SmartSuite, a leading work management platform, has secured $38 million in funding to accelerate its global expansion, leveraging no-code solutions to transform project management, governance, risk, and compliance (GRC) for businesses worldwide.

The investment includes a $13 million Series A round led by Canapi Ventures, with Sorenson Capital and High Alpha backing. This follows an earlier $25 million seed investment, demonstrating strong venture capital confidence in SmartSuite’s transformative approach to project management and governance, risk, and compliance (GRC).

The work management platform integrates project management, process automation, document collaboration, and real-time team coordination into a single, intuitive ecosystem. Unlike traditional siloed tools, SmartSuite unifies databases, spreadsheets, file management, and automation in one seamless interface. It also offers 200+ pre-built workflow templates designed by industry experts who cater to sales, HR, marketing, IT, finance, cybersecurity, and GRC.

“GRC should never be isolated from the core business. With our 300 percent growth in 2024, it’s clear that companies are looking for a fresh approach 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,” said Jon Darbyshire, Co-founder & CEO of SmartSuite.

SmartSuite’s no-code solutions allow businesses to customize workflows without extensive IT intervention, making digital transformation more accessible. The platform integrates with over 5,000 applications, including Slack, Microsoft, Google, HubSpot, Salesforce, Jira, Make, and Zapier, ensuring smooth adoption without disrupting existing systems.

SmartSuite Unprecedented Growth and Global Reach

In 2024, SmartSuite recorded an impressive 300 percent growth, with its user base surpassing 50,000 professionals across 5,000 businesses in over 100 countries. The platform has gained the trust of leading organizations, including Apple Bank, Credit One Bank, UCLA, Georgetown University, Blue Cross Blue Shield, Sunday Riley, and Lyneer Staffing Solutions.

Founded by Jon and Tara Darbyshire and Peter Novosel, SmartSuite stems from the expertise behind Archer Technologies, which was acquired by EMC (now Dell Technologies). Their experience with inefficient, fragmented workflows inspired them to create a work management platform that eliminates inefficiencies through no-code solutions.

“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.

The $38 million funding will fuel SmartSuite’s global expansion, accelerate go-to-market strategies, and further develop its platform. The company aims to enhance automation, user experience, and industry-specific workflows, reinforcing its commitment to project management and GRC innovation.

Transforming Governance, Risk, and Compliance (GRC)

A growing number of financial institutions, Fortune 500 companies, and high-growth enterprises now rely on SmartSuite’s work management platform for governance, risk, and compliance (GRC). The platform streamlines risk assessment, regulatory compliance, and internal audits, addressing inefficiencies in traditional GRC tools.

“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,” said Walker Forehand.

With this $38 million funding, SmartSuite is set to redefine the work management platform industry, helping businesses optimize workflows, scale operations, and embrace no-code solutions for the future of work.

“Managing complex business processes shouldn’t feel like an impossible puzzle. 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,” said First Vice President of Apple Bank Jonathan Ruf.

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