Smartsheet Named One of 25 Highest Rated Public Cloud Computing Companies to Work For

Smartsheet ranked #9; List Showcases Public Cloud Companies with the
Highest Levels of Employee Satisfaction

BELLEVUE, Wash–(BUSINESS WIRE)–Smartsheet (NYSE: SMAR), a leading cloud-based platform for work
execution, has been recognized as one of the 25 Highest Rated Public
Cloud Computing Companies To Work For in a list released by Battery
Ventures, a global investment firm and cloud investor, and Glassdoor,
one of the world’s largest job and recruiting sites. The list highlights
25 publicly-traded B2B cloud computing companies where employees report
the highest levels of satisfaction at work, according to employee
feedback shared on Glassdoor.

The distinction placed Smartsheet ninth out of 25 total with an overall
company rating of 4.2. The broader average across Glassdoor is 3.4.
Smartsheet CEO, Mark Mader, boasts a 96% approval rating on
Glassdoor—compared to an average of 69% for all approximately 900,000
employers on the site—and the company has a 77% positive
business-outlook rating, again based on feedback shared by employees.
The broader Glassdoor average is 49%. A positive business outlook means
employees believe business will improve in the next six months.

“It’s an honor to be ranked as one of the highest-rated public cloud
computing companies to work for,” said Mader. “This recognition both
demonstrates how our employees embrace our company values and shows
their pride in working at a high-growth, high-impact SaaS company.”

“Our people will define our future success, so it’s essential that we
create an environment where they are supported, trusted, and empowered
to do their best work,” said Kara Hamilton, Chief People and Culture
Officer at Smartsheet. “This award recognizes the culture we’re building
together as we aspire to make Smartsheet a place where employees feel
appreciated, engaged, and valued.”

Glassdoor noted that employees at these highly rated companies commonly
mention in online reviews that they enjoy working for mission-driven
companies with strong and unique company cultures; employers that
promote transparency; and companies with experienced senior leaders who
regularly and clearly communicate with employees. For instance,
according to one anonymous employee review of Smartsheet on Glassdoor:

“Smartsheet cares about our people, first — that has been apparent to me
since the start. This sentiment and environment is driven from the top
down. As someone who is highly motivated to work harder when surrounded
by a team of supportive and innovative teammates, this is what drew me
to Smartsheet 1.5+ years ago, and what has kept me here.”

The full list of companies can be found here.

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 78,000 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.

About Battery Ventures

Battery strives to invest in cutting-edge, category-defining businesses
in markets including software and services, Web infrastructure, consumer
Internet, mobile and industrial technologies. Founded in 1983, the firm
backs companies at stages ranging from seed to private equity and
invests globally from offices in Boston, the San Francisco Bay Area,
London, New York and Israel. Follow the firm on Twitter
@BatteryVentures, visit our website at www.battery.com and
find a full list of Battery’s portfolio companies here.

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. Securities and Exchange Commission, including our Annual Report on
Form 10-K for the period ended January 31, 2019 filed with the SEC on
April 1, 2019. 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.

Contacts

Dan Benelisha
[email protected]

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