Smartsheet (SMAR) 10-Q 12 Jun 18 2019 Q1 Quarterly report Financial data

DEI Document

DEI Document - shares	3 Months Ended
	Apr. 30, 2018	Jun. 08, 2018
Document Information [Abstract]
Document Type	10-Q
Document Fiscal Year Focus	2,019
Amendment Flag	false
Document Period End Date	Apr. 30, 2018
Document Fiscal Period Focus	Q1
Entity Registrant Name	Smartsheet Inc.
Entity Central Index Key	1,366,561
Current Fiscal Year End Date	--01-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		102,553,720

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2018	Apr. 30, 2017
Revenue
Revenues	$ 36,319	$ 22,236
Cost of revenue
Subscription	4,236	2,989
Professional services	3,087	1,508
Total cost of revenue	7,323	4,497
Gross profit	28,996	17,739
Operating expenses
Research and development	12,844	6,508
Sales and marketing	22,384	14,749
General and administrative	6,798	3,679
Total operating expenses	42,026	24,936
Loss from operations	(13,030)	(7,197)
Interest income (expense) and other, net	(1,300)	13
Net loss	$ (14,330)	$ (7,184)
Net loss per share, basic and diluted (in dollars per share)	$ (0.68)	$ (0.44)
Weighted-average shares outstanding used to compute net loss per share attributable to common shareholders, basic and diluted (in shares)	21,008	16,478
Subscription
Revenue
Revenues	$ 32,057	$ 20,375
Professional services
Revenue
Revenues	$ 4,262	$ 1,861

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Loss (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2018	Apr. 30, 2017
Statement of Comprehensive Income [Abstract]
Net loss	$ (14,330)	$ (7,184)
Other comprehensive loss:
Net unrealized loss on available-for-sale securities	0	(1)
Comprehensive loss	$ (14,330)	$ (7,185)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2018	Jan. 31, 2018
Current assets
Cash and cash equivalents	$ 49,657	$ 58,158
Accounts receivable, net of allowances of $558 and $457 at April 30, 2018 and January 31, 2018, respectively	18,188	14,870
Prepaid expenses and other current assets	5,122	4,628
Total current assets	72,967	77,656
Long-term assets
Restricted cash	2,321	2,901
Deferred commissions	17,988	15,291
Property and equipment, net	16,632	17,237
Intangible assets, net	1,420	1,547
Goodwill	445	445
Other long-term assets	3,262	1,527
Total assets	115,035	116,604
Current liabilities
Accounts payable	2,911	2,641
Accrued compensation and related benefits	11,112	13,253
Other accrued liabilities	4,629	3,061
Capital lease payable	2,878	2,833
Deferred revenue	66,214	57,102
Total current liabilities	87,744	78,890
Capital lease payable, non-current	2,909	3,713
Deferred revenue, non-current	127	179
Convertible preferred stock warrant liability	2,598	1,272
Other long-term liabilities	517	604
Total liabilities	93,895	84,658
Commitments and contingencies (Note 13)
Convertible preferred stock	112,687	112,687
Shareholders’ deficit:
Common stock	0	0
Additional paid-in capital	29,414	25,892
Accumulated deficit	(120,961)	(106,633)
Total shareholders’ deficit	(91,547)	(80,741)
Total liabilities, convertible preferred stock and shareholders’ deficit	115,035	116,604
Common Class A
Shareholders’ deficit:
Common stock	0	0
Common Class B
Shareholders’ deficit:
Common stock	$ 0	$ 0

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Apr. 30, 2018	Jan. 31, 2018
Accounts receivable, allowances	$ 588	$ 457
Preferred stock authorized (in shares)	67,756,647	67,756,647
Preferred stock issued (in shares)	67,619,377	67,619,377
Preferred stock outstanding (in shares)	67,619,377	67,619,377
Preferred stock liquidation preference	$ 113,217	$ 113,217
Common stock authorized (in shares)	0	107,679,381
Common stock issued (in shares)	0	20,280,741
Common stock outstanding (in shares)	0	20,280,741
Common Class A
Common stock authorized (in shares)	112,979,381	0
Common stock issued (in shares)	0	0
Common stock outstanding (in shares)	0	0
Common Class B
Common stock authorized (in shares)	112,979,381,000	0
Common stock issued (in shares)	22,040,029,000	0
Common stock outstanding (in shares)	22,040,029,000	0

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2018	Apr. 30, 2017
Cash flows from operating activities
Net loss	$ (14,330)	$ (7,184)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Share-based compensation expense	1,842	545
Remeasurement of convertible preferred stock warrant liability	1,326	0
Depreciation of property and equipment	1,488	743
Amortization of deferred commission costs	1,997	829
Amortization of intangible assets	127	3
Amortization of premiums, accretion of discounts and gain on investments	0	18
Unrealized foreign exchange (gain) loss	61	0
Changes in operating assets and liabilities:
Accounts receivable	(3,352)	(5,767)
Prepaid expenses and other current assets	(956)	(237)
Other long-term assets	(240)	(8)
Accounts payable	237	(2)
Other accrued liabilities	1,508	793
Accrued compensation and related benefits	(2,141)	(234)
Deferred commissions	(4,694)	(2,865)
Other long-term liabilities	(87)	16
Deferred revenue	9,060	8,099
Net cash provided by (used in) operating activities	(8,154)	(5,251)
Cash flows from investing activities
Purchases of property and equipment	(497)	(1,304)
Capitalized internal-use software development costs	(313)	(710)
Proceeds from maturity of investments	0	4,622
Net cash provided by (used in) investing activities	(810)	2,608
Cash flows from financing activities
Payments on principal of capital leases	(759)	(485)
Payments of deferred offering costs	(1,495)	0
Proceeds from exercise of stock options	2,162	515
Net cash provided by (used in) financing activities	(92)	30
Effect of foreign exchange on cash, cash equivalents, and restricted cash	(25)	0
Net increase (decrease) in cash, cash equivalents, and restricted cash	(9,081)	(2,613)
Cash, cash equivalents, and restricted cash
Beginning of period	61,059	24,013
End of period	51,978	21,400
Supplemental disclosures
Cash paid for interest	81	75
Accrued purchases of property and equipment (inclusive of capitalized internal-use software)	474	156
Deferred offering costs, accrued but not yet paid	$ 883	$ 0

