Smarsh
PrivateLast Round
Recap
Feb 1, 2022
Est. Valuation
$358.3M
Total Funding Raised
$56.75M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Smarsh operates in Enterprise Software and is based in Portland, Oregon. Its latest recorded funding round was a Debt round in November 2020.
Smarsh is a software company that provides a cloud-native, AI-powered platform for the capture, archiving, supervision, and e-discovery of electronic communications to help organizations manage regulatory and reputational risk.
Sector
Enterprise Software
Verticals
Compliance & Risk, RegTech, Data Governance, Enterprise Communication, NLP & Conversational AI
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Smarsh Comparables
Compare Smarsh with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Global Relay | 95% | |
| Proofpoint, Inc. | 85% | |
| Mimecast | 84% |
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Smarsh Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Recap | Feb 1, 2022 | ||||
| Debt | Nov 20, 2020 | ||||
| M&A | Sep 26, 2018 | ||||
| Buyout/LBO | Nov 15, 2017 | ||||
| Buyout/LBO | Jan 1, 2016 | ||||
Secondary | Nov 5, 2013 |
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Key People
Founding team and executive leadership
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Smarsh Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| K1 Investment Management | Buyout/LBO, M&A, Recap |
| Ares Management | Debt |
| Darshan Capital | Buyout/LBO |
| Ares Management Corporation | Debt |
| Toba Capital | Secondary |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 11, 2026
Smarsh was named to the Portland Business Journal's Fastest-Growing Private 100 Companies list.
- Aug 11, 2026
Named to the fastest-growing private companies list for the 19th year.
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Recent news
Latest coverage and updates
- identified_as_competitor_ofNov 12, 2026
In communications archiving and compliance software, Smarsh is described as the most direct rival to Global Relay and supports email, collaboration tools, mobile messages, social media, and voice content for regulated firms.
- recognized_asNov 3, 2026
Gartner names Smarsh a Leader for the seventh consecutive time in the 2025 Gartner(R) Magic Quadrant(TM) for Digital Communications Governance and Archiving Solutions.
- launchesNov 2, 2026
Smarsh launches AI-driven tools and upgrades that boost GRC capabilities across eDiscovery, regulatory monitoring and compliance in Oct '26.
- launchesOct 22, 2026
On Oct 22nd '26, Smarsh announces Claude Cowork capture support within Professional Archive as part of expanded capabilities that give lean compliance and risk teams greater visibility, more efficient workflows, and stronger oversight records in Oregon.
- launchesOct 22, 2026
Smarsh introduces enhancements that help financial services firms manage digital communications and generative AI, including planned Claude Cowork capture support, AI-driven supervision tools, natural-language search, dynamic web-content archiving, and device-security visibility.
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Smarsh Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Smarsh's valuation, stock price, and market status.
Is Smarsh a public or private company?
Smarsh is a private company.
What is the current stock price of Smarsh?
Smarsh is a private company, so its shares have no public market price. Caplight tracks Smarsh's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Smarsh worth (valuation)?
Smarsh's valuation is estimated at $358.3M based on funding round data.
Can I buy Smarsh stock?
Smarsh shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Smarsh's last funding round?
Smarsh's most recent funding round was Recap on February 1, 2022.
Who are the main investors in Smarsh?
Key investors in Smarsh include K1 Investment Management, Toba Capital.
Will Smarsh IPO soon?
No public IPO plans have been announced for Smarsh.
How can I track Smarsh secondary market activity?
Caplight tracks bids, offers, and trades in Smarsh's shares on secondary markets.