When was Highfive founded?

Highfive was founded in 2012 and raised its 1st funding round within a year of its incorporation.

Where is Highfive located?

Highfive is headquartered in Palo Alto, United States.

How many employees does Highfive have?

As of Mar 01, 2026, the latest employee count at Highfive is 50 - 199.

Is Highfive a funded company?

Highfive is a funded company, having raised a total of $77.5M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jul 11, 2012.

When was the latest funding round of Highfive?

Highfive's latest funding was a $***** Series C round on Feb 06, 2018, with participation from 4 investors. Its primary sector is Enterprise Collaboration. In United States, the Enterprise Collaboration sector has seen $327M in funding in 2026 to date.

Where does Highfive rank among its competitors?

Highfive ranks 44th amongst 1689 active competitors, of which 206 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Dialpad, which secured $50M in Dec, 2022.

Who are the top competitors of Highfive?

Highfive's top competitors include Skype, Zoom and Dialpad. Among them, Dialpad secured the most recent funding round in December, 2022.

Highfive - 2026 Company Profile, Team, Funding & Competitors

Highfive is an acqui-hired company based in Palo Alto (United States), founded in 2012 by Shan Sinha. It operates as a Cloud based video conferencing solutions provider. Highfive has raised $77.5M in funding from investors like Lightspeed Venture Partners, Andreessen Horowitz and SV Angel. The company has 1689 active competitors, including 206 funded and 181 that have exited. Its top competitors include companies like Skype, Zoom and Dialpad.

Company Details

Highfive, formerly Parlay Labs, is a B2B technology company offering video conferencing solutions. It has built a video conferencing solution that includes an 800 US dollar piece of hardware that can be connected to any TV in a conference room and capture video and audio owing to a 1080p video camera, a high fidelity mic array, and a wireless chip. Another part of its system is a cloud based conferencing solution that can be streamed through desktops, tablets, and mobile devices. Companies like Patagonia, Slack, and Warby Parker are some of its customers.

Website: highfive.com
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Key Metrics

Founded Year

2012

Location

Palo Alto, United States

Stage

Acqui-Hired

Total Funding

$77.5M in 4 rounds

Latest Funding Round

Series C, Feb 06, 2018, $*****

Investors

Lightspeed Venture Partners & 11 more

Ranked

44^th among 1689 active competitors

Employee Count

50 - 199 as on Mar 01, 2026

Similar Companies

Skype & 2269 more

View Highfive's full profile

Highfive has raised a total funding of $77.5M over 4 rounds. Its first funding round was on Jul 11, 2012. Its latest funding round was a Series C round on Feb 06, 2018 for $*****. 4 investors participated in its latest round. Highfive has 11 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Highfive:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 06, 2018	2395388	Series C	4075559	3603203	5499233	3724768
Mar 12, 2015	3812058	Series B	4418060	5959920	9458172	General Catalyst & 2 more
Oct 24, 2013	7630204	Series A	1257454	1814744	6389432	General Catalyst & 2 more

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View details of Highfive's funding rounds and investors

The founders of Highfive is Shan Sinha.

Here are the details of Highfive's key team members:

Shan Sinha: Former Founder of Highfive and founder of 1 other company.

View details of Highfive's Founder profiles and Board Members

Highfive's employee count trend

Highfive has 50 - 199 employees as of Mar 26. Here is Highfive's employee count trend over the years:

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Top competitors of Highfive include Skype, Zoom and Dialpad. Here is the list of Top 10 competitors of Highfive, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Skype 2002, Luxembourg, Acquired	VoIP Software application	$26.8M	Index Ventures, DFJ & 19 others	81/100
2nd	Zoom 2011, San Jose (United States), Public	Cloud-based video conferencing software	$157M	Qualcomm Ventures, AME Cloud Ventures & 18 others	81/100
3rd	Dialpad 2011, San Ramon (United States), Series F	Provider of AI-powered contact center and unified communications platform solutions	$476M	ICONIQ Growth, Amasia & 44 others	79/100
4th	Otter.ai 2016, Los Altos (United States), Series B	Developer of an AI meeting agent providing transcription and summarization	$70M	Spectrum Equity, Horizons Ventures & 25 others	79/100
5th	Vonage 2001, Holmdel (United States), Acquired	Provider of contact center business communication solutions	$645M	New Enterprise Associates, 3i Group & 15 others	74/100
6th	Mitel 1973, Ottawa (Canada), Acquired	Cloud based platform for unified communication management	$1.01M	August Capital, Francisco Partners & 3 others	74/100
7th	LumApps 2012, Tassin la Demi Lune (France), Acquired	Cloud based employee communication platform provider	$102M	Idinvest Partners, Goldman Sachs & 6 others	74/100
8th	Panopto 2007, Seattle (United States), Series B	Cloud-based video conferencing management software provider	$48.5M	Sterling Partners Education Opportunity Fund, Square 1 Bank ... & 9 others	73/100
9th	Fuze 2006, Boston (United States), Acquired	Cloud-based unified communication software provider	$543M	Summit Partners, Index Ventures & 16 others	71/100
10th	Goldcast 2020, Cambridge (United States), Acquired	Cloud based platform offering virtual event management solutions	$42M	WestBridge Capital, Underscore VC & 17 others	71/100
44th	Highfive 2012, Palo Alto (United States), Acqui-Hired	Cloud based video conferencing solutions provider	$77.5M	Founder Collective, Lightspeed Venture Partners ... & 10 others	57/100