Overview and Basis of Presentat

Overview and Basis of Presentation	3 Months Ended
	Apr. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview and Basis of Presentation	Overview and Basis of Presentation Description of business Smartsheet Inc. (the “Company,” “we,” “our”) was incorporated in the State of Washington in 2005, and is headquartered in Bellevue, Washington. The Company is a leading cloud-based platform for work execution, enabling teams and organizations to plan, capture, manage, automate, and report on work at scale. Customers access their accounts online via a web-based interface or a mobile application. Some customers also purchase the Company ’ s professional services, which primarily consist of consulting and training services. Basis of presentation The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in th e United States of America (“GAAP”) , and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The condensed consolidated balance sheet as of January 31, 2018 was derived from the audited consolidated financial statements as of that date but does not include all of the information and notes required by GAAP for complete financial statements. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the related notes thereto as of and for the year ended January 31, 2018, included in our final prospectus related to our initial public offering (“IPO”) dated April 27, 2018 (“Prospectus”), filed with the SEC pursuant to Rule 424 (b) under the Securities Act of 1933, as amended, (“the Securities Act”). The condensed consolidated financial statements include the results of Smartsheet Inc. and its wholly owned subsidiaries, which are located in the United States and the United Kingdom. All intercompany balances have been eliminated upon consolidation. In the opinion of management, the information contained herein reflects all adjustments necessary for a fair presentation of our results of operations, financial position, and cash flows. All such adjustments are of a normal, recurring nature. The results of operations for the three months ended April 30, 2018 are not necessarily indicative of results to be expected for the full year ending January 31, 2019 or for any other interim period, or for any future year. Use of estimates The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. The Company bases its estimates on historical experience and on other assumptions that its management believes are reasonable under the circumstances. Actual results could differ from those estimates. The Company’s most significant estimates and judgments involve revenue recognition with respect to the allocation of transaction consideration for the Company’s offerings; determination of the amortization period for capitalized sales commission costs; valuation of the Company’s share-based compensation, including the underlying deemed fair value of common stock (prior to the closing of the IPO); useful lives of property and equipment, including useful lives of internal-use software development costs; calculation of allowance for doubtful accounts; inputs in revaluation of convertible preferred stock warrant; and valuation of deferred income tax assets and uncertain tax positions, among others . Dual class common stock structure In April 2018, we implemented a dual class common stock structure, authorizing for issuance 112,979,381 shares of each Class A and Class B common stock. Upon establishment of the dual class common stock structure, (1) each then existing share of common stock converted into a share of Class B common stock, (2) a warrant to purchase shares of preferred stock convertible into common stock became a warrant to purchase shares of preferred stock convertible into shares of Class B common stock, (3) all shares of convertible preferred stock then outstanding became convertible into Class B common stock subject to the same rules and conditions as the previously existing convertible preferred stock, (4) all outstanding options to purchase common stock became options to purchase an equivalent number of shares of Class B common stock, and (5) all restricted stock units (“RSUs”) became RSUs for an equivalent number of shares of Class B common stock. The Class A common stock is entitled to one vote per share and the Class B common stock is entitled to ten votes per share. The Class A common stock and Class B common stock have the same dividend and liquidation rights. The Class B common stock converts to Class A common stock at any time at the option of the holder, or automatically upon the date that is the earliest of (i) the date which is seven years from the effective date of the IPO (April 26, 2025), (ii) the date on which the outstanding shares of Class B common stock represent less than 15% of the aggregate number of shares of common stock then outstanding, (iii) the date specified by a vote of the holders of not less than a majority of the outstanding shares of Class B common stock, voting separately as a single class. In addition, each share of Class B common stock will convert automatically into one share of Class A common stock upon any transfer, except for certain permitted transfers described in our restated certificate of incorporation filed with the state of Washington on April 9, 2018. Refer to Note 15 in the condensed consolidated financial statements contained within this Quarterly Report on Form 10-Q for information on additional changes to our equity structure, which took place upon the closing of the IPO on May 1, 2018.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Apr. 30, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Segment information The Company operates as one operating segment. The Company’s chief operating decision maker is its Chief Executive Officer, who reviews financial information for purposes of making operating decisions, assessing financial performance, and allocating resources. Restricted cash Restricted cash as of April 30, 2018 consisted of $1.8 million related to collateral for a new irrevocable letter of credit (entered into during the three months ended April 30, 2018) for additional office space in Bellevue, and $0.5 million primarily related to security deposits for the Company’s Bellevue and Boston leases. Restricted cash as of January 31, 2018 consisted of $2.4 million related to collateral for irrevocable letters of credit and $0.5 million related to security deposits. The letters of credit that were outstanding as of January 31, 2018 were still in effect as of April 30, 2018; however, the requirement to maintain $2.4 million in cash collateral for those letters of credit was removed during the three months ended April 30, 2018, and the restricted cash balance was reduced by this amount. Cash as reported on the condensed consolidated statements of cash flows includes the aggregate amounts of cash and cash equivalents and restricted cash as shown on the condensed consolidated balance sheets. Cash as reported on the condensed consolidated statements of cash flows consists of the following (in thousands): As of April 30, 2018 2017 Cash and cash equivalents $ 49,657 $ 19,300 Restricted cash 2,321 2,100 Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows $ 51,978 $ 21,400 Deferred offering costs Deferred offering costs consist primarily of legal, accounting, and other fees related to the IPO. The deferred offering costs will be offset against proceeds upon the closing of the IPO on May 1, 2018. As of April 30, 2018 and January 31, 2018, the Company capitalized $3.2 million and $1.5 million of deferred offering costs , respectively, which are included in other long-term assets in the accompanying condensed consolidated balance sheets. Convertible preferred stock warrant liability The Company classifies its warrant to purchase convertible preferred stock as a liability. The Company adjusts the carrying valu e of the warrant liability to fair value at the end of each reporting period utilizing the Black-Scholes option pricing model . The convertible preferred stock warrant liability is included on the Company’s condensed consolidated balance sheets and its revaluation is recorded as an expense in interest income (expense) and other, net. Upon the closing of the IPO on May 1, 2018, the related warrant liability will be reclassified to additional paid-in capital. Recently adopted accounting pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2016‑09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, (“ASU 2016‑09”) , which simplifies the accounting and reporting of share-based payment transactions, including adjustments to how excess tax benefits and payments for tax withholdings should be classified and provides the election to eliminate the estimate for forfeitures. The Company adopted this ASU effective February 1, 2018. The adoption resulted in the recognition of a U.S. deferred tax asset, which was fully offset by a corresponding increase to the valuation allowance on our U.S. federal and state deferred income tax assets, and therefore did not have a material impact on our condensed consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”), which aims to reduce the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 requires adoption on a retrospective basis unless it is impracticable to apply, in which case the Company would be required to apply the amendments prospectively as of the earliest date practicable. The Company adopted this ASU effective February 1, 2018. The adoption of this ASU did not have a material effect on the Company’s condensed consolidated financial statements. In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (“ASU 2016-18”). This guidance is intended to clarify how entities present restricted cash in the statement of cash flows. The guidance requires entities to show the changes in the total of cash, cash equivalents, and restricted cash in the statement of cash flows. When cash, cash equivalents, and restricted cash are presented in more than one line item on the balance sheet, the new guidance requires a reconciliation of the totals in the statement of cash flows to the related captions in the balance sheet. The reconciliation can be presented either on the face of the statement of cash flows or in the notes to the consolidated financial statements. ASU 2016-18 is effective for fiscal years beginning after December 15, 2018, but early adoption is permitted. The Company early adopted this ASU effective February 1, 2018, retrospectively applying the new guidance to the comparative period presented in our condensed consolidated statements of cash flows. As a result of the adoption of this ASU, because movements to and from cash and restricted cash are no longer shown separately on the condensed consolidated statements of cash flows, the Company’s cash provided from investing activities increased by $0.2 million for the three months ended April 30, 2017. In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, which simplifies the measurement of goodwill impairment. Under this new guidance, an impairment charge, if triggered, is calculated as the difference between a reporting unit’s carrying value and fair value, but it is limited to the carrying value of goodwill. The guidance is effective prospectively for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019 and early adoption is permitted. The Company early adopted this guidance effective February 1, 2018 and will apply the new guidance when it evaluates goodwill for impairment during the three months ending October 31, 2018. In May 2017, the FASB issued ASU 2017-09, Compensation-Stock Compensation (Topic 718): Scope of Modification Accounting , which clarifies when changes to the terms or conditions of a share-based payment award must be accounted for as modifications. The guidance is effective prospectively for interim and annual periods beginning after December 15, 2017 and early adoption is permitted. The Company adopted this guidance effective February 1, 2018. The adoption of this ASU did not have a material effect on the Company’s condensed consolidated financial statements. Recent accounting pronouncements not yet adopted In February 2016, the FASB issued ASU 2016-02, Leases: Topic (842) and has modified the standard thereafter. This standard requires the recognition of a right-of-use asset and lease liability on the balance sheet for all leases. This standard also requires more detailed disclosures to enable users of financial statements to understand the amount, timing, and uncertainty of cash flows arising from leases. This guidance is effective for interim and annual reporting periods beginning after December 15, 2018 and should be applied through a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, and early adoption is permitted. The Company expects to adopt this guidance on February 1, 2019. The Company anticipates this standard will have a material impact on the Company’s financial position, primarily due to the office space operating leases, as the Company will be required to recognize lease assets and lease liabilities on the balance sheet. The Company continues to assess the potential impacts of this standard, including the impact the adoption of this guidance will have on its results of operations or cash flows, if any.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	3 Months Ended
	Apr. 30, 2018
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers During the three months ended April 30, 2018 and 2017, the Company recognized $23.9 million and $13.8 million of subscription revenue, respectively, and $0.9 million and $0.5 million of professional services revenue, respectively, which were included in the deferred revenue balance as of January 31, 2018 and 2017, respectively. As of April 30, 2018, the Company’s total deferred revenue balance was $66.3 million , of which $64.8 million represented deferred balances for subscription revenue and $1.5 million represented deferred balances for professional services revenue. Of total deferred revenue, $66.2 million is expected to be recognized as revenue over the next 12 months.

Deferred Commissions

Deferred Commissions	3 Months Ended
	Apr. 30, 2018
Revenue Recognition and Deferred Revenue [Abstract]
Deferred Commissions	Deferred Commissions Deferred commissions were $18.0 million as of April 30, 2018 and $15.3 million as of January 31, 2018. Amortization expense for deferred commissions was $2.0 million and $0.8 million for the three months ended April 30, 2018 and 2017, respectively. Deferred commissions are amortized over a period of three years and the amortization expense is recorded in sales and marketing on the Company’s condensed consolidated statements of operations.

Net Loss Per Share

Net Loss Per Share	3 Months Ended
	Apr. 30, 2018
Earnings Per Share [Abstract]
Net Loss Per Share	Net Loss Per Share The following table presents the calculations for basic and diluted net loss per share (in thousands, except per share data): Three Months Ended April 30, 2018 2017 Numerator: Net loss $ (14,330 ) $ (7,184 ) Denominator: Weighted-average common shares outstanding 21,008 16,478 Net loss per share, basic and diluted $ (0.68 ) $ (0.44 ) The following outstanding shares of common stock equivalents (in thousands) as of the periods presented were excluded from the computation of diluted net loss per share attributable to common shareholders for the periods presented because the impact of including them would have been anti-dilutive: April 30, 2018 2017 Convertible preferred shares (as converted) 68,480 62,145 Convertible preferred stock warrant 137 137 Shares subject to outstanding common stock awards 15,656 13,742 Total potentially dilutive shares 84,273 76,024

