HighRoads Overview
- Year Founded
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1999
- Status
-
Private
- Employees
-
121
- Latest Deal Type
-
Debt - PPP
- Latest Deal Amount
-
$1.03M
- Investors
-
11
HighRoads General Information
Description
Developer of a health plan management platform designed to create, sell, and manage products. The company's platform reduces costly inaccuracies and errors, accelerates speed to market, takes control of complex product portfolios, accelerates sales, and ensures accuracy and compliance, enabling clients to create revenue, efficiency, and market distinction.
Contact Information
Website
www.highroads.comCorporate Office
- 70 Blanchard Road
- Suite 403
- Burlington, MA 01803
- United States
Corporate Office
- 70 Blanchard Road
- Suite 403
- Burlington, MA 01803
- United States
HighRoads Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
12. Debt - PPP | 13-Apr-2020 | $1.03M | Completed | Generating Revenue | ||
11. Later Stage VC (Series A1) | 28-Aug-2016 | Completed | Generating Revenue | |||
10. Later Stage VC (Series D1) | 30-May-2015 | Completed | Generating Revenue | |||
9. Later Stage VC (Series D) | 13-Jun-2014 | Completed | Generating Revenue | |||
8. Later Stage VC | 06-Feb-2013 | Completed | Generating Revenue | |||
7. Later Stage VC | 16-Oct-2010 | Completed | Generating Revenue | |||
6. Debt - General | 29-Apr-2009 | Completed | Generating Revenue | |||
5. Later Stage VC (Series C) | 05-Jan-2009 | Completed | Generating Revenue | |||
4. Later Stage VC (Series C) | 25-Jun-2007 | $9M | $40.3M | Completed | Generating Revenue | |
3. Debt - General | 31-Mar-2006 | $31.3M | Completed | Generating Revenue |
HighRoads Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D1 | ||||||||
Series D | ||||||||
Series C | ||||||||
Series B | 4,751,067 | $0.001000 | 8% | $1.38 | $1.38 | 1x | $1.38 | 16.01% |
Series A | 626,103 | $0.001000 | 8% | $3.35 | $3.35 | 1x | $0.48 | 14.77% |
HighRoads Comparisons
Industry
Financing
Details
HighRoads Competitors (50)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Asana | Formerly VC-backed | San Francisco, CA | ||||
Smartsheet | Formerly VC-backed | Bellevue, WA | ||||
Keyedin Solutions | Private Equity-Backed | Bloomington, MN | ||||
Productplan | Private Equity-Backed | Santa Barbara, CA | ||||
Bynder | Private Equity-Backed | Amsterdam, Netherlands |
HighRoads Executive Team (27)
Name | Title | Board Seat |
---|---|---|
Brian Kim | Chief Executive Officer, President & Board Member | |
Joseph Mele | Senior Vice President of Finance |
HighRoads Board Members (13)
Name | Representing | Role | Since |
---|---|---|---|
Brian Kim | HighRoads | Chief Executive Officer, President & Board Member | |
Edward Novinski | Self | Chairman | |
Elena McFann | Self | Board Member | |
Jay Corscadden | Clarkston Merchant Partners | Board Member | |
Joe Marabito | Self | Board Member |
HighRoads Signals
HighRoads Investors (11)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Insight Partners | Growth/Expansion | Minority | ||
Clarkston Merchant Partners | PE/Buyout | Minority | ||
Industry Ventures | Venture Capital | Minority | ||
Massachusetts Capital Resource | Mezzanine | Minority | ||
SKI Opportunity Fund | Other | Minority |
HighRoads Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
MHS Advisors | 08-Jan-2008 | Human Capital Services |
HighRoads FAQs
-
When was HighRoads founded?
HighRoads was founded in 1999.
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Who is the founder of HighRoads?
Brent Bannerman is the founder of HighRoads.
-
Who is the CEO of HighRoads?
Brian Kim is the CEO of HighRoads.
-
Where is HighRoads headquartered?
HighRoads is headquartered in Burlington, MA.
-
What is the size of HighRoads?
HighRoads has 121 total employees.
-
What industry is HighRoads in?
HighRoads’s primary industry is Business/Productivity Software.
-
Is HighRoads a private or public company?
HighRoads is a Private company.
-
What is HighRoads’s current revenue?
The current revenue for HighRoads is
. -
How much funding has HighRoads raised over time?
HighRoads has raised $56.1M.
-
Who are HighRoads’s investors?
Insight Partners, Clarkston Merchant Partners, Industry Ventures, Massachusetts Capital Resource, and SKI Opportunity Fund are 5 of 11 investors who have invested in HighRoads.
-
Who are HighRoads’s competitors?
Asana, Smartsheet, Keyedin Solutions, Productplan, and Bynder are some of the 50 competitors of HighRoads.
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