Smartsheet Analysis: $125M Raised
What is Smartsheet?
Smartsheet is a platform that enables organizations to manage projects, automate workflows, and build scalable solutions using AI-driven features for enhanced productivity.
Employees
2851
Founded
2005
Industry
B2b Saas
Parent Company
Blackstone Inc. and Vista Equity Partners
Latest Funding Round
M&A
Latest Funding Round Size
Post-IPO Debt
Parent Company Website
Public Company Status
Private
Use Clay
No
Product Features & Capabilities
- AI-driven project management tools for real-time collaboration
- Workflow automation features to reduce manual tasks
- Resource management capabilities for optimal team allocation
- Portfolio management solutions for strategic oversight
- Integrations with popular applications to enhance functionality.
Use Cases
Manage complex projects with real-time collaboration tools; Automate repetitive tasks to improve efficiency; Track project portfolios for better decision-making; Streamline marketing campaigns for faster execution; Enhance resource allocation for improved productivity.
How much Smartsheet raised
Early Stage - $4 million
2006Early Stage - $8.2 million
2012Early Stage - $26 million
December 2012Early Stage - $35 million
May 2014Series F - $52.1 million
May 24, 2017Lead Investor: Insight Partners and others
Other Considerations
Recognized as a Leader in the 2024 Gartner Magic Quadrant; Serves a diverse range of industries including government and healthcare; Offers professional services for implementation and training.
Recent Venture Round Amount
The most recent venture funding round for the company is on September 24, 2024, but the amount raised is obfuscated. Therefore, I cannot provide a specific amount.
Sales Tech Stack
Smartsheet utilizes a variety of sales technology tools, including Salesforce for customer relationship management, HubSpot for marketing and sales processes, and 6sense for marketing and sales intelligence. Additionally, they employ Workiva for enterprise governance, risk, and compliance, and integrate with tools like Jira and ServiceNow to enhance their sales operations.
Find more companies like Smartsheet
Financial Overview
$125MTotal Raised
Early Stage$4 million
2006
Early Stage$8.2 million
2012
Early Stage$26 million
December 2012
Early Stage$35 million
May 2014
Series F$52.1 million
May 24, 2017
Investors: Insight Partners and others
Post-IPO Debt
September 24, 2024
Investors: 20 investors including Benefit Street Partners, Teachers’ Venture Growth, Elliott Investment Management, and others.
Private Equity Round
September 24, 2024
Investors: Blackstone Group.
Post-IPO Equity
September 29, 2020
Investors: None listed.