Investments

Investments	3 Months Ended
	Apr. 30, 2018
Investments, Debt and Equity Securities [Abstract]
Investments	Investments As of April 30, 2018 and January 31, 2018, the Company did no t hold any available-for-sale investments.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Assets and liabilities recorded at fair value in the condensed consolidated financial statements are categorized based upon the level of judgment associated with the inputs used to measure their fair value. The lowest level of significant input determines the placement of the fair value measurement within the following hierarchal levels: • Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2: Observable inputs, other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. • Level 3: Unobservable inputs that are supported by little or no market activity. The following tables present information about the Company’s financial assets and liabilities that are measured at fair value and indicates the fair value hierarchy of the valuation inputs used (in thousands) as of: April 30, 2018 Level 1 Level 2 Level 3 Total Assets: Cash equivalents: Money market funds $ 41,357 $ — $ — $ 41,357 Restricted cash: Certificates of deposit — 1,750 — 1,750 Total assets $ 41,357 $ 1,750 $ — $ 43,107 Liabilities: Convertible preferred stock warrant liability $ — $ 2,598 $ — $ 2,598 January 31, 2018 Level 1 Level 2 Level 3 Total Assets: Cash equivalents: Money market funds $ 55,702 $ — $ — $ 55,702 Liabilities: Convertible preferred stock warrant liability $ — $ — $ 1,272 $ 1,272 The carrying amounts of certain financial instruments, including cash held in banks, accounts receivable, and accounts payable, approximate fair value due to their short-term maturities and are excluded from the fair value table above. It is the Company’s policy to recognize transfers of assets and liabilities between levels of the fair value hierarchy at the end of a reporting period. The Company does not transfer out of Level 3 and into Level 2 until such time as observable inputs become available and reliable. At April 30, 2018 we transferred $2.6 million related to the Company’s Series C convertible preferred stock warrant out of our Level 3 liabilities and into our Level 2 liabilities. The Series C convertible preferred stock warrant liability was estimated using assumptions related to the remaining contractual term of the warrant, the risk-free interest rate, the volatility of comparable public companies over the remaining term, and the fair value of underlying shares. The significant unobservable input used in the fair value measurement of the Series C convertible preferred stock warrant liability as of January 31, 2018 was the fair value of the underlying stock at the valuation date. On April 27, 2018, the right to convert the preferred stock warrant was contingently exercised by the holder and settlement occurred with the closing of the IPO on May 1, 2018 (see Note 10). As of April 30, 2018, the underlying stock price and term were observable and the instrument was therefore transferred to a Level 2 classification category. There were no other transfers in or out of our Level 1, 2, or 3 assets or liabilities during the three months ended April 30, 2018. Changes in fair value of our level 3 financial liabilities were as follows (in thousands): Balance as of January 31, 2018 1,272 Increase in fair value of convertible preferred stock warrant 1,326 Transfer out of Level 3 (2,598 ) Balance as of April 30, 2018 $ —

Goodwill and Net Intangible Ass

Goodwill and Net Intangible Assets	3 Months Ended
	Apr. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Net Intangible Assets	Goodwill and Net Intangible Assets On December 28, 2017, Smartsheet Inc. purchased 100% of the issued and outstanding capital stock of Converse.AI, Inc. (“Converse.AI”) in an all cash transaction. As a result of this acquisition, the Company recorded goodwill of $0.4 million and identifiable intangible assets of $1.4 million. There were no changes in the carrying amount of goodwill or measurement period adjustments during the three months ended April 30, 2018. The following table presents the components of net intangible assets (in thousands) as of: April 30, January 31, 2018 2018 Acquired software technology $ 1,366 $ 1,366 Acquired customer relationships 70 70 Patents 170 170 Domain name 13 13 Total intangible assets 1,619 1,619 Less: accumulated amortization (199 ) (72 ) Total intangible assets, net $ 1,420 $ 1,547 Amortization expense was $127 thousand and $3 thousand for the three months ended April 30, 2018 and 2017, respectively.

Convertible Preferred Stock

Convertible Preferred Stock	3 Months Ended
	Apr. 30, 2018
Equity [Abstract]
Convertible Preferred Stock	Convertible Preferred Stock As of April 30, 2018 and January 31, 2018, convertible preferred stock was as follows: Series Shares Authorized Shares Issued and Outstanding Aggregate Liquidation Preference (in thousands) Carrying Value (in thousands) Liquidation Preference Prices per Share Conversion Price per Share Annual Dividend per Share (if declared) Liquidation Participation Cap per Share A 6,075,000 6,075,000 $ 486 $ 480 $ 0.08 $ 0.08 $ 0.0064 $ 0.16 A-1 500,000 500,000 80 80 0.16 0.16 0.0128 0.32 A-2 2,750,000 2,750,000 550 550 0.20 0.195434 0.016 0.40 A-3 2,000,000 2,000,000 500 500 0.25 0.23685 0.02 0.50 A-4 9,859,270 9,859,270 2,751 2,751 0.279 0.260872 0.0224 0.558 Total Series A 21,184,270 21,184,270 $ 4,367 $ 4,361 B 7,208,430 7,208,430 1,250 1,218 0.173408 0.173408 0.0138 0.346816 C 5,284,990 5,147,720 $ 1,500 $ 1,476 0.29139 0.29139 0.0234 0.58278 C-1 1,531,580 1,531,580 1,000 977 0.65292 0.65292 0.0522 1.30584 Total Series C 6,816,570 6,679,300 $ 2,500 $ 2,453 D 14,780,400 14,780,400 $ 17,500 $ 17,342 1.184 1.184 0.0948 N/A E 11,432,303 11,432,303 $ 35,000 $ 34,886 3.0615 3.0615 0.2449 N/A F 6,334,674 6,334,674 $ 52,600 $ 52,427 $ 8.3035 $ 8.3035 $ 0.66428 N/A Total all series 67,756,647 67,619,377 $ 113,217 $ 112,687 Immediately prior to the closing of the IPO on May 1, 2018, all shares of our outstanding convertible preferred stock automatically converted into an aggregate of 68.5 million shares of Class B common stock.

Convertible Preferred Stock War

Convertible Preferred Stock Warrant	3 Months Ended
	Apr. 30, 2018
Equity [Abstract]
Convertible Preferred Stock Warrant	Convertible Preferred Stock Warrant In 2011, the Company issued a warrant to purchase 137,270 shares of Series C convertible preferred stock in c onnection with a loan and security agreeme nt with Silicon Valley Bank (“SVB”). The warrant had a 10 -year term and an exercise price of $0.29139 per share. The fair value was determined using the Black-Scholes model and was $2.6 million and $1.3 million as of April 30, 2018 and January 31, 2018, respectively. This warrant is subject to remeasurement at each reporting period. On April 27, 2018, SVB contingently exercised its right to convert the preferred stock warrant in a “net exercise,” under which the number of issuable shares was reduced by the number of shares with an aggregate fair market value equal to the exercise price of the warrant, resulting in 2,667 shares surrendered and 134,603 shares offered in the IPO. The exercise and settlement of the underlying shares were conditional and were not executed until the closing of the IPO on May 1, 2018.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Apr. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Share-Based Compensation The Company has issued incentive and non-qualifying stock options to employees and non-employees under the 2005 Stock Option/Restricted Stock Plan (the “2005 Plan”), the 2015 Equity Incentive Plan (the “2015 Plan”), and the 2018 Equity Incentive Plan (the “2018 Plan”). The Company has also issued RSUs to employees pursuant to the 2015 Plan and the 2018 Plan. As of April 30, 2018 and January 31, 2018, an aggregate of 0 and 296,178 , respectively, shares of common stock were available for issuance under the 2015 Plan. As of April 30, 2018 and January 31, 2018, an aggregate of 8,361,987 and 0 , respectively, shares of common stock were available for issuance under the 2018 Plan. Stock options are granted with exercise prices at the fair value of the underlying common stock on the grant date, and in general vest based on continuous employment over four years, and expire 10 years from the date of grant. RSUs are measured based on the grant date fair value of the awards, and in general vest based on continuous employment over four years and expire 10 years from the date of grant. Share-based compensation expense Share-based compensation expense included in the condensed consolidated statements of operations was as follows (in thousands): Three Months Ended April 30, 2018 2017 Cost of subscription revenue $ 34 $ 9 Cost of professional services revenue 47 12 Research and development 665 149 Sales and marketing 514 198 General and administrative 582 177 Total share-based compensation $ 1,842 $ 545 Stock options The following table includes a summary of the option activity during the three months ended April 30, 2018: Options Outstanding Weighted-Average Exercise Price Outstanding at January 31, 2018 13,355,439 $ 2.91 Granted 4,042,420 10.16 Exercised and awarded (1,759,288 ) 0.96 Forfeited or canceled (182,729 ) 4.51 Outstanding at April 30, 2018 15,455,842 5.01 Exercisable at April 30, 2018 4,740,226 1.97 Restricted stock units The following table includes a summary of the RSU activity during the three months ended April 30, 2018: Number of Shares Underlying Outstanding RSUs Weighted-Average Grant-Date Fair Value per RSU Outstanding at January 31, 2018 130,000 $ 9.45 Granted 70,000 15.00 Vested — — Forfeited or canceled — — Outstanding at April 30, 2018 200,000 11.39 2018 Employee Stock Purchase Plan In April 2018, we adopted our 2018 Employee Stock Purchase Plan (“ESPP”). The ESPP became effective on April 26, 2018, with the effective date of our IPO. Our ESPP is intended to qualify as an employee stock purchase plan under Section 423 of the Internal Revenue Code of 1986, as amended. Purchases will be accomplished through participation in discrete offering periods. The first offering and purchase period began on April 27, 2018 and will end on September 24, 2018 (or such other date determined by our board of directors or our compensation committee). Under our ESPP, eligible employees will be able to acquire shares of our common stock by accumulating funds through payroll deductions. Our employees generally are eligible to participate in our ESPP if they are employed by us for at least 20 hours per week and more than five months in a calendar year. Employees who are 5% shareholders, or would become 5% shareholders as a result of their participation in our ESPP, are ineligible to participate in our ESPP. We may impose additional restrictions on eligibility. Our eligible employees are able to select a rate of payroll deduction between 1% and 15% of their compensation. The purchase price for shares of our common stock purchased under our ESPP is 85% of the lesser of the fair market value of our common stock on (i) the first trading day of the applicable offering period or (ii) the last trading day of the purchase period in the applicable offering period. No participant has the right to purchase shares of our common stock in an amount, when aggregated with purchase rights under all of our employee stock purchase plans that are also in effect in the same calendar year(s), that has a fair market value of more than $25,000 , determined as of the first day of the applicable purchase period, for each calendar year in which that right is outstanding. In addition, no participant is permitted to purchase more than 2,500 shares during any one purchase period or such lesser amount determined by our compensation committee or our board of directors. An employee’s participation automatically ends upon termination of employment for any reason. We initially reserved 2,040,000 shares of our Class A common stock for sale under our ESPP. The aggregate number of shares reserved for sale under our ESPP will increase automatically on February 1 of each of the first 10 calendar years after the first offering date under the ESPP by the number of shares equal to 1% of the total outstanding shares of our Class A common stock and Class B common stock as of the immediately preceding January 31 (rounded to the nearest whole share) or such lesser number of shares as may be determined by our board of directors in any particular year. The aggregate number of shares issued over the term of our ESPP, subject to stock-splits, recapitalizations or similar events, may not exceed 20,400,000 shares of our Class A common stock. There was no significant share-based compensation expense recorded to our condensed consolidated statement of operations for the three months ended April 30, 2018 related to the ESPP.

Income Taxes

Income Taxes	3 Months Ended
	Apr. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The income tax provision for interim tax periods is generally determined using an estimate of the Company’s annual effective tax rate, excluding jurisdictions for which no tax benefit can be recognized due to valuation allowances, and adjusted for discrete tax items in the period. Each quarter the Company updates its estimate of the annual effective tax rate and makes a cumulative adjustment if the estimated annual tax rate has changed. The Company’s effective tax rate generally differs from the U.S. federal statutory tax rate primarily due to a full valuation allowance related to the Company’s U.S. federal, state and foreign deferred tax assets and non-deductible share-based compensation. The Company did no t record a provision for income taxes for the three months ended April 30, 2018.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Apr. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Leases The Company has operating lease agreements for office spaces in Bellevue and Boston. The Bellevue lease agreements have various expiration dates through October 2026, and the Boston lease agreements end in July 2025. Rent expense and related operating expenses for leased areas totaled $1.5 million and $0.9 million for the three months ended April 30, 2018 and 2017, respectively. During the year ended January 31, 2017, the Company entered into a capital lease agreement for data center equipment. The total amount of the lease, including taxes, is $6.0 million . The effective interest rate on the lease is 5.3% , paid over 42 months. During the year ended January 31, 2018, the Company entered into two capital lease agreements for data center equipment, which totaled $3.1 million, including taxes. The effective interest rates on the leases range from 5.0% to 5.1% , each paid over 36 months. As of April 30, 2018, future minimum annual lease payments (in thousands) related to the lease agreements mentioned above were as follows: Operating Leases Capital Leases Total Remainder of 2019 $ 4,781 $ 2,303 $ 7,084 2020 8,658 3,103 11,761 2021 9,265 817 10,082 2022 9,500 — 9,500 2023 9,745 — 9,745 Thereafter 22,926 — 22,926 Total minimum lease payments $ 64,875 $ 6,223 $ 71,098 Less: amount representing maintenance and support costs $ (153 ) Net minimum lease payments 6,070 Less: amount representing interest (283 ) Present value of minimum lease payments $ 5,787 As of April 30, 2018 and January 31, 2018, we had collateralized letters of credit totaling $1.8 million and $2.4 million , respectively, related to the Company’s Bellevue and Boston leases, and $0.5 million and $0.5 million , respectively, related to security deposits for the Company’s leases. The amounts will decrease to $0 over the lease periods. Legal matters From time to time in the normal course of business, the Company may be subject to various legal matters such as threatened or pending claims or proceedings. We are not currently a party to any material legal proceedings or claims, nor are we aware of any pending or threatened litigation or claims that could have a material adverse effect on our business, operating results, cash flows, or financial condition should such litigation or claim be resolved unfavorably.

Geographic Information

Geographic Information	3 Months Ended
	Apr. 30, 2018
Segment Reporting [Abstract]
Geographic Information	Geographic Information Revenue by geographic location is determined by the location of the Company’s customers. The following table sets forth revenue (in thousands) by geographic area: Three Months Ended April 30, 2018 2017 United States $ 27,139 $ 15,964 EMEA 4,483 3,089 Asia Pacific 2,818 1,912 Americas other than the United States 1,879 1,271 Total $ 36,319 $ 22,236 No individual country other than the United States contributed more than 10% of total revenue during any of the periods presented. Property and equipment by geographic location is based on the location of the legal entity that owns the asset. As of April 30, 2018 and April 30, 2017 , there was no significant property and equipment owned by the Company outside of the United States.

Subsequent Events

Subsequent Events	3 Months Ended
	Apr. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events The Company has evaluated subsequent events through June 12, 2018. On May 1, 2018, we completed our IPO in which we issued and sold 11,745,088 shares of Class A common stock, inclusive of the over-allotment, at a public offering price of $15.00 per share. We received net proceeds of $160.6 million after deducting underwriting discounts and commissions of $12.3 million and other estimated issuance costs of $3.2 million , of which $2.3 million were paid as of April 30, 2018 and therefore are not included in the pro forma adjustment to cash below. Immediately prior to the closing of the IPO, all shares of our convertible preferred stock automatically converted into an aggregate of 68.5 million shares of Class B common stock. In addition, we authorized for future issuance a total of 500 million shares of each Class A and Class B common stock, and 10 million shares of preferred stock. The pro forma balance sheet data in the table below reflects the sale of Class A common stock, including the underwriter’s exercise of their option to purchase additional shares of our Class A common stock, after deducting the underwriting discounts and commissions and our estimated offering expenses. In addition, the pro forma balance sheet reflects the automatic conversion of all of our outstanding shares of convertible preferred stock into shares of our Class B common stock, which occurred immediately prior to the closing of the IPO on May 1, 2018. Historical as of April 30, 2018 Pro Forma Adjustments Pro Forma as of April 30, 2018 (in thousands) Assets Total current assets $ 72,967 $ 162,961 $ 235,928 Total long-term assets 42,068 (3,206 ) 38,862 Total assets 115,035 159,755 274,790 Liabilities, convertible preferred stock and shareholders’ equity (deficit) Total liabilities 93,895 (3,481 ) 90,414 Convertible preferred stock 112,687 (112,687 ) — Additional paid-in capital 29,414 275,923 305,337 Accumulated deficit (120,961 ) — (120,961 ) Total shareholders’ equity (deficit) (91,547 ) 275,923 184,376 Total liabilities, convertible preferred stock and shareholders’ equity (deficit) $ 115,035 $ 159,755 $ 274,790

