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From Wikipedia, the free encyclopedia

Smartsheet.com, Inc.

[edit]

Smartsheet.com, Inc. is a private company that develops and markets the Smartsheet application. As of 20178, it has about 550 more than 760 employees[1][2] and is headquartered in Bellevue, Washington[3] The company was founded in the summer of 2006, 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.[2] That same year, Smartsheet acquired Converse.AI, a Scotland-based company that develops software for creating business automation bots.[11] It also hosted its first user conference, Engage.[12]

References

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  1. "Smartsheet acquires Converse.AI to Accelerate Natural Language User Experiences and Conversational Workflow Automation". Smartsheet. January 16, 2018. Retrieved January 24, 2018.
  2. 1 2 "Work management startup Smartsheet raises $52.1 million, claims a $852 valuation". VentureBeat. May 24, 2017. Retrieved June 1, 2017.
  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. 1 2 Strauss, Karsten (March 12, 2013). "Former Microsoft Analyst Wants To Disrupt MS Excel, Project". Forbes. Retrieved September 11, 2015.
  5. 1 2 Cite error: The named reference one was invoked but never defined (see the help page).
  6. Hack, Greg (April 2, 2015). "Arena designer Populous also manages events inside". The Kansas City Star. Retrieved September 13, 2015.
  7. 1 2 Romano, Benjamin (May 5, 2014). "Smartsheet Wins Big Customers, $35M From Sutter Hill Ventures". Xconomy. Retrieved September 11, 2015.
  8. 1 2 "Smartsheet Grabs $26M After 'De-Enterprising' its Collaboration Software". Venturewire. 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. Frank, Blair Hanley (January 16, 2018). "Smartsheet acquires business automation chatbot startup Converse.AI". VentureBeat. Retrieved January 24, 2018.
  12. Finnegan, Matthew (November 30, 2017). "What is Smartsheet? A spreadsheet-based project management tool". Computerworld. Retrieved January 24, 2018.