Smartsheet
Facts
- HQ
- Bellevue, Wash.-based
- Sectors
- Enterprise software, Collaboration, Work management
- Founded
- 2005
- Type
- Corporation Seattle business license
- Registered name
- Smartsheet Inc Seattle business license
- Stage
- Public
TerraClear Raises $25M to Advance AI-Powered Rock-Picking Farm Technology with Fully Autonomous Version in Development
TerraClear, an ag tech startup founded by Brent Frei, has raised $25 million to advance its AI-powered rock-picking technology that helps farmers clear rocks from their fields efficiently. The company’s robotic Rock Picker can handle rocks up to 300 pounds, working with minimal soil disturbance, and is currently on its 14th prototype.
Pacific Northwest Software Founders Launch Ag‑Tech Startups — TerraClear, Carbon Robotics, Pollen Systems Draw Major VC Interest
Successful Pacific Northwest software founders are applying their startup experience to ag tech, drawing significant venture capital into farm-focused startups and developing robotics and marketplaces for agriculture. Examples include Brent Frei's rock-picking robots at TerraClear, Paul Mikesell's weed-zapping Carbon Robotics, and Keith McCall's Pollen Systems and Everyvine relaunch.
RipeLocker raises $5M to commercialize patented low‑atmosphere containers as USDA begins trials
RipeLocker, a Bainbridge Island ag‑tech startup, raised $5 million to sell patented low‑atmosphere containers that extend storage life for recently harvested flowers and produce, and the USDA has begun trials to see if the tech can reduce storage chemicals. The company is building 500 units—half for commercial customers in flowers, hops and berries and half for trials—with first sales starting this summer and total funding now at $12 million.
Madrona partner Daniel Li leaves to co-found Plus with Chloe Qi; Plus raises $5.5M seed led by Madrona
Daniel Li is leaving Madrona Venture Group to co-found Plus with Chloe Qi; the startup raised a $5.5 million seed round led by Madrona to build a no-code/low-code, multiplayer productivity product for sharing live data.
Nautilus Biotechnology hires ex-Smartsheet, Isilon and GenapSys leaders as it scales proteome platform after $76M Series B
Nautilus Biotechnology, a stealthy startup co-founded by Sujal Patel and Parag Mallick, has hired three senior executives — Chris Blessington, Anna Mowry, and Subra Sankar — to expand its team and accelerate development of a platform to quantify the human proteome after a $76 million Series B.
Madrona Venture Group Raises $345M for 8th Fund and $161M for 2nd Later-Stage Fund in Largest Ever $500M Capital Raise
Madrona Venture Group raised over $500 million for its largest fundraise ever, including $345 million for an eighth early-stage fund targeting 35-40 Pacific Northwest startups and $161 million for a second later-stage Acceleration Fund. The firm continues to focus on supporting the Pacific Northwest tech ecosystem while also backing later-stage companies across North America.
Skilljar raises $33M Series B led by Insight Partners as pandemic boosts demand for its customer education platform
Seattle-based Skilljar, founded by Sandi Lin and Jason Stewart, raised $33 million in a Series B led by Insight Partners as demand for its customer education software surged during the pandemic; total funding exceeds $50 million and the platform has delivered over 10 million instructional hours to 300+ customers including Tableau and Cisco. The company provides cloud-based training, assessments, certifications, analytics and integrations to help companies build onboarding and customer education programs.
Snowflake raises $3.4B in largest software IPO, opens at $245 and closes at $253.93 valuing company over $60B; Madrona an early investor
Snowflake raised $3.4 billion in the largest-ever software IPO, pricing at $120 and opening at $245 before closing at $253.93 to value the company above $60 billion; early investor Madrona Venture Group, which invested in 2017, benefited though it holds under 5% and did not disclose stake value.
Qumulo Adds Ex-Tableau CMO Elissa Fink to Board After $125M Raise; Maven COO Co-founder Bill Sornsin Steps Down
Seattle data-storage startup Qumulo added former Tableau CMO Elissa Fink to its board after raising $125 million and reaching a $1.2B+ valuation; separately, Maven COO and co-founder Bill Sornsin stepped down as part of a company realignment.
Panda AI, spun out of AI2, raises $3.3M with AI2 as first investor from its new pre-seed fund
Panda AI, a stealth startup spun out of the Allen Institute for AI (AI2), raised $3.3 million in a round led by PSL Ventures with participation from AI2 and others; it is the first company to receive funding from AI2’s new pre-seed fund.