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Apr. 30, 2018
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The accompanying unaudited condensed consolidated financial statements have been prepared in conformity with accounting principles generally accepted in th e United States of America (“GAAP”) , and applicable rules and regulations of the Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The condensed consolidated balance sheet as of January 31, 2018 was derived from the audited consolidated financial statements as of that date but does not include all of the information and notes required by GAAP for complete financial statements. Certain information and note disclosures normally included in the financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Therefore, these condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the related notes thereto as of and for the year ended January 31, 2018, included in our final prospectus related to our initial public offering (“IPO”) dated April 27, 2018 (“Prospectus”), filed with the SEC pursuant to Rule 424 (b) under the Securities Act of 1933, as amended, (“the Securities Act”). The condensed consolidated financial statements include the results of Smartsheet Inc. and its wholly owned subsidiaries, which are located in the United States and the United Kingdom. All intercompany balances have been eliminated upon consolidation. In the opinion of management, the information contained herein reflects all adjustments necessary for a fair presentation of our results of operations, financial position, and cash flows. All such adjustments are of a normal, recurring nature. The results of operations for the three months ended April 30, 2018 are not necessarily indicative of results to be expected for the full year ending January 31, 2019 or for any other interim period, or for any future year.
Use of estimates	Use of estimates The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting periods. The Company bases its estimates on historical experience and on other assumptions that its management believes are reasonable under the circumstances. Actual results could differ from those estimates. The Company’s most significant estimates and judgments involve revenue recognition with respect to the allocation of transaction consideration for the Company’s offerings; determination of the amortization period for capitalized sales commission costs; valuation of the Company’s share-based compensation, including the underlying deemed fair value of common stock (prior to the closing of the IPO); useful lives of property and equipment, including useful lives of internal-use software development costs; calculation of allowance for doubtful accounts; inputs in revaluation of convertible preferred stock warrant; and valuation of deferred income tax assets and uncertain tax positions, among others .
Segment information	Segment information The Company operates as one operating segment. The Company’s chief operating decision maker is its Chief Executive Officer, who reviews financial information for purposes of making operating decisions, assessing financial performance, and allocating resources.
Restricted cash	Restricted cash Restricted cash as of April 30, 2018 consisted of $1.8 million related to collateral for a new irrevocable letter of credit (entered into during the three months ended April 30, 2018) for additional office space in Bellevue, and $0.5 million primarily related to security deposits for the Company’s Bellevue and Boston leases. Restricted cash as of January 31, 2018 consisted of $2.4 million related to collateral for irrevocable letters of credit and $0.5 million related to security deposits. The letters of credit that were outstanding as of January 31, 2018 were still in effect as of April 30, 2018; however, the requirement to maintain $2.4 million in cash collateral for those letters of credit was removed during the three months ended April 30, 2018, and the restricted cash balance was reduced by this amount. Cash as reported on the condensed consolidated statements of cash flows includes the aggregate amounts of cash and cash equivalents and restricted cash as shown on the condensed consolidated balance sheets.
Deferred offering costs	Deferred offering costs Deferred offering costs consist primarily of legal, accounting, and other fees related to the IPO. The deferred offering costs will be offset against proceeds upon the closing of the IPO on May 1, 2018. As of April 30, 2018 and January 31, 2018, the Company capitalized $3.2 million and $1.5 million of deferred offering costs , respectively, which are included in other long-term assets in the accompanying condensed consolidated balance sheets.
Convertible preferred stock warrant liability	Convertible preferred stock warrant liability The Company classifies its warrant to purchase convertible preferred stock as a liability. The Company adjusts the carrying valu e of the warrant liability to fair value at the end of each reporting period utilizing the Black-Scholes option pricing model . The convertible preferred stock warrant liability is included on the Company’s condensed consolidated balance sheets and its revaluation is recorded as an expense in interest income (expense) and other, net. Upon the closing of the IPO on May 1, 2018, the related warrant liability will be reclassified to additional paid-in capital.
Recently adopted accounting pronouncements	Recently adopted accounting pronouncements In March 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2016‑09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, (“ASU 2016‑09”) , which simplifies the accounting and reporting of share-based payment transactions, including adjustments to how excess tax benefits and payments for tax withholdings should be classified and provides the election to eliminate the estimate for forfeitures. The Company adopted this ASU effective February 1, 2018. The adoption resulted in the recognition of a U.S. deferred tax asset, which was fully offset by a corresponding increase to the valuation allowance on our U.S. federal and state deferred income tax assets, and therefore did not have a material impact on our condensed consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (“ASU 2016-15”), which aims to reduce the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 requires adoption on a retrospective basis unless it is impracticable to apply, in which case the Company would be required to apply the amendments prospectively as of the earliest date practicable. The Company adopted this ASU effective February 1, 2018. The adoption of this ASU did not have a material effect on the Company’s condensed consolidated financial statements. In November 2016, the FASB issued ASU 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (“ASU 2016-18”). This guidance is intended to clarify how entities present restricted cash in the statement of cash flows. The guidance requires entities to show the changes in the total of cash, cash equivalents, and restricted cash in the statement of cash flows. When cash, cash equivalents, and restricted cash are presented in more than one line item on the balance sheet, the new guidance requires a reconciliation of the totals in the statement of cash flows to the related captions in the balance sheet. The reconciliation can be presented either on the face of the statement of cash flows or in the notes to the consolidated financial statements. ASU 2016-18 is effective for fiscal years beginning after December 15, 2018, but early adoption is permitted. The Company early adopted this ASU effective February 1, 2018, retrospectively applying the new guidance to the comparative period presented in our condensed consolidated statements of cash flows. As a result of the adoption of this ASU, because movements to and from cash and restricted cash are no longer shown separately on the condensed consolidated statements of cash flows, the Company’s cash provided from investing activities increased by $0.2 million for the three months ended April 30, 2017. In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, which simplifies the measurement of goodwill impairment. Under this new guidance, an impairment charge, if triggered, is calculated as the difference between a reporting unit’s carrying value and fair value, but it is limited to the carrying value of goodwill. The guidance is effective prospectively for annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019 and early adoption is permitted. The Company early adopted this guidance effective February 1, 2018 and will apply the new guidance when it evaluates goodwill for impairment during the three months ending October 31, 2018. In May 2017, the FASB issued ASU 2017-09, Compensation-Stock Compensation (Topic 718): Scope of Modification Accounting , which clarifies when changes to the terms or conditions of a share-based payment award must be accounted for as modifications. The guidance is effective prospectively for interim and annual periods beginning after December 15, 2017 and early adoption is permitted. The Company adopted this guidance effective February 1, 2018. The adoption of this ASU did not have a material effect on the Company’s condensed consolidated financial statements. Recent accounting pronouncements not yet adopted In February 2016, the FASB issued ASU 2016-02, Leases: Topic (842) and has modified the standard thereafter. This standard requires the recognition of a right-of-use asset and lease liability on the balance sheet for all leases. This standard also requires more detailed disclosures to enable users of financial statements to understand the amount, timing, and uncertainty of cash flows arising from leases. This guidance is effective for interim and annual reporting periods beginning after December 15, 2018 and should be applied through a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, and early adoption is permitted. The Company expects to adopt this guidance on February 1, 2019. The Company anticipates this standard will have a material impact on the Company’s financial position, primarily due to the office space operating leases, as the Company will be required to recognize lease assets and lease liabilities on the balance sheet. The Company continues to assess the potential impacts of this standard, including the impact the adoption of this guidance will have on its results of operations or cash flows, if any.

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Apr. 30, 2018
Accounting Policies [Abstract]
Schedule of Cash and Cash Equivalents	Cash as reported on the condensed consolidated statements of cash flows consists of the following (in thousands): As of April 30, 2018 2017 Cash and cash equivalents $ 49,657 $ 19,300 Restricted cash 2,321 2,100 Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows $ 51,978 $ 21,400

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	3 Months Ended
	Apr. 30, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table presents the calculations for basic and diluted net loss per share (in thousands, except per share data): Three Months Ended April 30, 2018 2017 Numerator: Net loss $ (14,330 ) $ (7,184 ) Denominator: Weighted-average common shares outstanding 21,008 16,478 Net loss per share, basic and diluted $ (0.68 ) $ (0.44 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following outstanding shares of common stock equivalents (in thousands) as of the periods presented were excluded from the computation of diluted net loss per share attributable to common shareholders for the periods presented because the impact of including them would have been anti-dilutive: April 30, 2018 2017 Convertible preferred shares (as converted) 68,480 62,145 Convertible preferred stock warrant 137 137 Shares subject to outstanding common stock awards 15,656 13,742 Total potentially dilutive shares 84,273 76,024

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 30, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following tables present information about the Company’s financial assets and liabilities that are measured at fair value and indicates the fair value hierarchy of the valuation inputs used (in thousands) as of: April 30, 2018 Level 1 Level 2 Level 3 Total Assets: Cash equivalents: Money market funds $ 41,357 $ — $ — $ 41,357 Restricted cash: Certificates of deposit — 1,750 — 1,750 Total assets $ 41,357 $ 1,750 $ — $ 43,107 Liabilities: Convertible preferred stock warrant liability $ — $ 2,598 $ — $ 2,598 January 31, 2018 Level 1 Level 2 Level 3 Total Assets: Cash equivalents: Money market funds $ 55,702 $ — $ — $ 55,702 Liabilities: Convertible preferred stock warrant liability $ — $ — $ 1,272 $ 1,272
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	Changes in fair value of our level 3 financial liabilities were as follows (in thousands): Balance as of January 31, 2018 1,272 Increase in fair value of convertible preferred stock warrant 1,326 Transfer out of Level 3 (2,598 ) Balance as of April 30, 2018 $ —

Goodwill and Net Intangible A26

Goodwill and Net Intangible Assets (Tables)	3 Months Ended
	Apr. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	The following table presents the components of net intangible assets (in thousands) as of: April 30, January 31, 2018 2018 Acquired software technology $ 1,366 $ 1,366 Acquired customer relationships 70 70 Patents 170 170 Domain name 13 13 Total intangible assets 1,619 1,619 Less: accumulated amortization (199 ) (72 ) Total intangible assets, net $ 1,420 $ 1,547

Convertible Preferred Stock (Ta

Convertible Preferred Stock (Tables)	3 Months Ended
	Apr. 30, 2018
Equity [Abstract]
Schedule of Convertible Preferred Stock	As of April 30, 2018 and January 31, 2018, convertible preferred stock was as follows: Series Shares Authorized Shares Issued and Outstanding Aggregate Liquidation Preference (in thousands) Carrying Value (in thousands) Liquidation Preference Prices per Share Conversion Price per Share Annual Dividend per Share (if declared) Liquidation Participation Cap per Share A 6,075,000 6,075,000 $ 486 $ 480 $ 0.08 $ 0.08 $ 0.0064 $ 0.16 A-1 500,000 500,000 80 80 0.16 0.16 0.0128 0.32 A-2 2,750,000 2,750,000 550 550 0.20 0.195434 0.016 0.40 A-3 2,000,000 2,000,000 500 500 0.25 0.23685 0.02 0.50 A-4 9,859,270 9,859,270 2,751 2,751 0.279 0.260872 0.0224 0.558 Total Series A 21,184,270 21,184,270 $ 4,367 $ 4,361 B 7,208,430 7,208,430 1,250 1,218 0.173408 0.173408 0.0138 0.346816 C 5,284,990 5,147,720 $ 1,500 $ 1,476 0.29139 0.29139 0.0234 0.58278 C-1 1,531,580 1,531,580 1,000 977 0.65292 0.65292 0.0522 1.30584 Total Series C 6,816,570 6,679,300 $ 2,500 $ 2,453 D 14,780,400 14,780,400 $ 17,500 $ 17,342 1.184 1.184 0.0948 N/A E 11,432,303 11,432,303 $ 35,000 $ 34,886 3.0615 3.0615 0.2449 N/A F 6,334,674 6,334,674 $ 52,600 $ 52,427 $ 8.3035 $ 8.3035 $ 0.66428 N/A Total all series 67,756,647 67,619,377 $ 113,217 $ 112,687

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Apr. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation Expense	Share-based compensation expense included in the condensed consolidated statements of operations was as follows (in thousands): Three Months Ended April 30, 2018 2017 Cost of subscription revenue $ 34 $ 9 Cost of professional services revenue 47 12 Research and development 665 149 Sales and marketing 514 198 General and administrative 582 177 Total share-based compensation $ 1,842 $ 545
Schedule of Stock Option Activity	The following table includes a summary of the option activity during the three months ended April 30, 2018: Options Outstanding Weighted-Average Exercise Price Outstanding at January 31, 2018 13,355,439 $ 2.91 Granted 4,042,420 10.16 Exercised and awarded (1,759,288 ) 0.96 Forfeited or canceled (182,729 ) 4.51 Outstanding at April 30, 2018 15,455,842 5.01 Exercisable at April 30, 2018 4,740,226 1.97
Schedule of Restricted Stock Units Award Activity	The following table includes a summary of the RSU activity during the three months ended April 30, 2018: Number of Shares Underlying Outstanding RSUs Weighted-Average Grant-Date Fair Value per RSU Outstanding at January 31, 2018 130,000 $ 9.45 Granted 70,000 15.00 Vested — — Forfeited or canceled — — Outstanding at April 30, 2018 200,000 11.39

