Smartsheet Inc. designs and develops work management platform to plan, capture, manage, automate, and report on work for teams and organizations. The company offers Smartsheet, which includes dashboards, card view, grid, reports, projects, calendar, forms, automations, and integrations; WorkApps enables customers to build user-friendly apps; Smartsheet Advance; Smartsheet Safeguard; Connectors provides embedded integrations with industry systems of record; Control Center enables organizations to achieve consistent work execution; and Dynamic View enables business users to collaborate confidentially with vendors. The company provides Data Shuttle allows business users to upload or offload data between Smartsheet and other existing systems and databases; Bridge to build intelligent workflows and automate business processes across platforms; Resource Management enables businesses to plan and allocate resources; Brandfolder, a digital asset management solution; and Calendar, Pivot, and DataMesh apps. It serves aerospace, automotive, biotechnology, consumer, e-commerce, education, finance, government, healthcare, IT and professional services, marketing, media, non-profit, publishing, software, technology, and travel sectors. The company was formerly known as Smartsheet.com, Inc. and changed its name to Smartsheet Inc. in February 2017. Smartsheet Inc. was incorporated in 2005 and is headquartered in Bellevue, Washington with additional offices in Boston, Massachusetts; San José, Costa Rica; Sydney, Australia; London, United Kingdom; and Chiyoda, Japan. As of January 22, 2025, Smartsheet Inc. was taken private.
Acquisition Dynamics | Explore Smartsheet's $8.4 billion acquisition by Blackstone and Vista Equity Partners, marking a pivotal moment for the cloud-based work execution platform provide |
Financial Resilience | Delve into Smartsheet's impressive 81.68% gross profit margins and strong balance sheet, despite mixed growth signals and decelerating Annual Recurring Revenue |
Strategic Evolution | Learn about Smartsheet's new pricing model and enterprise focus, aimed at bolstering growth and navigating an increasingly competitive work management landscape |
Valuation Insights | Analyst price targets range from $43 to $59, with recent adjustments to $56.50 following the acquisition announcement, reflecting varied views on Smartsheet's potential |