Adam Schoenfeld’s Seattle Startup Hiring Tracker: 67% of 348 Seattle tech firms have openings, 2,620 roles; 42% grew headcount
A new Seattle Startup Hiring Tracker from entrepreneur Adam Schoenfeld shows 67% of 348 tracked Seattle tech companies have open roles (2,620 total), with 42% growing headcount month-over-month, 35% stable and 23% shrinking despite the pandemic.
GeekWire Awards 2020 Goes Virtual; Ally Wins Startup of the Year as Bill Gates and Celebrities Celebrate
GeekWire held a virtual GeekWire Awards livestream honoring top Pacific Northwest tech companies and leaders across 12 categories, with winners accepting via Zoom and special video messages from figures like Bill Gates. Seattle startup Ally won Startup of the Year, and the event included entertainment such as The Drunken Tenorperforming an "Opera di Zoom."
iObeya announces Seattle-area dual headquarters in Kirkland/Bellevue after $17M round led by Red River West
French visual collaboration startup iObeya announced a Seattle-area office in Kirkland/Bellevue that will be a dual headquarters with Massy, France, after a $17 million funding round led by Red River West; the company plans to hire about 20 people this year and serve as a North America sales and marketing hub.
Accolade exits GeekWire 200 after $220M IPO at $1.2B valuation; PNW health techs climb as VC funding hits $2.3B in H1 2020
GeekWire’s latest GeekWire 200 update shows health tech startups rising in the Pacific Northwest rankings during the pandemic, highlighted by Accolade’s $220M IPO at a $1.2B valuation and a surge in VC activity ($2.3B across 135 deals in H1 2020).
Panda AI launches inside AI2 in Seattle, led by CEO Aaron Goldfeder and CTO Yue Ning in stealth mode
Panda AI is a stealth B2B startup launched inside the Allen Institute for AI (AI2) in Seattle, led by CEO Aaron Goldfeder and CTO Yue Ning, both former AI2 entrepreneurs-in-residence. The company — currently two employees with early access interest and Smartsheet co-founder Eric Browne as product advisor — aims to build next-generation tools for knowledge workers using recent AI breakthroughs.
Seattle technologists and restaurateur launch Off Their Plate and FoodPair to route meals from struggling restaurants to healthcare workers and vulnerable residents
During the COVID-19 pandemic Seattle technologists and restaurant owners launched donation-driven projects to connect struggling restaurants with people in need, including healthcare workers, low-income children, seniors and people experiencing homelessness. Initiatives include Off Their Plate, which provided over 8,600 meals to local healthcare workers, and FoodPair, a new startup from Expedia Group's Katherine Cheng and co-founder Marie Gill to match donors, restaurants and recipients.
Smartsheet CFO Jennifer Ceran joins Auth0 board; Auth0 hires three execs; Outreach opens NYC office led by David Rubinstein
Smartsheet CFO Jennifer Ceran joined the board of Bellevue identity provider Auth0 as she prepares to retire, and Auth0 added three senior hires: Holly Files (SVP customer success), Cassio Sampaio (VP product) and Ken Oestreich (VP product marketing). Separately, Seattle sales-engagement firm Outreach is opening a New York City office led by David Rubinstein as part of its U.S. and international expansion.
Syndio raises $7.5M to expand pay-equity software as CEO warns COVID-19 could widen gaps for women and minorities
Seattle HR-tech startup Syndio raised $7.5 million to expand software that analyzes and corrects pay disparities tied to gender, race, ethnicity, or age; CEO Maria Colacurcio warns COVID-19 risks widening pay gaps for women and minorities. Syndio serves 60+ customers including Nordstrom, Slack, Adobe and plans to grow despite the economic downturn, backed by investors including Emerson Collective and Voyager Capital.
Smartsheet Rises to No. 6 on GeekWire 200 List with Over $70M Revenue and Boston Expansion Plans
Smartsheet has risen to number six on the GeekWire 200 list of privately held Pacific Northwest startups, up from 13th at the start of the year, driven by strong subscription revenue growth and key executive hires. Other notable movers include Vacation rental startup Vacasa entering the top 10 and Seattle’s Highspot climbing to number 148 after forming a strategic partnership with Brainshark.
GeekWire Awards 2017 Finalists Highlight Pacific Northwest Tech Innovation, Winners Publicly Voted and Revealed May 4 at MoPop
The 2017 GeekWire Awards finalists showcase the Pacific Northwest's tech industry's strength, especially in cloud technology, with winners decided by public votes and announced at a May 4 ceremony at MoPop.
People
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Maria Colacurcio Founder, Co-founder
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Sunny Gupta Executive Chair Board
