HighRoads Overview
- Year Founded
-
1999
- Status
-
Acquired/Merged
- Employees
-
89
- Latest Deal Type
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M&A
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.com(Operating Subsidiary)
Corporate 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 |
|---|---|---|---|---|---|---|
| 13. Merger/Acquisition | 27-Feb-2026 | Completed | Generating Revenue | |||
| 12. Debt - PPP | 13-Apr-2020 | 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 | $2.25M | $42.6M | Completed | Generating Revenue | |
| 4. Later Stage VC (Series C) | 25-Jun-2007 | $9M | $40.3M | 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 (48)
One of HighRoads’s 48 competitors is Smartsheet, a Private Equity-Backed company based in Bellevue, WA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Smartsheet | Private Equity-Backed | Bellevue, WA | ||||
| Canto (Business/Productivity Software) | Private Equity-Backed | Berlin, Germany | ||||
| Arena (Business/Productivity Software) | Formerly VC-backed | Boston, MA | ||||
| Jama Software | Private Equity-Backed | Portland, OR | ||||
| Asana | Formerly VC-backed | San Francisco, CA |
HighRoads Patents
HighRoads Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2001241638-A1 | System and method for facilitating a request for proposal process | Inactive | 23-Feb-2000 | ||
| WO-2001063525-A1 | System and method for facilitating a request for proposal process | Inactive | 23-Feb-2000 |
HighRoads Signals
HighRoads Former Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ABS Ventures | Venture Capital | Minority | ||
| Adams | PE/Buyout | Minority | ||
| Clarkston Merchant Partners | PE/Buyout | Minority | ||
| Egan-Managed Capital | Venture Capital | Minority | ||
| Hercules Capital (San Mateo) | Lender/Debt Provider | Minority |
HighRoads Acquisitions (1)
HighRoads’s most recent deal was a Merger/Acquisition with MHS Advisors. The deal was made on 08-Jan-2008.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| MHS Advisors | 08-Jan-2008 | Merger/Acquisition | Human Capital Services |
HighRoads FAQs
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When was HighRoads founded?
HighRoads was founded in 1999.
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Where is HighRoads headquartered?
HighRoads is headquartered in Burlington, MA.
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What is the size of HighRoads?
HighRoads has 89 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?
ABS Ventures, Adams, Clarkston Merchant Partners, Egan-Managed Capital, and Hercules Capital (San Mateo) are 5 of 11 investors who have invested in HighRoads.
-
Who are HighRoads’s competitors?
Smartsheet, Canto (Business/Productivity Software), Arena (Business/Productivity Software), Jama Software, and Asana are some of the 48 competitors of HighRoads.
-
When was HighRoads acquired?
HighRoads was acquired on 27-Feb-2026.
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Who acquired HighRoads?
HighRoads was acquired by Harris Healthcare.
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