Smartsheet Inc. is a publicly-listed company that develops and markets the Smartsheet application. As of 2017, it has about 760 employees[23] and is headquartered in Bellevue, Washington[24] The company was founded in the summer of 2006, shortly after co-founder Brent Frei sold his prior company, Onyx Software.[2][4][25] Initially it was funded mostly by Frei.[2] About a year after its founding, Smartsheet had raised $4 million in funding and had just nine employees.[15] By early 2012 it had raised $8.2 million in funding over three rounds and hired its first salesperson.[6][7]