Press Release
Sustained Enterprise Growth Lands Smartsheet on Deloitte’s 2017 Technology Fast 500™
Company ranked among the fastest growing companies in North America for Third Straight Year
BELLEVUE, Wash., November 9, 2017 – Smartsheet today announced it was again selected to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America. This is Smartsheet’s third consecutive appearance on the annual listing of rising companies.
“Being named to the Deloitte list for a third consecutive time is quite an honor," said Mark Mader, CEO of Smartsheet. “We're grateful for the recognition, and excited about our continued success in driving enterprise adoption, with more than 50 percent of Fortune 500 companies using Smartsheet. We’re leading a wave of change in the way organizations of all sizes execute their work.”
Smartsheet has consistently delivered industry-leading software while managing a sustained period of rapid growth. Since 2012, the company has grown from 30 employees to more than 730 and closed a $52.1 million Series F funding round in May, 2017 to further accelerate adoption.
Deloitte’s award reflects growing recognition of the Bellevue-based company as an industry innovator and segment leader. In July, Smartsheet was named to the Forbes Cloud 100, the definitive list of the top 100 private cloud companies. In addition, the company was acknowledged as Washington's Best Workplace.
About Deloitte’s 2017 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2013 to 2016.
In order to be eligible for Technology Fast 500 recognitions, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Smartsheet
Organizations need a way to get work done, not just talk about it. Smartsheet is the best way to plan, track, automate, and report on work, enabling you to move from idea to impact — fast. Smartsheet’s cloud-based work management platform empowers collaboration, drives better decision making, and accelerates innovation for over 70,000 brands in 190 countries, including more than 50 percent of the Fortune 500. Named by Forbes as one of the world’s top private cloud companies, Smartsheet complements existing enterprise investments by deeply integrating with applications from Microsoft, Google, Salesforce, Atlassian, and many others.
Headquartered in Bellevue, Washington, Smartsheet has more than 730 employees in its Bellevue and Boston offices as of November 2017. To learn more, visit www.Smartsheet.com.