Smartsheet

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Smartsheet Inc.

logo
legal form Corporation
ISIN US83200N1037
founding 2005
Seat Bellevue, Washington, United States
management Mark Mader ( CEO )
Number of employees 1,588 (2019)
sales 270.1 million USD (2019)
Branch Project management software
Website de.smartsheet.com
As of January 31, 2020

Smartsheet logo

Smartsheet Inc. is a US company based in Bellevue, Washington . Smartsheet Inc. has been listed on the New York Stock Exchange since April 2018. SmartSheet Inc. is the owner and developer of the platform SmartSheet, a software for project management , and posted 2019 sales of 270 million USD .

history

The company was founded in 2005 u. a. founded by Brent Frei. Free his own business selling before the founding of Onyx Software Corp . Then, a year later, Smartsheet Inc. raised its first $ 4 million. At the time, the company only had nine employees.

After Smartsheet Inc. repainted the software, sales grew nearly 100% for four consecutive years. Then in December 2012, Smartsheet Inc. raised an additional $ 26 million in the fourth round of funding. This was followed by the next funding in 2014. This time for $ 35 million. Just three years later, Smartsheet Inc. raised more than $ 52 million. In 2018, Smartsheet Inc. bought the Scottish company Converse.Al, which develops software for the automation of work processes.

initial public offering

On April 27, 2018 , Smartsheet Inc. went public on the New York Stock Exchange (NYSE: "SMAR") with a starting value of $ 18.40 . Today the stock is priced at $ 44.54. (As of June 6, 2020)

Companies

management

  • Mark Mader, CEO & Chairman
  • Brent Frei, Founder & Chairman
  • Jennifer Ceran, CFO
  • Michael Arntz, Chief Revenue Officer
  • Praerit Garg, CTO

Business figures

In 2019 , the company had sales of $ 178 million . This corresponds to an increase of more than 50% compared to the previous fiscal year with sales of USD 111 million .

Business figures in millions of US dollars
year sales Profit Total assets Employee
2018 111 −54 117 1101
2019 178 −54 309 1588

Web links

Individual evidence

  1. ↑ a b c d Smartsheet: About Smartsheet. Smartsheet Inc., accessed June 6, 2020 .
  2. ↑ a b c Smartsheet Inc. (SMAR). Yahoo Finance, June 6, 2020, accessed June 6, 2020 .
  3. ↑ a b c Smartsheet Inc .: Smartsheet GB 2019. In: https://investors.smartsheet.com/financials-and-filings/financial-reports/default.aspx . Smartsheet Inc., March 31, 2020, accessed June 6, 2020 .
  4. ↑ Smart Sheet: Smart Sheet - Board of Directors. Smartsheet Inc., accessed June 6, 2020 .
  5. ^ John Cook: Bellevue startup gets $ 2.69 million financing deal. SeattlePi, June 14, 2007, accessed June 6, 2020 .
  6. ↑ Nick Horton: 100 Best Companies to Work For 2014: Midsize Companies. Seattle Business, July 2014, accessed June 6, 2020 .
  7. ↑ Rebecca Grant: SmartSheet gets $ 26M to keep enterprise workflow under control. venturebeat.com, December 3, 2012, accessed June 6, 2020 .
  8. ↑ Scott Denne: Smartsheet Grabs $ 26M After 'De-Enterprising' its Collaboration Software. WSJ, December 3, 2012, accessed on June 6, 2020 (English, for a fee).
  9. ↑ Benjamin Romano: SmartSheet Wins Big Customers, $ 35M From Sutter Hill Ventures. Xconomy, May 5, 2014, accessed June 6, 2020 .
  10. ↑ Bérénice Magistretti: Work management startup Smartsheet raises $ 52.1 million, claims a $ 852 valuation. venturebeat.com, May 24, 2017, accessed June 6, 2020 .
  11. ↑ Blair Hanley Frank: SmartSheet acquires business automation chatbot startup Converse.AI. venturebeat.com, January 16, 2018, accessed June 6, 2020 .
  12. ↑ Jordan Novet: Software company SmartSheet spikes in IPO. CNBC, April 27, 2018, accessed June 6, 2020 .
  13. ↑ a b Sales figures 2018-2019. macrotrends.net, accessed June 6, 2020 .
  14. ↑ Profit 2018-2019. macrotrends.net, accessed June 6, 2020 .
  15. ↑ Balance sheet total 2018-2019. macrotrends.net, accessed June 6, 2020 .
  16. ↑ Employees 2018-2019. macrotrends.net, accessed June 6, 2020 .