SmartSuite raises $38M to be the final word on enterprise collaboration

Three founders who built out one of the bigger startups in risk management are scaling a new company to take on another pain point in the world of work. SmartSuite‘s platform lets teams collaborate on projects, build automations around that work, and search and access work across larger libraries of data spanning a disparate number of apps. The company says it’s seen 300% growth in the last year as it quietly racked up 50,000 users from 5,000 businesses, including Apple Bank, Credit One Bank, UCLA, Georgetown University, Blue Cross Blue Shield, Sunday Riley, Lyneer Staffing Solutions, Datawatch, and UC Berkeley. Now, on the back of that growth, SmartSuite is announcing $38 million in funding to expand. SmartSuite is announcing the $38 million figure for the first time today, but that capital was invested over a few tranches. Most recently, the startup raised a $13 million Series A round led by Canapi Ventures, with Sorenson Capital and High Alpha participating. Before that, SmartSu ... Read full article.