develops software for creating business automation bots.[11]

The company began trading on the New York Stock Exchange on April 27, 2018.[12] In May 2019, Smartsheet announced it had acquired 10,000 ft, a SaaS platform that provides real-time resource and capacity planning.[13]

Executive Team

[edit]
  • Mark P. Mader - President, CEO & Director
  • Michael J. Arntz - Chief Revenue Officer
  • Pete Godbole - Chief Financial Officer
  • Jolene Marshall - Chief Legal Officer
  • Andrew Bennett - Chief Marketing Officer
  • Praerit Garg - Chief Product Officer and EVP of Engineering
  • Stephen Branstetter - Chief Operating Officer

[14]

References

[edit]
  1. ^ "Smartsheet Inc. Form 10-K for the fiscal year ended January 31, 2023". U.S. Securities and Exchange Commission. March 22, 2023.
  2. ^ Martin, Dylan (January 19, 2017). "A Seattle Tech Company Is Expanding to Boston With Plans to Hire 140". BostInno. Retrieved March 2, 2017.
  3. ^ a b Strauss, Karsten (March 12, 2013). "Former Microsoft Analyst Wants To Disrupt MS Excel, Project". Forbes. Retrieved September 11, 2015.
  4. ^ a b Cook, John (June 14, 2007). "Bellevue startup gets $2.69 million financing deal". seattlepi. Hearst Seattle Media. Retrieved September 11, 2015.
  5. ^ Hack, Greg (April 2, 2015). "Arena designer Populous also manages events inside". The Kansas City Star. Retrieved September 13, 2015.
  6. ^ a b Romano, Benjamin (May 5, 2014). "Smartsheet Wins Big Customers, $35M From Sutter Hill Ventures". Xconomy. Retrieved September 11, 2015.
  7. ^ a b "Smartsheet Grabs $26M After 'De-Enterprising' its Collaboration Software". WSJ. December 3, 2012. Retrieved September 11, 2015.
  8. ^ "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.
  9. ^ Grant, Rebecca (December 3, 2012). "Smartsheet gets $26M to keep enterprise workflow under control". VentureBeat. Retrieved September 11, 2015.
  10. ^ "Work management startup Smartsheet raises $52.1 million, claims a $852 valuation". VentureBeat. May 24, 2017. Retrieved June 1, 2017.
  11. ^ "Smartsheet acquires business automation chatbot startup Converse.AI | VentureBeat". venturebeat.com. 16 January 2018.
  12. ^ Novet, Jordan (27 April 2018). "Software company Smartsheet spikes in IPO". CNBC. Retrieved 27 April 2018.
  13. ^ "Bellevue's Smartsheet Acquires Seattle Tech Company 10,000ft". Seattle Business Magazine. 2019-05-02. Retrieved 2019-09-10.
  14. ^ "Leadership | Smartsheet".
[edit]
  • Official website
  • Business data for Smartsheet Inc.: