Smartsheet vs Asana
Side-by-side comparison of AI visibility scores, market position, and capabilities
Enterprise work management platform with $1.1B revenue taken private by Blackstone and Vista Equity; spreadsheet-style project tracking for 85K organizations competing with Monday.com and Asana.
About
Smartsheet is a cloud-based work management and project collaboration platform that uses familiar spreadsheet-style interfaces to provide project tracking, workflow automation, resource management, and team collaboration capabilities for enterprise teams — particularly in construction, manufacturing, professional services, and marketing operations. Listed on NYSE (NYSE: SMAR) and headquartered in Bellevue, Washington, Smartsheet generates approximately $1.1 billion in annual revenue and serves over 85,000 organizations including Fortune 500 companies and government agencies.\n\nSmartsheet's core product is a spreadsheet-like grid where rows represent tasks, projects, or records and columns track status, dates, owners, and custom fields. This familiar format reduces adoption friction for users who understand Excel but need collaboration and automation capabilities that spreadsheets lack. Sheets, Reports, Dashboards, and automated Workflows connect into comprehensive project management and operational tracking systems. The platform supports Gantt charts, Kanban boards, and card views alongside the standard grid.\n\nIn 2025, Smartsheet competes with Monday.com, Asana, Microsoft Project, and Airtable for work management platform share. The work management category has become competitive as multiple well-funded platforms target enterprise digital work coordination. Smartsheet's differentiation is its enterprise depth — the platform has robust governance, admin controls, resource management, and advanced workflow automation that simpler work tools lack — and its construction and operations market specialization. Smartsheet agreed to be acquired by Blackstone and Vista Equity Partners in a take-private transaction announced in September 2024 for approximately $8.4 billion. The 2025 strategy under private equity ownership focuses on AI capabilities (Smartsheet AI for automated workflows and content generation), deepening enterprise market penetration, and international expansion.
NYSE-listed (ASAN) work management platform at $725M revenue serving 85%+ of Fortune 100; Asana AI project management competing with Monday.com and Notion for team coordination software.
About
Asana is a San Francisco-based work management platform — listed on NYSE (NYSE: ASAN) — providing project management, task tracking, and team coordination software that organizations use to plan, assign, and monitor work across marketing, product, operations, and cross-functional teams. Founded in 2008 by Facebook co-founder Dustin Moskovitz and Justin Rosenstein and generating $725.2 million in revenue in fiscal year 2025, Asana serves 150,000+ paying customers including 85%+ of the Fortune 100 with work management infrastructure that replaces email threads, disconnected spreadsheets, and status meeting overhead for coordinating team work.
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