Smartsheet is an enterprise work-management platform — a spreadsheet-shaped system for planning, tracking and automating projects, portfolios and processes, with Brandfolder for digital assets and Control Center for portfolio-scale programs. It is not a venture story any more: founded in Bellevue in 2005 and listed on the NYSE as SMAR in 2018, it was taken private by Blackstone and Vista Equity Partners in an $8.4B all-cash buyout ($56.50 per share) that closed on January 22, 2025, with the Abu Dhabi Investment Authority as a co-investor. The sponsors installed Concur co-founder and former Accolade CEO Rajeev Singh as CEO in October 2025 after long-time CEO Mark Mader retired. The roster carries the buyout price as the last confirmed mark.
Enterprise Software📍 Bellevue, WAFounded 2005
Current Valuation
$8.4B
as of 2025-Q1
UNICORN
QL Price
$8.4B
0% vs last round
QuantLogix's current estimate for Smartsheet, published 2026-09-12 — in line with the last disclosed round of $8.4B (2025-Q1).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$8.4B
2025-Q1
weight 0.37
How this price has held up
No round has priced for Smartsheet since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-12 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Smartsheet, 2026-09-12 (0669ec119338f1eb).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Smartsheet going public?
No. Smartsheet is private and has not filed to go public. There is no S-1 on file.
What is Smartsheet's valuation in 2026?
Smartsheet is valued at $8.4B as of 2025-Q1, set by its Take-private buyout ($8.4B, Jan 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Smartsheet filed an S-1?
No public S-1 is on file for Smartsheet.
Who are Smartsheet's investors?
Smartsheet's investors include Blackstone, Vista Equity Partners, Abu Dhabi Investment Authority (ADIA).
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Rajeev Singh
Founded
2005
HQ
Bellevue, WA
Employees
3,330
Est. Revenue
$1.1B (2024-Q3)
Growth
ARR of $1.1B growing 17% year over year at the September 2024 deal announcement (a 7.7x transaction multiple); fiscal 2024 (ended January 2024) revenue $958M — the last public figures before the delisting. A sponsor exit, typically a re-IPO or sale, is the eventual liquidity path; nothing is announced.
balanced build + GTM — 40% builders vs 60% go-to-market/G&A — scaling both sides.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Developer Community ManagerDirector - EngineeringManager, EngineeringManager, UX Research (Remote Eligible - US)Principal Product Manager - AI Creation & Growth (Remote Eligible)Principal Product Manager, Data & AI Platforms ( Hybrid in Bangalore )
Counted from Smartsheet's live job board as of 2026-09-09; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Brent FreiEric BrownMaria Colacurcio
Investors
Blackstone · Vista Equity Partners · Abu Dhabi Investment Authority (ADIA)
Work ManagementEnterprise SaaSCollaborationPrivate Equity OwnedTake-PrivateFormerly Public
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q1. Refreshed quarterly.