SmartSuite, a Newport Beach, CA-based provider of work management platform for businesses of all sizes, has raised $38 million in funding.
Investors
This latest investment includes a $13 million Series A round led by Canapi Ventures, with participation from Sorenson Capital and High Alpha. The Series A funding follows a $25 million founder-led seed investment.
Canapi is a B2B software and financial technology venture and growth equity platform that invests in early- to growth-stage companies offering disruptive alternatives to outdated business models and technologies. Founded in 2018, Canapi is based in Washington, D.C.
SmartSuite Use of Funds
The new funding will accelerate SmartSuite’s global expansion, enhance product development, and scale go-to-market efforts. It will also strengthen no-code automation, deepen integrations with enterprise tools, and advance AI-driven workflow optimization.
About SmartSuite
Founded by Jon and Tara Darbyshire and Peter Novosel, SmartSuite provides work management platform designed to help businesses of all sizes easily manage any business process or project. The platform combines databases, spreadsheets, documents, collaboration tools, automation, and reporting into one unified solution. With 200+ pre-built templates and integrations with over 5,000 apps, SmartSuite streamlines workflows across various departments, including sales, HR, marketing, IT, and more, without disrupting existing processes.
Funding Details
Company: SmartSuite Holdings LLC
Raised: $38.0M
Round: Seed, Series A
Funding Date: February 2025
Lead Investor: Canapi Ventures
Additional Investors: Sorenson Capital, High Alpha
Company Website: https://www.smartsuite.com/
Software Category: Work Management
Source: https://www.businesswire.com/news/home/20250220720845/