# Smartsheet funding: rounds and investors

> Smartsheet has raised $119M across 7 rounds since 2007. Investors include Madrona Venture Group, Insight Partners and Sutter Hill Ventures.

Source: https://millionrounds.com/company/smartsheet (Millionrounds; every figure on the page links to its filing or article)

United States · [Series F startup](https://millionrounds.com/companies)

# Who invested in *Smartsheet*

7 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Software SaaS

Funding summary Updated 26 Oct 2026

**$119M** raised across 7 rounds since 2007, from 7 sources

**$2.7M** Series A **$1.3M** Series B **$1.5M** Series C **$1.0M** Series D **$26M** Series D **$35M** Series E **$52M** Series F

- **Latest round:** Series F, $52M May 2017
- **Step-up i:** 1.5×
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2007 2009 2011 2013 2015 2017

**$2.7M** Series A

**$1.3M** Series B

**$1.5M** Series C

**$1.0M** Series D

**$26M** Series D

**$35M** Series E

**$52M** Series F

- **First round:** Series A, $2.7M
- **Biggest round:** $52M
- **Usual gap between rounds:** 20 months

## The rounds

- **May 2017** Series F **$52M** *2 new* *2 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Summit Partners](https://millionrounds.com/fund/summit-partners) [Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures) [Venture Partners, LLC](https://millionrounds.com/fund/venture-partners-llc) Reported by FinSMEs SEC filing: $52M sold, first sale May 2017
- **May 2014** Series E **$35M** *2 new* *2 returning* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures) [Top Tier Capital Partners](https://millionrounds.com/fund/top-tier-capital-partners) From a historical funding record
- **Dec 2012** Series D **$26M** *1 new* *1 returning* [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Madrona Venture Group](https://millionrounds.com/fund/madrona) Reported by finsmes.com
- **Sept 2012** Series D **$1.0M** No investor was named in the report. Reported by sec.gov
- **Sept 2010** Series C **$1.5M** *1 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) Reported by venturebeat.com
- **Jan 2009** Series B **$1.3M** *1 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) Reported by seattle.bizjournals.com
- **Jun 2007** Series A **$2.7M** *1 new* [Madrona Venture Group](https://millionrounds.com/fund/madrona) Reported by thealarmclock.com

## Founders and team

From Smartsheet's own website and the SEC filings it signed: 15 on the team.

- **Rajeev Singh** Chief Executive Officer
- **Josh Schauer** Chief Financial Officer
- **Kelsi McDonald Harris** Chief Business Officer
- **Pratima Arora** Chief Product and Technology Officer
- **Robson Grieve** Chief Marketing Officer
- **Scott Torrey** Chief Revenue Officer
- **Nick Dunn** General Counsel
- **Anna Griffin** Executive Officer i
- **Gene Farrell** Executive Officer i
- **Jennifer Ceran** Executive Officer i
- **Kara Hamilton** Executive Officer i
- **Mark Mader** Executive Officer i
- **Mike Arntz** Executive Officer i
- **Paul Porrini** Executive Officer i
- **Praerit Garg** Executive Officer i

On the board, as filed i *Brent Frei* *Elena Gomez* *Geoffrey Barker* *Jim White* *Magdalena Yesil* *Matt Mcilwain* *Mike Gregoire*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2007 **Series B** 2009 **Series C** 2010 **Series D** 2012 **Series D** 2012 **Series E** 2014 **Series F** 2017 [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures) [Summit Partners](https://millionrounds.com/fund/summit-partners) [Top Tier Capital Partners](https://millionrounds.com/fund/top-tier-capital-partners) [Venture Partners, LLC](https://millionrounds.com/fund/venture-partners-llc)

## Everyone who backed them

[Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **6** rounds

[Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **2** rounds

[Sutter Hill Ventures](https://millionrounds.com/fund/sutter-hill-ventures) VC firm **2** rounds

[Summit Partners](https://millionrounds.com/fund/summit-partners) Private equity **1** round

[Top Tier Capital Partners](https://millionrounds.com/fund/top-tier-capital-partners) Fund of funds **1** round

[Venture Partners, LLC](https://millionrounds.com/fund/venture-partners-llc) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=smartsheet).

## Also claim to have backed them

This firm lists Smartsheet as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Cyberco](https://millionrounds.com/fund/cyberco) Angel Per its own site

## Quick answers about Smartsheet

### Who invested in Smartsheet?

Smartsheet's investors include Madrona Venture Group, Insight Partners, Sutter Hill Ventures, Summit Partners and Top Tier Capital Partners, and 1 more on record.

### How much has Smartsheet raised?

Smartsheet has raised $119M across 7 rounds since 2007.

### When did Smartsheet last raise?

Smartsheet's most recent round was a Series F of $52M in May 2017.

### What was Smartsheet's biggest round?

Its most recent round, $52M in May 2017, is also its largest on record.

### Who backed Smartsheet first?

Smartsheet's first round on record, in Jun 2007, was backed by Madrona Venture Group.

### What stage is Smartsheet at?

Smartsheet's latest named round is a Series F, in May 2017.

### Where is Smartsheet based?

Smartsheet is based in the United States.

## Companies like Smartsheet

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