Jared Smith

About Jared Smith

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.