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#103 by ARRWashington, USsmartsheet.com ↗

Smartsheet

Smartsheet sells a cloud work management and automation platform, with AI features, that helps enterprises and teams plan, run and report on projects and workflows.

ARR
$958.3M revenue (est.)
as of Oct 2026
Employees
3.4K
as of Oct 2026
Valuation
$8.4B
8.8× ARR
ARR / employee
$282K
revenue efficiency
About Smartsheet

Smartsheet makes a spreadsheet-style work management platform. It includes automation, collaboration, reporting, resource and portfolio management, and AI capabilities. Customers include large enterprises, government, construction, financial services, education and nonprofits, and the company says more than 85% of the Fortune 500 use it. It sells through paid SaaS subscriptions. It reported about $958M in revenue for fiscal 2024. It went public on the NYSE in 2018 and was taken private in a deal led by Blackstone and Vista Equity Partners that was announced in 2024 and closed in January 2025. It had roughly 4,000 employees in 2026.

Investors · 7

LeadBlackstonePrivate equity20 partners on file
LeadVista Equity PartnersPrivate equity38 partners on file
BoardInsight PartnersVenture capital· Ryan Hinkle (Principal (later Managing Director) at Insight Venture Partners. Joined the board in 2012. This is a historical seat from before the take-private.)22 partners on file
BoardMadronaVenture capital· Matt McIlwain (Managing Director at Madrona. Pre-IPO board member. This comes from my own recollection and was not confirmed in the search results.)16 partners on file
InvestorInsight PartnersVenture capital22 partners on file
InvestorMadronaVenture capital16 partners on file
InvestorSummit PartnersPrivate equity23 partners on file
InvestorSutter Hill VenturesVenture capital3 partners on file
InvestorTop Tier Capital PartnersVenture capital
122 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.

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