Company Secures $13M Series A Investment Led by Canapi Ventures After Closing $25M Seed Funding to Fuel Mission of Modernizing Every Business Workflow

February 20, 2025 09:00 AM Eastern Standard Time

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–SmartSuite, the next-generation work management platform, today announced a major global expansion fueled by $38 million in funding. The latest investment includes a new $13M Series A round led by Canapi Ventures, with participation from Sorenson Capital and High Alpha. The Series A funding follows a $25M founder-led seed investment, reflecting exceptional venture capital interest in SmartSuite’s mission to redefine work management.

“GRC should never be isolated from the core business”Post this

In 2024, SmartSuite achieved 300% growth, with its user base surpassing 50,000 professionals across more than 5,000 businesses in over 100 countries. The company’s platform is trusted by a diverse range of organizations, including Apple Bank, Credit One Bank, UCLA, Georgetown University, Blue Cross Blue Shield, Sunday Riley, Lyneer Staffing Solutions, Datawatch, and UC Berkeley. The investment will further fuel SmartSuite’s mission to redefine work management, accelerate global adoption, scale go-to-market initiatives, and enhance its unified no-code platform.

Founded by Jon and Tara Darbyshire and Peter Novosel, the original team behind Archer Technologies, SmartSuite was built to revolutionize business process management by combining powerful no-code flexibility, collaboration, and automation in a single, intuitive platform. After selling Archer to EMC (now Dell Technologies), the Darbyshires saw firsthand how organizations struggle with fragmented workflows, spreadsheets, and outdated tools. They spent nearly three years developing a seamless, user-friendly solution that unifies work management across teams and industries.

“We were drawn to SmartSuite’s ability to eliminate complexity from inherently complex processes, such as Governance, Risk, and Compliance (GRC), for enterprises and financial institutions of all sizes,” said Walker Forehand, President and General Partner, Canapi Ventures. “With over 50,000 users, SmartSuite’s rapid growth makes it clear that companies across industries are seeking a modernized work operating system. SmartSuite’s no-code approach is reshaping how teams collaborate, plan, and execute—all within a single, intuitive platform.”

A Work Management Platform Built for Everyone
SmartSuite provides a comprehensive, all-in-one solution that combines project management, process automation, document collaboration, and real-time team coordination. With over 200 pre-built workflow templates, created in partnership with industry experts, organizations can seamlessly integrate SmartSuite into operations—whether for sales, HR, marketing, compliance, IT, finance, GRC, cybersecurity or operational workflows.

Additionally, SmartSuite’s deep integrations with over 5,000 applications, including Slack, Microsoft, Google, HubSpot, Salesforce, Jira, Make and Zapier, ensure that teams can orchestrate workflows across their entire tech stack without disrupting existing processes.

“Managing complex business processes shouldn’t feel like an impossible puzzle,” said Jonathan Ruf, First Vice President, Apple Bank. “SmartSuite allowed us to unify everything from legal approvals and compliance workflows to cross-functional collaboration—without adding complexity. It’s now an indispensable tool across the bank.”

SmartSuite’s Growing Leadership in GRC
A growing number of financial institutions, Fortune 500 companies, and high-growth enterprises are turning to SmartSuite for Governance, Risk, and Compliance (GRC) management, where traditional solutions have often been cumbersome and outdated.

“GRC should never be isolated from the core business,” said Jon Darbyshire, Co-founder & CEO of SmartSuite. “With our 300% growth in 2024, it’s clear that companies are looking for a fresh approach—one that integrates compliance, risk, and security operations into everyday work management. SmartSuite delivers this agility, helping businesses adapt to evolving compliance requirements while maintaining a unified source of truth across teams – at a fraction of the cost of traditional GRC products.”

To learn more about SmartSuite or start a free trial, visit: https://www.smartsuite.com.

About SmartSuite
SmartSuite is the single platform for almost everything, where all your information, processes, and communication tools are in one place. Where people, processes, and projects aren’t disconnected or siloed, but connected and working together towards common goals. SmartSuite’s work management platform unites the essential elements that are used to get work done: databases, spreadsheets, documents, collaboration tools, file management products, and automation capabilities – into one platform.

Contacts

Jason Vancura
Marketbridge for SmartSuite
smartsuite@marketbridge.com

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