Smartsheet

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

Smartsheet is an enterprise cloud work-management platform that helps organizations plan, capture, manage, automate, and report on work at scale. Founded in 2005, it serves more than 100,000 organizations and over 85% of Fortune 500 companies. It became privately held after Blackstone and Vista Equity Partners completed an approximately $8.4 billion acquisition in January 2025.

Primary product

Smartsheet intelligent enterprise work-management platform, including collaborative sheets, dashboards, reporting, automation, resource and portfolio management, digital asset management, integrations, secure request management, and AI-enabled workflows.

Founded

2005

Headquarters

Bellevue, Washington, USA

Team size

3,000+; 3,330 full-time employees as of January 31, 2024

Work style

Flexible

Industry

Software development / enterprise software

Sub-industry

Collaborative work management (CWM), project and portfolio management, SaaS

Offices

Bellevue, Washington, USA

Boston, Massachusetts, USA

San José, Costa Rica

Sydney, Australia

London, United Kingdom

Tokyo, Japan

Bangalore, India

Chicago, Illinois, USA

San Francisco, California, USA

Edinburgh, United Kingdom

Business model

B2B SaaS subscriptions

Product-led growth/self-service subscriptions

Enterprise sales and multi-year contracts

Professional services

Land-and-expand enterprise usage

Funding

Stage

Privately held / private-equity owned; formerly publicly traded

Total raised

$121.4M

Latest round

Take-private acquisition · Jan 2025

Latest amount

$8.4B

Take-private acquisition

Jan 2025 · Blackstone and Vista Equity Partners

$8.4B

Initial public offering

Apr 2018 · Public investors

$150M

Series F

May 2017 · Insight Partners

$52.1M

Early venture financing / cumulative funding through 2014

May 2014 · Sutter Hill Ventures

$70M

People & investors

Leadership

Rajeev Singh

Chief Executive Officer and Board Member

Pratima Arora

Chief Product and Technology Officer

Robson Grieve

Chief Marketing Officer

Toyan Espeut

Chief Customer Officer

Kelsi McDonald Harris

Chief Business Officer

Drew Garner

Chief AI Officer

Founders

Brent Frei

Founder; former CEO and current director historically

Investors

Blackstone

ESO Fund

Insight Partners

Madrona Venture Group

Summit Partners

Sutter Hill Ventures

Vista Equity Partners

Work & culture

The company describes its culture as supportive, respectful, diverse, impact-oriented, and focused on empowering human achievement. Engineering postings emphasize meaningful work, ownership, agile collaboration, architectural participation, mentorship, and practical use of AI. Current postings show a mix of remote-eligible, onsite, and hybrid roles.

Work style

Flexible

Compensation

Public job postings show location-based compensation and benefits, but do not provide a reliable company-wide salary range. Postings state that compensation depends on factors including geography, experience, and role; US roles require ongoing legal work authorization. Equity details are not consistently disclosed in the reviewed postings.

Benefits

Employer-subsidized medical, vision, and dental coverage

401(k) match of 50% of employee contribution up to the first 6% of eligible pay

Monthly work/productivity stipend

Flexible Time Away and sick time

Company-paid life and short- and long-term disability insurance

12 paid holidays in the US

Up to 24 weeks parental leave

Paid volunteer day

Udemy and professional-development opportunities

Counseling membership and other company-funded perks

Product & market

Pricing

Freemium/free trial and tiered paid SaaS subscriptions, with package-based offerings and enterprise pricing; enterprise capabilities include advanced controls, security, governance, integrations, and premium applications.

Differentiators

—Spreadsheet-like, familiar no-code interface combined with enterprise-grade work management
—Enterprise security, scalability, compliance, and governance
—Broad workflow coverage spanning project, portfolio, resource, marketing, IT, and services use cases
—Product-led adoption combined with enterprise field sales and partners
—Automation, dashboards, reporting, integrations, and AI-enabled experiences
—Land-expand-climb model that expands from a departmental use case into enterprise workflows
—Large installed base and deep Fortune 500 penetration

Technology

AWS/cloud infrastructure

Java

Kotlin

Python

TypeScript

JavaScript/Node.js

REST APIs

Distributed systems

AI/ML

Docker

Kubernetes

Terraform

GitHub Actions

GitLab CI/CD

MCP/server integrations

Customers

More than 100,000 organizations worldwide

Over 85% of Fortune 500 companies

Google

U.S. General Services Administration

Netflix

Office Depot

Groupon

Intercontinental Hotels Group

Pearson

Red Hat

McGraw Hill Education

Adobe

Microsoft

Federal/public-sector organizations

Construction, financial-services, education, marketing, IT, and services organizations

Competitors

Microsoft

Google

Airtable

Asana

Atlassian

ClickUp

monday.com

Wrike

Scale & contact

Estimated revenue

Approximately $950 million-$1.2 billion annual revenue; reported FY2024 revenue was $958.3 million and FY2025 guidance was $1.113-$1.118 billion. Post-take-private figures are less transparent.

Estimated monthly visits

17.7M

Signals & risks

Acquisition

Jan 2025

Blackstone and Vista Equity Partners completed an approximately $8.4 billion take-private acquisition; Smartsheet ceased trading on the NYSE and became privately held.

Source

Layoff

Oct 2025

Smartsheet confirmed layoffs shortly after longtime CEO Mark Mader's departure; reporting indicated more than 120 employees were affected.

Source

Layoff

Feb 2026

A second reported round of layoffs affected engineers, marketing, project management, and other staff; the company did not disclose the number, citing organizational changes to align resources with long-term priorities.

Source

Other

Oct 2025

Leadership transition: Rajeev Singh became CEO in October 2025 after Mark Mader retired; the transition coincided with restructuring and layoffs.

Source

Latest news

Smartsheet, Armoire and Microsoft make leadership changes

GeekWire · Mar 2026

Reports Rajeev Singh's CEO tenure and four C-suite changes: Robson Grieve, Toyan Espeut, Pratima Arora, and Kelsi McDonald Harris; also notes two layoff rounds.

Why engineers in Bulgaria are choosing Smartsheet

Smartsheet · Mar 2026

Highlights engineering work, ownership, global scale, and the Bulgaria team's technology and career proposition.

Smartsheet layoffs: Enterprise software giant cuts staff

GeekWire · Feb 2026

Reports a second recent layoff round affecting multiple functions, with no headcount disclosed.

Smartsheet cuts jobs shortly after departure of longtime CEO

GeekWire · Oct 2025

Reports more than 120 employees affected and places the cuts shortly after Mark Mader's retirement and the take-private transaction.

Blackstone and Vista Equity Partners Complete Acquisition of Smartsheet

Smartsheet · Jan 2025

Announces completion of the approximately $8.4 billion acquisition and Smartsheet's delisting from the NYSE.

Jobs and careers at Smartsheet

95 jobs at Smartsheet

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