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Apr. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	As of April 30, 2018, future minimum annual lease payments (in thousands) related to the lease agreements mentioned above were as follows: Operating Leases Capital Leases Total Remainder of 2019 $ 4,781 $ 2,303 $ 7,084 2020 8,658 3,103 11,761 2021 9,265 817 10,082 2022 9,500 — 9,500 2023 9,745 — 9,745 Thereafter 22,926 — 22,926 Total minimum lease payments $ 64,875 $ 6,223 $ 71,098 Less: amount representing maintenance and support costs $ (153 ) Net minimum lease payments 6,070 Less: amount representing interest (283 ) Present value of minimum lease payments $ 5,787
Schedule of Future Minimum Lease Payments for Capital Leases	As of April 30, 2018, future minimum annual lease payments (in thousands) related to the lease agreements mentioned above were as follows: Operating Leases Capital Leases Total Remainder of 2019 $ 4,781 $ 2,303 $ 7,084 2020 8,658 3,103 11,761 2021 9,265 817 10,082 2022 9,500 — 9,500 2023 9,745 — 9,745 Thereafter 22,926 — 22,926 Total minimum lease payments $ 64,875 $ 6,223 $ 71,098 Less: amount representing maintenance and support costs $ (153 ) Net minimum lease payments 6,070 Less: amount representing interest (283 ) Present value of minimum lease payments $ 5,787

Geographic Information (Tables)

Geographic Information (Tables)	3 Months Ended
	Apr. 30, 2018
Segment Reporting [Abstract]
Schedule of Revenue by Geographical Area	Revenue by geographic location is determined by the location of the Company’s customers. The following table sets forth revenue (in thousands) by geographic area: Three Months Ended April 30, 2018 2017 United States $ 27,139 $ 15,964 EMEA 4,483 3,089 Asia Pacific 2,818 1,912 Americas other than the United States 1,879 1,271 Total $ 36,319 $ 22,236

Subsequent Events (Tables)

Subsequent Events (Tables)	3 Months Ended
	Apr. 30, 2018
Subsequent Events [Abstract]
Pro Forma Balance Sheet	The pro forma balance sheet data in the table below reflects the sale of Class A common stock, including the underwriter’s exercise of their option to purchase additional shares of our Class A common stock, after deducting the underwriting discounts and commissions and our estimated offering expenses. In addition, the pro forma balance sheet reflects the automatic conversion of all of our outstanding shares of convertible preferred stock into shares of our Class B common stock, which occurred immediately prior to the closing of the IPO on May 1, 2018. Historical as of April 30, 2018 Pro Forma Adjustments Pro Forma as of April 30, 2018 (in thousands) Assets Total current assets $ 72,967 $ 162,961 $ 235,928 Total long-term assets 42,068 (3,206 ) 38,862 Total assets 115,035 159,755 274,790 Liabilities, convertible preferred stock and shareholders’ equity (deficit) Total liabilities 93,895 (3,481 ) 90,414 Convertible preferred stock 112,687 (112,687 ) — Additional paid-in capital 29,414 275,923 305,337 Accumulated deficit (120,961 ) — (120,961 ) Total shareholders’ equity (deficit) (91,547 ) 275,923 184,376 Total liabilities, convertible preferred stock and shareholders’ equity (deficit) $ 115,035 $ 159,755 $ 274,790

Overview and Basis of Present32

Overview and Basis of Presentation (Details)	3 Months Ended
	Apr. 30, 2018shares	Jan. 31, 2018shares
Class of Stock [Line Items]
Common stock authorized (in shares)	0	107,679,381
Duration from date of IPO	7 years
Percent of stock outstanding (less than)	15.00%
Common Class A
Class of Stock [Line Items]
Common stock authorized (in shares)	112,979,381	0
Votes per share (in votes)	1
Number of shares from automatic conversion (in shares)	1
Common Class B
Class of Stock [Line Items]
Common stock authorized (in shares)	112,979,381,000	0
Votes per share (in votes)	10

Summary of Significant Accoun33

Summary of Significant Accounting Policies - Narrative (Details)	3 Months Ended
	Apr. 30, 2018USD ($)segment	Apr. 30, 2017USD ($)	Jan. 31, 2018USD ($)
Lessee, Lease, Description [Line Items]
Number of operating segments | segment	1
Deferred offering costs capitalized	$ 3,200,000		$ 1,500,000
Investing activity increase	(810,000)	$ 2,608,000
Bellevue and Boston Leases
Lessee, Lease, Description [Line Items]
Security deposits	500,000		500,000
Financial Standby Letter of Credit | Bellevue and Boston Leases
Lessee, Lease, Description [Line Items]
Irrevocable letters of credit	$ 1,800,000		$ 2,400,000
Accounting Standards Update 2016-18
Lessee, Lease, Description [Line Items]
Investing activity increase		$ 200,000

Summary of Significant Accoun34

Summary of Significant Accounting Policies - Schedule of Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Apr. 30, 2018	Jan. 31, 2018	Apr. 30, 2017	Jan. 31, 2017
Accounting Policies [Abstract]
Cash and cash equivalents	$ 49,657	$ 58,158	$ 19,300
Restricted cash	2,321		2,100
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows	$ 51,978	$ 61,059	$ 21,400	$ 24,013

Revenue from Contracts with C35

Revenue from Contracts with Customers - Deferred Revenue (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Jan. 31, 2018	Jan. 31, 2017
Revenue from External Customer [Line Items]
Deferred revenue current	$ 66.3
Subscription
Revenue from External Customer [Line Items]
Revenue recognized included in deferred revenue	23.9	$ 13.8
Deferred revenue current	64.8
Professional services
Revenue from External Customer [Line Items]
Revenue recognized included in deferred revenue			$ 0.9	$ 0.5
Deferred revenue current	$ 1.5

Revenue from Contracts with C36

Revenue from Contracts with Customers - Revenue Recognition (Details) $ in Millions	Apr. 30, 2018USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue future recognition	$ 66.3
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-05-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue future recognition	$ 66.2

Deferred Commissions (Details)

Deferred Commissions (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Jan. 31, 2018
Revenue Recognition and Deferred Revenue [Abstract]
Deferred commissions	$ 17,988		$ 15,291
Amortization of deferred commission costs	$ 1,997	$ 829
Deferred commissions amortized period	3 years

Net Loss Per Share - Schedule o

Net Loss Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Apr. 30, 2018	Apr. 30, 2017
Numerator:
Net loss	$ (14,330)	$ (7,184)
Denominator:
Weighted-average common shares outstanding (in shares)	21,008	16,478
Net loss per share, basic and diluted (in dollars per share)	$ (0.68)	$ (0.44)

Net Loss Per Share - Schedule39

Net Loss Per Share - Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended
	Apr. 30, 2018	Apr. 30, 2017
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	84,273	76,024
Total all series
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	68,480	62,145
Shares subject to outstanding common stock awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	15,656	13,742
Total all series | Convertible preferred stock warrant
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total potentially dilutive shares	137	137

Investments (Details)

Investments (Details) - USD ($)	Apr. 30, 2018	Jan. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Available-for-sale securities	$ 0	$ 0

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Apr. 30, 2018	Jan. 31, 2018
Liabilities:
Convertible preferred stock warrant liability	$ 2,600	$ 1,300
Fair Value, Measurements, Recurring
Cash equivalents:
Total assets	43,107
Liabilities:
Convertible preferred stock warrant liability	2,598	1,272
Fair Value, Measurements, Recurring | Level 1
Cash equivalents:
Total assets	41,357
Liabilities:
Convertible preferred stock warrant liability	0	0
Fair Value, Measurements, Recurring | Level 2
Cash equivalents:
Total assets	1,750
Liabilities:
Convertible preferred stock warrant liability	2,598	0
Fair Value, Measurements, Recurring | Level 3
Cash equivalents:
Total assets	0
Liabilities:
Convertible preferred stock warrant liability	0
Money market funds | Fair Value, Measurements, Recurring
Cash equivalents:
Money market funds	41,357	55,702
Money market funds | Fair Value, Measurements, Recurring | Level 1
Cash equivalents:
Money market funds	41,357	55,702
Money market funds | Fair Value, Measurements, Recurring | Level 2
Cash equivalents:
Money market funds	0	0
Money market funds | Fair Value, Measurements, Recurring | Level 3
Cash equivalents:
Money market funds	0	0
Certificates of deposit | Fair Value, Measurements, Recurring
Cash equivalents:
Money market funds	1,750
Certificates of deposit | Fair Value, Measurements, Recurring | Level 1
Cash equivalents:
Money market funds	0
Certificates of deposit | Fair Value, Measurements, Recurring | Level 2
Cash equivalents:
Money market funds	1,750
Certificates of deposit | Fair Value, Measurements, Recurring | Level 3
Cash equivalents:
Money market funds	$ 0
Warrants Not Settleable in Cash [Member] | Fair Value, Measurements, Recurring | Level 3
Liabilities:
Convertible preferred stock warrant liability		$ 1,272

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) $ in Millions	3 Months Ended
	Apr. 30, 2018USD ($)
Fair Value Disclosures [Abstract]
Transfer out of level 3 to level 2 liabilities	$ 2.6

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation (Details) $ in Thousands	3 Months Ended
	Apr. 30, 2018USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Transfer out of Level 3	$ (2,600)
Level 3
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value beginning balance	1,272
Increase in fair value of convertible preferred stock warrant	1,326
Transfer out of Level 3	(2,598)
Fair value ending balance	$ 0

