Highfive - About the company
Highfive is an acqui-hired company based in Palo Alto (United States), founded in 2012 by Jeremy Roy and 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 1646 active competitors, including 207 funded and 180 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
Key Metrics
Founded Year
2012
Location
Palo Alto, United States
Stage
Acqui-Hired
Total Funding
$77.5M in 4 rounds
Latest Funding Round
Investors
Ranked
37th among 1646 active competitors
Employee Count
50 - 199 as on Mar 01, 2026
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Highfive's funding and investors
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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 06, 2018 | 5542055 | Series C | 3703144 | 3526722 | 7625298 | 1233077 |
Mar 12, 2015 | 5961765 | Series B | 1176541 | 8728260 | 7541777 | |
Oct 24, 2013 | 7666028 | Series A | 4014873 | 4246431 | 1951920 |
View details of Highfive's funding rounds and investors
Highfive's founders and board of directors
Founder? Claim ProfileThe founders of Highfive are Jeremy Roy and Shan Sinha.
Here are the details of Highfive's key team members:
- Jeremy Roy: CTO, Co-founder of Highfive.
- Shan Sinha: Former Founder of Highfive.
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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Highfive's Competitors and alternates
Top competitors of Highfive include Skype, Zoom and Dialpad. Here is the list of Top 10 competitors of Highfive, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Skype 2002, Luxembourg, Acquired | VoIP Software application | $26.8M | 81/100 | |
2nd | Zoom 2011, San Jose (United States), Public | Cloud-based video conferencing software | $157M | 81/100 | |
3rd | Dialpad 2011, San Ramon (United States), Series F | Provider of AI-powered contact center and unified communications platform solutions | $476M | 79/100 | |
4th | Software based Enterprise Unified Communications | - | 76/100 | ||
5th | Otter.ai 2016, Los Altos (United States), Series B | Developer of an AI meeting agent providing transcription and summarization | $70M | 75/100 | |
6th | Vonage 2001, Holmdel (United States), Acquired | Provider of contact center business communication solutions | $645M | 74/100 | |
7th | Cloud based platform for unified communication management | $1.01M | 74/100 | ||
8th | Loom San Francisco (United States), Acquired | Developer of software for recording and sharing screen video messages | $214M | 74/100 | |
9th | Cloud based employee communication platform provider | $102M | 74/100 | ||
10th | Panopto 2007, Seattle (United States), Series B | Cloud-based video conferencing management software provider | $48.5M | 73/100 | |
37th | Highfive 2012, Palo Alto (United States), Acqui-Hired | Cloud based video conferencing solutions provider | $77.5M | 58/100 |
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Highfive's Investments and acquisitions
Highfive has made no investments or acquisitions yet.
Reports related to Highfive
Here is the latest report on Highfive's geography:
News related to Highfive
Media has covered Highfive for 1 event in last 1 year, It was about company updates.
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Highfive Announces Distribution Agreement with Polaris CommunicationsPR Newswire•Jul 14, 2020•Polaris, Highfive
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Celia Poon joins Eightfold.ai as Chief Financial OfficerOnline Market Places•Jan 22, 2020•Eightfold, Wag!, Highfive
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TMC Names Highfive 2019 Communications Solutions Product of the YearPR Newswire•Sep 16, 2019•Highfive
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