Market Overview

Smartsheet Makes Deloitte Fast 500™ List for Fourth Consecutive Year

Share:

Company scores again as one of North America's fastest growing
technology companies

Smartsheet (NYSE:SMAR), a leading cloud-based platform for work
execution, today announced it was 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 marks the fourth consecutive year Smartsheet has made the
list.

"Appearing on the Deloitte list for the fourth year in a row is an
honor," said Mark Mader, CEO of Smartsheet. "More importantly, it's an
indication that our focus on creating a platform that empowers everyone
to more effectively plan, track, automate, and report on work,
regardless of technical skill level, continues to resonate with
customers."

"Congratulations to the Deloitte 2018 Technology Fast 500 winners on
this impressive achievement," said Sandra Shirai, vice chairman,
Deloitte LLP, and U.S. technology, media and telecommunications leader.
"These companies are innovators who have converted their disruptive
ideas into useful products, services and experiences that can captivate
new customers and drive remarkable growth."

This is just the latest recognition Smartsheet has received for its
growth, product offering and commitment to innovation. The company was
recently given a 451 Research Firestarter Award for outstanding
technology innovation and vision, in addition to being named a leader in
The Forrester Wave™: Collaborative Work Management Tools for the
Enterprise, Q4 2018 report, published by Forrester Research, Inc.

About Deloitte's 2018 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 2014 to 2017.

In order to be eligible for Technology Fast 500 recognition, 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 USD. Additionally, companies must be in business for a minimum
of four years and be headquartered within North America.

Overall, 2018 Technology Fast 500™ companies achieved revenue growth
ranging from 143 percent to 77,260 percent from 2014 to 2017, with
median growth of 412 percent. View all winners at www.fast500.com.

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 76,000 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.

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. SEC, including our Quarterly Report on Form 10-Q for the period
ended July 31, 2018 filed with the SEC on September 10, 2018. 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.

View Comments and Join the Discussion!