Smartsheet logo
Founded 2005

Smartsheet

2017 Revenue

$65.0M

YOY

Funding

$87.3M

Overview

About Smartsheet

Smartsheet is a software as a service application for collaboration and work management that is developed and marketed by Smartsheet Inc.

Monthly Revenue

$5.4M

Total Expenses

$5.4M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Smartsheet CEO Mark Mader on 12/01/2020

Watch the podcast


Headquarters

10500 Northeast 8th Street Bellevue WashingtonUnited States

Smartsheet Revenue vs Funding

$Funding$Revenue

Smartsheet Revenue

In 2017, Smartsheet revenue run rate hit $65.0M in revenue.

$65.0M

Smartsheet Valuation and Funding History

Smartsheet has raised a total of $87.3M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
05/31/2017$53.1M
05/05/2014$26.0M
12/03/2012$2.5M
09/24/2012$1.3M
01/15/2009$4.4M

Customers

Smartsheet has 65K customers.

Lifetime Months

12K

×
Monthly ARPU

$83.0

=
Lifetime Dollars

$1.0M


Acquisition Cost

$1.0K

Average Annual Price

$996.0

$0$996.012 month payback period024681012

Churn

Smartsheet has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

Smartsheet has 2,023 employees. They have 356 sales reps that carry a quota, an engineering team of 374 and a marketing team of 75.

2017201820192020109.00%▲50.00%▲20.00%▲
DistributionQty

Total Team Size

2023

Engineers

374 (18%)

Sales

356 (18%)

Marketing

75 (4%)

CEO/Founder

Mark Mader

With over 20 years executive leadership experience driving innovation for high-growth Software-as-a-Service (SaaS) companies, Mark is a recognized leader in the technology community. He has been named Ernst & Young’s Entrepreneur of the Year in Technology for the Pacific Northwest, and GeekWire’s CEO of the Year. Under his leadership, Smartsheet was named Washington’s Best Workplace by the Puget Sound Business Journal, and Seattle’s Next Tech Titan by GeekWire. Passionate about entrepreneurship and tech innovation, Mark is a contributor to media outlets like Bloomberg, Forbes, CNBC, and Entrepreneur, and has been a featured speaker at many events, including YPO Innovation Week, and the NYSE Tech Leadership Summit. He also serves as a board member of ZoomInfo, the University of Washington Information School, one of the nation’s top information science programs, and as a member of the New York Stock Exchange’s Listed Companies Advisory Board (LCAB). A dual-citizen of Germany and the United States, he has spent considerable time working and living abroad and applies that global perspective to the products and services that Smartsheet delivers. Mark graduated with a B.A. in Geography from Dartmouth College.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Smartsheet

When was Smartsheet founded?

Smartsheet was founded in 2005.


Who is the CEO of Smartsheet?

The CEO of Smartsheet is Mark Mader


How many employees does Smartsheet have?

Smartsheet has 2,023 employees.

How much revenue does Smartsheet generate?

Smartsheet generates $65.0M in revenue.


How much funding does Smartsheet have?

Smartsheet has raised $87.3M.


Where is Smartsheet headquarters?

Smartsheet is headquartered at 10500 Northeast 8th Street Bellevue WashingtonUnited States

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