Goodwill and Net Intangible A44

Goodwill and Net Intangible Assets - Narrative (Details) - USD ($)	3 Months Ended
	Apr. 30, 2018	Apr. 30, 2017	Jan. 31, 2018	Dec. 28, 2017
Business Acquisition [Line Items]
Goodwill	$ 445,000		$ 445,000
Change in carrying amount of goodwill	0
Amortization expense	$ 127,000	$ 3,000
Converse.AI, Inc.
Business Acquisition [Line Items]
Percent of stock acquired				100.00%
Goodwill				$ 400,000
Identifiable intangible assets				$ 1,400,000

Goodwill and Net Intangible A45

Goodwill and Net Intangible Assets - Schedule of Finite-Lived Intangible Assets (Details) - USD ($) $ in Thousands	Apr. 30, 2018	Jan. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Total intangible assets	$ 1,619	$ 1,619
Less: accumulated amortization	(199)	(72)
Total intangible assets, net	1,420	1,547
Acquired software technology
Finite-Lived Intangible Assets [Line Items]
Total intangible assets	1,366	1,366
Acquired customer relationships
Finite-Lived Intangible Assets [Line Items]
Total intangible assets	70	70
Patents
Finite-Lived Intangible Assets [Line Items]
Total intangible assets	170	170
Domain name
Finite-Lived Intangible Assets [Line Items]
Total intangible assets	$ 13	$ 13

Convertible Preferred Stock (De

Convertible Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	12 Months Ended
	Apr. 30, 2018	Jan. 31, 2018
Class of Stock [Line Items]
Carrying Value	$ 112,687	$ 112,687
Total all series
Class of Stock [Line Items]
Shares Authorized (in shares)	67,756,647	67,756,647
Shares Issued (in shares)	67,619,377	67,619,377
Shares Outstanding (in shares)	67,619,377	67,619,377
Aggregate Liquidation Preference	$ 113,217	$ 113,217
Carrying Value	$ 112,687	$ 112,687
Total Series A
Class of Stock [Line Items]
Shares Authorized (in shares)	21,184,270	21,184,270
Shares Issued (in shares)	21,184,270	21,184,270
Shares Outstanding (in shares)	21,184,270	21,184,270
Aggregate Liquidation Preference	$ 4,367	$ 4,367
Carrying Value	$ 4,361	$ 4,361
A
Class of Stock [Line Items]
Shares Authorized (in shares)	6,075,000	6,075,000
Shares Issued (in shares)	6,075,000	6,075,000
Shares Outstanding (in shares)	6,075,000	6,075,000
Aggregate Liquidation Preference	$ 486	$ 486
Carrying Value	$ 480	$ 480
Liquidation Preference Prices per Share (in dollars per share)	$ 0.08	$ 0.08
Conversion Price per Share (in dollars per share)	0.08	0.08
Annual Dividend per Share (if declared) (in dollars per share)	0.0064	0.0064
Liquidation Participation Cap per Share (in dollars per share)	$ 0.16	$ 0.16
A1
Class of Stock [Line Items]
Shares Authorized (in shares)	500,000	500,000
Shares Issued (in shares)	500,000	500,000
Shares Outstanding (in shares)	500,000	500,000
Aggregate Liquidation Preference	$ 80	$ 80
Carrying Value	$ 80	$ 80
Liquidation Preference Prices per Share (in dollars per share)	$ 0.16	$ 0.16
Conversion Price per Share (in dollars per share)	0.16	0.16
Annual Dividend per Share (if declared) (in dollars per share)	0.0128	0.0128
Liquidation Participation Cap per Share (in dollars per share)	$ 0.32	$ 0.32
A2
Class of Stock [Line Items]
Shares Authorized (in shares)	2,750,000	2,750,000
Shares Issued (in shares)	2,750,000	2,750,000
Shares Outstanding (in shares)	2,750,000	2,750,000
Aggregate Liquidation Preference	$ 550	$ 550
Carrying Value	$ 550	$ 550
Liquidation Preference Prices per Share (in dollars per share)	$ 0.20	$ 0.20
Conversion Price per Share (in dollars per share)	0.195434	0.195434
Annual Dividend per Share (if declared) (in dollars per share)	0.016	0.016
Liquidation Participation Cap per Share (in dollars per share)	$ 0.40	$ 0.40
A3
Class of Stock [Line Items]
Shares Authorized (in shares)	2,000,000	2,000,000
Shares Issued (in shares)	2,000,000	2,000,000
Shares Outstanding (in shares)	2,000,000	2,000,000
Aggregate Liquidation Preference	$ 500	$ 500
Carrying Value	$ 500	$ 500
Liquidation Preference Prices per Share (in dollars per share)	$ 0.25	$ 0.25
Conversion Price per Share (in dollars per share)	0.23685	0.23685
Annual Dividend per Share (if declared) (in dollars per share)	0.02	0.02
Liquidation Participation Cap per Share (in dollars per share)	$ 0.50	$ 0.50
A4
Class of Stock [Line Items]
Shares Authorized (in shares)	9,859,270	9,859,270
Shares Issued (in shares)	9,859,270	9,859,270
Shares Outstanding (in shares)	9,859,270	9,859,270
Aggregate Liquidation Preference	$ 2,751	$ 2,751
Carrying Value	$ 2,751	$ 2,751
Liquidation Preference Prices per Share (in dollars per share)	$ 0.279	$ 0.279
Conversion Price per Share (in dollars per share)	0.260872	0.260872
Annual Dividend per Share (if declared) (in dollars per share)	0.0224	0.0224
Liquidation Participation Cap per Share (in dollars per share)	$ 0.558	$ 0.558
B
Class of Stock [Line Items]
Shares Authorized (in shares)	7,208,430	7,208,430
Shares Issued (in shares)	7,208,430	7,208,430
Shares Outstanding (in shares)	7,208,430	7,208,430
Aggregate Liquidation Preference	$ 1,250	$ 1,250
Carrying Value	$ 1,218	$ 1,218
Liquidation Preference Prices per Share (in dollars per share)	$ 0.173408	$ 0.173408
Conversion Price per Share (in dollars per share)	0.173408	0.173408
Annual Dividend per Share (if declared) (in dollars per share)	0.0138	0.0138
Liquidation Participation Cap per Share (in dollars per share)	$ 0.346816	$ 0.346816
Total Series C
Class of Stock [Line Items]
Shares Authorized (in shares)	6,816,570	6,816,570
Shares Issued (in shares)	6,679,300	6,679,300
Shares Outstanding (in shares)	6,679,300	6,679,300
Aggregate Liquidation Preference	$ 2,500	$ 2,500
Carrying Value	$ 2,453	$ 2,453
C
Class of Stock [Line Items]
Shares Authorized (in shares)	5,284,990	5,284,990
Shares Issued (in shares)	5,147,720	5,147,720
Shares Outstanding (in shares)	5,147,720	5,147,720
Aggregate Liquidation Preference	$ 1,500	$ 1,500
Carrying Value	$ 1,476	$ 1,476
Liquidation Preference Prices per Share (in dollars per share)	$ 0.29139	$ 0.29139
Conversion Price per Share (in dollars per share)	0.29139	0.29139
Annual Dividend per Share (if declared) (in dollars per share)	0.0234	0.0234
Liquidation Participation Cap per Share (in dollars per share)	$ 0.58278	$ 0.58278
C1
Class of Stock [Line Items]
Shares Authorized (in shares)	1,531,580	1,531,580
Shares Issued (in shares)	1,531,580	1,531,580
Shares Outstanding (in shares)	1,531,580	1,531,580
Aggregate Liquidation Preference	$ 1,000	$ 1,000
Carrying Value	$ 977	$ 977
Liquidation Preference Prices per Share (in dollars per share)	$ 0.65292	$ 0.65292
Conversion Price per Share (in dollars per share)	0.65292	0.65292
Annual Dividend per Share (if declared) (in dollars per share)	0.0522	0.0522
Liquidation Participation Cap per Share (in dollars per share)	$ 1.30584	$ 1.30584
D
Class of Stock [Line Items]
Shares Authorized (in shares)	14,780,400	14,780,400
Shares Issued (in shares)	14,780,400	14,780,400
Shares Outstanding (in shares)	14,780,400	14,780,400
Aggregate Liquidation Preference	$ 17,500	$ 17,500
Carrying Value	$ 17,342	$ 17,342
Liquidation Preference Prices per Share (in dollars per share)	$ 1.184	$ 1.184
Conversion Price per Share (in dollars per share)	1.184	1.184
Annual Dividend per Share (if declared) (in dollars per share)	$ 0.0948	$ 0.0948
E
Class of Stock [Line Items]
Shares Authorized (in shares)	11,432,303	11,432,303
Shares Issued (in shares)	11,432,303	11,432,303
Shares Outstanding (in shares)	11,432,303	11,432,303
Aggregate Liquidation Preference	$ 35,000	$ 35,000
Carrying Value	$ 34,886	$ 34,886
Liquidation Preference Prices per Share (in dollars per share)	$ 3.0615	$ 3.0615
Conversion Price per Share (in dollars per share)	3.0615	3.0615
Annual Dividend per Share (if declared) (in dollars per share)	$ 0.2449	$ 0.2449
F
Class of Stock [Line Items]
Shares Authorized (in shares)	6,334,674	6,334,674
Shares Issued (in shares)	6,334,674	6,334,674
Shares Outstanding (in shares)	6,334,674	6,334,674
Aggregate Liquidation Preference	$ 52,600	$ 52,600
Carrying Value	$ 52,427	$ 52,427
Liquidation Preference Prices per Share (in dollars per share)	$ 8.3035	$ 8.3035
Conversion Price per Share (in dollars per share)	8.3035	8.3035
Annual Dividend per Share (if declared) (in dollars per share)	$ 0.66428	$ 0.66428
Common Class B
Class of Stock [Line Items]
Shares converted (in shares)	68,500,000

