#2710
Jared Smith
Overview
- Source of Wealth
- Cloud computing
- Industry
- Technology
- Residence
- Provo, Utah
- Education
- London School of Economics (Bachelor of Science)
- Marital Status
- Married
Biography
Jared Smith cofounded the software company Qualtrics in Provo, Utah in 2002 with his brother, Ryan, and father, Scott; Ryan was the CEO, Jared was president.
Three days before its scheduled IPO in January 2019, Qualtrics was acquired by German software firm SAP for $8 billion in cash.
Jared owned about 14% of the company at the time of the sale.
Qualtrics sold a second time in March 2023 to Silver Lake and CPP Investments at $12.5 billion valuation.