Smartsheet Inc.
Headquarters
Bellevue, WAFounded
2005CEO / Founder
Mark MaderEmployees
1001-5000Funding
PublicStock
SMARProducts
1 product listedAvg. AI Score
7.9/10Website
smartsheet.com/
Profile updated
About Smartsheet Inc.
Smartsheet Inc. is a cloud-based work management platform headquartered in Bellevue, Washington. The company was founded in 2005 by Brent Frei and Mark Mader and went public on the New York Stock Exchange in April 2018 under the ticker symbol SMAR. Its platform is designed to help organizations plan, track, automate, and report on work across teams and departments.
The company's core product is the Smartsheet application, a SaaS platform that combines spreadsheet-style interfaces with project management, workflow automation, and reporting capabilities. It serves a broad range of use cases including project management, resource planning, and cross-departmental collaboration. Smartsheet counts a significant portion of Fortune 500 companies among its customers and competes with platforms such as Asana, Monday.com, and Microsoft Project.
Smartsheet completed its IPO in April 2018, raising approximately $150 million. The company has made several acquisitions to expand its capabilities, including Brandfolder, a digital asset management platform, acquired in 2020 for approximately $155 million. As of recent fiscal reporting, Smartsheet employs roughly 3,000 to 4,000 people and has reported annual recurring revenue exceeding $900 million. In 2024, Smartsheet agreed to be acquired by private equity firms Blackstone and Vista Equity Partners in a deal valued at approximately $8.4 billion.
Specialties
Financials
Dated, source-cited figures. Estimates are marked.
Products by Smartsheet Inc.
All products by Smartsheet Inc. reviewed by our AI panel of experts.
How Our Review Panel Scores Smartsheet Inc.
Six independent reviewer personalities assessed Smartsheet Inc.'s product on their own terms. They disagreed by 1.0 points — The Finance Lead was the hardest to convince, The Decision Maker the most positive.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Competitive Landscape
Who Smartsheet Inc. competes with, and how they differ.
Wrike, owned by Vista Equity Partners-backed Cloud Software Group since 2022 (acquired from Citrix), offers the closest feature match — Gantt charts, resource management and approval workflows for enterprise PMOs — built on a folder/task hierarchy rather than Smartsheet's spreadsheet-grid interface.
1 product reviewed on TopReviewed
monday.com (NASDAQ: MNDY) sells a board-first "Work OS" rather than Smartsheet's grid-first model, competing more on ease of adoption across non-technical teams than on Smartsheet's deeper PPM/reporting and enterprise-governance features.
1 product reviewed on TopReviewed
Asana (NYSE: ASAN) centers on task and goal tracking with a generous free tier for small teams, and lacks Smartsheet's native spreadsheet/Gantt depth and enterprise resource-management tooling.
Airtable frames itself as a no-code relational database/app builder rather than a project-management tool, competing with Smartsheet's grid interface for ad hoc data tracking but with less built-in PPM (Gantt, approvals, resource management) functionality.
1 product reviewed on TopReviewed
ClickUp, still privately held near a $4 billion valuation reached in 2021, undercuts Smartsheet on price with an aggressive free tier and bundles docs/chat/whiteboards, targeting SMB and mid-market buyers rather than Smartsheet's enterprise PMO contracts.
1 product reviewed on TopReviewed
Atlassian's Jira targets software-development issue tracking and agile sprints rather than cross-functional project portfolios, priced per active user/agent with deep ties to its own Confluence/Bitbucket ecosystem rather than Smartsheet's spreadsheet-native workflow automation.
2 products reviewed on TopReviewedCompany Timeline
Key milestones in Smartsheet Inc.'s history, with sources.
- Milestone
Rajeev Singh named CEO
Smartsheet named technology executive Rajeev Singh, formerly President & COO of Concur and CEO of Accolade, as Chief Executive Officer and a board member, succeeding acting CEO Sunny Gupta, who continues as Executive Chair.
smartsheet.com - Milestone
CEO Mark Mader retires after 19 years; Sunny Gupta named Executive Chair and Acting CEO
Mark Mader, CEO since 2006, announced his retirement effective end of September 2025. Apptio co-founder Sunny Gupta was named Executive Chair and Acting CEO while the board searched for a permanent successor.
geekwire.com - Acquisition
Take-private deal closed; delisted from NYSE
The $8.4 billion acquisition by Blackstone and Vista Equity Partners closed and Smartsheet was delisted from the New York Stock Exchange, becoming a private company for the first time since its 2018 IPO.
geekwire.com - Acquisition
Agreed to be taken private by Blackstone and Vista Equity Partners for $8.4B
Smartsheet entered a definitive agreement to be acquired by funds managed by Blackstone and Vista Equity Partners in an all-cash deal valued at approximately $8.4 billion, or $56.50 per share — a roughly 41% premium to its 90-day volume-weighted average price.
blackstone.com - Acquisition
Agreed to acquire Brandfolder for ~$155M, its largest deal to date
Smartsheet agreed to pay approximately $155 million in cash and stock for digital-asset-management vendor Brandfolder, its fourth and, at the time, largest acquisition.
geekwire.com - Acquisition
Acquired 10,000ft for resource management
Smartsheet acquired 10,000ft, a SaaS capacity-planning and resource-management platform founded in 2012, to strengthen its offering for marketing and professional-services customers.
smartsheet.com - Funding
IPO on NYSE — priced at $15/share, raised $150M
Smartsheet priced its IPO at $15 per share, above the upsized $12-$14 range, and closed its first day of trading up 30% at $19.50, giving the company a market cap of roughly $1.9 billion.
techcrunch.com - Founded
Founded in Bellevue, Washington
Smartsheet was founded in 2005. Mark Mader joined shortly after and became CEO in 2006, leading the company for the next 19 years.
smartsheet.com
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