Convertible Preferred Stock W47

Convertible Preferred Stock Warrant (Details) - USD ($) $ / shares in Units, $ in Millions	May 01, 2018	Dec. 31, 2011	Apr. 30, 2018	Jan. 31, 2018
Class of Stock [Line Items]
Shares purchased with warrant (in shares)		137,270
Warrant term		10 years
Exercise price (in dollars per share)		$ 0.29139
Warrant fair value			$ 2.6	$ 1.3
Subsequent Event
Class of Stock [Line Items]
Shares surrendered (in shares)	2,667
Subsequent Event | Series C
Class of Stock [Line Items]
Shares offered (in shares)	134,603

Share-Based Compensation - Shar

Share-Based Compensation - Share-Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2018	Apr. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation	$ 1,842	$ 545
Cost of subscription revenue
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation	34	9
Cost of professional services revenue
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation	47	12
Research and development
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation	665	149
Sales and marketing
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation	514	198
General and administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Share-based compensation	$ 582	$ 177

Share-Based Compensation - Stoc

Share-Based Compensation - Stock Options (Details) - Stock Option	3 Months Ended
	Apr. 30, 2018$ / sharesshares
Options Outstanding
Outstanding beginning balance (in shares) | shares	13,355,439
Granted (in shares) | shares	4,042,420
Exercised and awarded (in shares) | shares	(1,759,288)
Forfeited or canceled (in shares) | shares	(182,729)
Outstanding ending balance (in shares) | shares	15,455,842
Exercisable (in shares) | shares	4,740,226
Weighted-Average Exercise Price
Outstanding beginning balance (in dollars per share) | $ / shares	$ 2.91
Granted (in dollars per share) | $ / shares	10.16
Exercised and awarded (in dollars per share) | $ / shares	0.96
Forfeited or canceled (in dollars per share) | $ / shares	4.51
Outstanding ending balance (in dollars per share) | $ / shares	5.01
Exercisable at April 30, 2018 (in dollars per share) | $ / shares	$ 1.97

Share-Based Compensation - Rest

Share-Based Compensation - Restricted Stock Units (Details) - RSUs	3 Months Ended
	Apr. 30, 2018$ / sharesshares
Number of Shares Underlying Outstanding RSUs
Outstanding beginning balance (in shares)	130,000
Granted (in shares)	70,000
Vested (in shares)	0
Forfeited or canceled (in shares)	0
Outstanding ending balance (in shares)	200,000
Weighted-Average Grant-Date Fair Value per RSU
Outstanding beginning balance (in dollars per share) | $ / shares	$ 9.45
Granted (in dollars per share) | $ / shares	15
Outstanding ending balance (in dollars per share) | $ / shares	$ 11.39

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details)	3 Months Ended
	Apr. 30, 2018USD ($)hourshares	Apr. 30, 2017USD ($)	Jan. 31, 2018shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for issuance (in shares)	8,361,987
Share-based compensation | $	$ 1,842,000	$ 545,000
2018 Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for issuance (in shares)	0		296,178
Minimum number of hours per week to be eligible | hour	20
Minimum months in a calendar year to be eligible	5 months
Stockholder percent ownership	5.00%
Purchase price percent	85.00%
Maximum fair market value allowed to be purchased by a participant in a calendar year | $	$ 25,000
Maximum number of shares allowed to be purchased by a participant in any purchase period	2,500
Share-based compensation | $	$ 0
2018 Employee Stock Purchase Plan | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allowable payroll deduction as a percent of base cash compensation	1.00%
2018 Employee Stock Purchase Plan | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allowable payroll deduction as a percent of base cash compensation	15.00%
2015 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for issuance (in shares)			0
Common Class A | 2018 Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares initially reserved (in shares)	2,040,000
Period in which shares authorized increase	10 years
Maximum number of shares authorized (in shares)	20,400,000
Common Class A and B | 2018 Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent of shares outstanding	1.00%
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Expiration period	10 years
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Expiration period	10 years

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended
	Apr. 30, 2018USD ($)
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 0

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details)	3 Months Ended		12 Months Ended
	Apr. 30, 2018USD ($)	Apr. 30, 2017USD ($)	Jan. 31, 2018USD ($)capital_lease	Jan. 31, 2017USD ($)
Lessee, Lease, Description [Line Items]
Rent expense and related expenses	$ 1,500,000	$ 900,000
Lease amount	6,223,000
Number of additional leases | capital_lease			2
Irrevocable letters of credit and security deposits at end of lease	0
Data Center Equipment
Lessee, Lease, Description [Line Items]
Lease amount			$ 3,100,000	$ 6,000,000
Interest rate				5.30%
Lease term			36 months	42 months
Minimum | Data Center Equipment
Lessee, Lease, Description [Line Items]
Interest rate			5.00%
Maximum | Data Center Equipment
Lessee, Lease, Description [Line Items]
Interest rate			5.10%
Bellevue and Boston Leases
Lessee, Lease, Description [Line Items]
Security deposits	500,000		$ 500,000
Bellevue and Boston Leases | Financial Standby Letter of Credit
Lessee, Lease, Description [Line Items]
Irrevocable letters of credit	$ 1,800,000		$ 2,400,000

Commitments and Contingencies54

Commitments and Contingencies - Schedule of Future Payments for Operating and Capital Leases (Details) $ in Thousands	Apr. 30, 2018USD ($)
Operating Leases
Remainder of 2019	$ 4,781
2,020	8,658
2,021	9,265
2,022	9,500
2,023	9,745
Thereafter	22,926
Total minimum lease payments	64,875
Capital Leases
Remainder of 2019	2,303
2,020	3,103
2,021	817
2,022	0
202	0
Thereafter	0
Total minimum lease payments	6,223
Less: amount representing maintenance and support costs	(153)
Net minimum lease payments	6,070
Less: amount representing interest	(283)
Present value of minimum lease payments	5,787
Total
Remainder of 2019	7,084
2,020	11,761
2,021	10,082
2,022	9,500
2,023	9,745
Thereafter	22,926
Total minimum lease payments	$ 71,098

Geographic Information (Details

Geographic Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2018	Apr. 30, 2017
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 36,319	$ 22,236
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	27,139	15,964
EMEA
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	4,483	3,089
Asia Pacific
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	2,818	1,912
Americas other than the United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 1,879	$ 1,271

Subsequent Events - Narrative (

Subsequent Events - Narrative (Details) - USD ($)	May 01, 2018	Apr. 30, 2018	Apr. 30, 2017	Jan. 31, 2018
Subsequent Event [Line Items]
Payments of stock issuance costs		$ 1,495,000	$ 0
Common stock authorized (in shares)		0		107,679,381
Preferred stock authorized (in shares)		67,756,647		67,756,647
Subsequent Event
Subsequent Event [Line Items]
Preferred stock authorized (in shares)	10,000,000
Common Class A
Subsequent Event [Line Items]
Common stock authorized (in shares)		112,979,381		0
Common Class A | Subsequent Event
Subsequent Event [Line Items]
Common stock authorized (in shares)	500,000,000
Common Class B
Subsequent Event [Line Items]
Common stock authorized (in shares)		112,979,381,000		0
Common Class B | Subsequent Event
Subsequent Event [Line Items]
Number of shares issued in conversion (in shares)	0
Common stock authorized (in shares)	500,000,000
IPO | Common Class A
Subsequent Event [Line Items]
Payments of stock issuance costs		$ 2.3
IPO | Common Class A | Subsequent Event
Subsequent Event [Line Items]
Shares issued and sold (in shares)	11,745,088
Offering price (in dollars per share)	$ 15
Net proceeds	$ 160,600,000
Underwriting discounts and commissions	12.3
Other issuance costs	$ 3,200,000

Subsequent Events - Pro Forma B

Subsequent Events - Pro Forma Balance Sheet (Details) - USD ($) $ in Thousands	Apr. 30, 2018	Jan. 31, 2018
Assets
Total current assets	$ 72,967	$ 77,656
Total long-term assets	42,068
Total assets	115,035	116,604
Liabilities, convertible preferred stock and shareholders’ equity (deficit)
Total liabilities	93,895	84,658
Convertible preferred stock	112,687	112,687
Additional paid-in capital	29,414	25,892
Accumulated deficit	(120,961)	(106,633)
Total shareholders’ deficit	(91,547)	(80,741)
Total liabilities, convertible preferred stock and shareholders’ equity (deficit)	115,035	$ 116,604
Pro Forma Adjustments
Assets
Total current assets	162,961
Total long-term assets	(3,206)
Total assets	159,755
Liabilities, convertible preferred stock and shareholders’ equity (deficit)
Total liabilities	(3,481)
Convertible preferred stock	(112,687)
Additional paid-in capital	275,923
Accumulated deficit	0
Total shareholders’ deficit	275,923
Total liabilities, convertible preferred stock and shareholders’ equity (deficit)	159,755
Pro Forma
Assets
Total current assets	235,928
Total long-term assets	38,862
Total assets	274,790
Liabilities, convertible preferred stock and shareholders’ equity (deficit)
Total liabilities	90,414
Convertible preferred stock	0
Additional paid-in capital	305,337
Accumulated deficit	(120,961)
Total shareholders’ deficit	184,376
Total liabilities, convertible preferred stock and shareholders’ equity (deficit)	$ 274,790