SmartSuite, a next-generation work management platform that allows teams to manage any business process or project easily, has raised $38 million in funding. Canapi Ventures led the company’s latest $13 million Series A round, which included contributions from Sorenson Capital and High Alpha. This comes after a $25 million founder-led early investment, demonstrating significant venture capital belief in SmartSuite’s mission to improve work management.
Founded by husband and wife Jon and Tara Darbyshire and their peer Peter Novosel, SmartSuite offers a suite of solutions for project management, process automation, and document collaboration to eliminate the need for disjointed point solutions. The platform is designed to serve as the central nervous system of an organization – integrating databases, spreadsheets, documents, collaboration tools, and automation into a single, intuitive platform. It integrates seamlessly with over 5,000 applications, including Slack, Microsoft, Google, Salesforce, HubSpot, Jira, Zapier, Make, and many more. Its robust automation engine enables teams to optimize workflows, reduce manual effort, and increase efficiency through AI-powered insights and real-time triggers.
Built with a no-code approach, the startup allows users to customize workflows to fit their unique needs without requiring technical expertise. With over 200 pre-built workflow templates developed with industry experts, it supports many use cases, including project management, Governance, Risk and Compliance (GRC), HR, sales, IT, marketing, product, operations, finance, and many more. Major organizations already rely on the firm, including Apple Bank, Credit One Bank, UCLA, Georgetown University, Blue Cross Blue Shield, and the University of California Berkeley.
In 2024, SmartSuite witnessed a staggering 300% growth when it expanded its user base to over 50,000 professionals across 5,000 businesses in more than 100 countries.
With the new financing, the company aims to accelerate worldwide expansion, develop go-to-market strategies, develop product innovations, and establish its position as the ultimate enterprise collaboration platform.
