Press Release

Smartsheet Named One of 25 Highest Rated Public Cloud Computing Companies To Work For

Smartsheet ranked #9; List Showcases Public Cloud Companies with the Highest Levels of Employee Satisfaction

BELLEVUE, WASH. – April 26, 2019 – Smartsheet (NYSE: SMAR), a leading cloud-based platform for work execution, has been recognized as one of the 25 Highest Rated Public Cloud Computing Companies To Work For in a list released by Battery Ventures, a global investment firm and cloud investor, and Glassdoor, one of the world’s largest job and recruiting sites. The list highlights 25 publicly-traded B2B cloud computing companies where employees report the highest levels of satisfaction at work, according to employee feedback shared on Glassdoor. 

The distinction placed Smartsheet ninth out of 25 total with an overall company rating of 4.2. The broader average across Glassdoor is 3.4. Smartsheet CEO, Mark Mader, boasts a 96% approval rating on Glassdoor—compared to an average of 69% for all approximately 900,000 employers on the site—and the company has a 77% positive business-outlook rating, again based on feedback shared by employees. The broader Glassdoor average is 49%. A positive business outlook means employees believe business will improve in the next six months.

“It’s an honor to be ranked as one of the highest-rated public cloud computing companies to work for,” said Mader. “This recognition both demonstrates how our employees embrace our company values and shows their pride in working at a high-growth, high-impact SaaS company.”

“Our people will define our future success, so it’s essential that we create an environment where they are supported, trusted, and empowered to do their best work,” said Kara Hamilton, Chief People and Culture Officer at Smartsheet. “This award recognizes the culture we’re building together as we aspire to make Smartsheet a place where employees feel appreciated, engaged, and valued.”

Glassdoor noted that employees at these highly rated companies commonly mention in online reviews that they enjoy working for mission-driven companies with strong and unique company cultures; employers that promote transparency; and companies with experienced senior leaders who regularly and clearly communicate with employees. For instance, according to one anonymous employee review of Smartsheet on Glassdoor:

“Smartsheet cares about our people, first — that has been apparent to me since the start. This sentiment and environment is driven from the top down. As someone who is highly motivated to work harder when surrounded by a team of supportive and innovative teammates, this is what drew me to Smartsheet 1.5+ years ago, and what has kept me here.”

The full list can be found here.

# # #

About Smartsheet
Smartsheet is a leading cloud-based platform for work execution, empowering organizations to plan, capture, track, automate, and report on work at scale, resulting in more efficient processes and better business outcomes. Smartsheet empowers collaboration, drives better decision making, and accelerates innovation for over 78,000 customers in 190 countries. Smartsheet complements existing enterprise investments by deeply integrating with applications from Microsoft, Google, Salesforce, Atlassian, and many others. Smartsheet has been recognized by 451 Research for exceptional technology innovation and positioned as a leader in the Forrester Wave™ evaluation of Collaborative Work Management Tools for the Enterprise.

About Battery Ventures
Battery strives to invest in cutting-edge, category-defining businesses in markets including software and services, Web infrastructure, consumer Internet, mobile and industrial technologies. Founded in 1983, the firm backs companies at stages ranging from seed to private equity and invests globally from offices in Boston, the San Francisco Bay Area, London, New York and Israel. Follow the firm on Twitter @BatteryVentures, visit our website at and find a full list of Battery's portfolio companies here.

Media Contact
Dan Benelisha

This press release may contain “forward-looking” statements that are based on our management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include, but are not limited to, statements about Smartsheet’s growth and growth plans, expectations regarding possible or assumed business strategies, potential growth and innovation opportunities, new products, and potential market opportunities.

Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “believes,” “continue,” “could,” “plans,” “potential,” “remain,” “will,” “would” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, risks and uncertainties related to: our ability to achieve future growth and sustain our growth rate, our ability to attract and retain employees, our ability to attract and retain customers and increase sales to our customers, our ability to develop and release new products and services and to scale our platform, our ability to increase adoption of our platform through our self-service model, our ability to maintain and grow our relationships with strategic partners, the highly competitive and rapidly evolving market in which we participate, our ability to identify targets for, execute on or realize the benefits of potential acquisitions, and our international expansion strategies. Further information on risks that could cause actual results to differ materially from forecasted results is included in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the period ended January 31, 2019 filed with the SEC on April 1, 2019. Any forward-looking statements contained in this press release are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.