HighQ - About the company
HighQ is an acquired company based in Toronto (Canada), founded in 2001 by Veenay Shah, Ajay Patel and Saviz Izadpanah. It operates as a Cloud collaboration platform for multiple industries. HighQ has raised $50M in funding. The company has 828 active competitors, including 27 funded and 51 that have exited. Its top competitors include companies like Clio, Filevine and Litify.
Company Details
HighQ is a privately owned cloud-based SaaS (Software as a Service) company. It provides secure file sharing and social networking software for the legal, banking and corporate industries as well as for government and the life sciences. HighQ Collaborate combines document management and file sharing with leading-edge enterprise social collaboration, productivity and knowledge sharing tools that allow users to securely share information with internal and external users in one unified space, from any desktop or mobile device.
- Website
- highq.com
Key Metrics
Founded Year
2001
Location
Toronto, Canada
Stage
Acquired
Total Funding
$50M in 1 round
Latest Funding Round
Investors
Ranked
12th among 828 active competitors
Employee Count
126 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Thomson Reuters (Jul 18, 2019)
Legal entities associated with HighQ
HighQ is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OXFORD HIGHQ LTD CIN: 11002764 , United Kingdom, Active | Oct 08, 2017 | - | 17 (As on Jan 31, 2021) | |
Highq Solutions Limited CIN: 4191903 , Germany, Active | £10M - £50M (As on Apr 30, 2019) | - |
HighQ's acquisition details
HighQ got acquired by Thomson Reuters on Jul 18, 2019.
Click here to take a look at HighQ's acquisition in detail
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HighQ's funding and investors
HighQ has raised a total funding of $50M over 1 round. Its latest funding round was a Series C round on Dec 2015 for $*****. 3 investors participated in its latest round. HighQ has 4 institutional investors.
Here is the list of recent funding rounds of HighQ:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 2015 | 8459542 | Series C | 7471245 | 4804790 | 5044187 | 3725554 |
View details of HighQ's funding rounds and investors
HighQ's founders and board of directors
Founder? Claim ProfileHere are the details of HighQ's key team members:
- Veenay Shah: Founder of HighQ. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Ajay Patel: Founder & CEO of HighQ. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Saviz Izadpanah: Co-Founder of HighQ. They serve on the board of 1 company.
HighQ's Board of Directors
HighQ's board has 3 active members. Sarah Goudy, Kimberley Major and Wayne David Rowell are independent board members.Here is the list of HighQ's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
tsuw{yt | Team | - | Past | 3y 6m |
vsbifik | Team | - | Past | 2y 6m |
jyceexn | Team | - | Past | 1y 9m |
dxkzjm{ | Team | - | Past | 9y 5m |
cjgozck | Team | - | Past | 9y 3m |
Independent board member | - | Current | 6y 10m | |
eqgvwti | Independent board member | - | Current | 8y 8m |
kexzwlw | Independent board member | - | Current | 2y 9m |
stdgmlo | Independent board member | - | Past | 3y 8m |
iptakto | Independent board member | - | Past | 1y 4m |
h{ntiqr | Independent board member | - | Past | 8y 7m |
orswjt{ | Independent board member | - | Past | 6y 5m |
View details of HighQ's Founder profiles and Board Members
HighQ's employee count trend
HighQ has 126 employees as of May 26. Here is HighQ's employee count trend over the years:
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HighQ's Competitors and alternates
Top competitors of HighQ include Clio, Filevine and Litify. Here is the list of Top 10 competitors of HighQ, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering legal practice management software | $1.79B | 80/100 | ||
2nd | Filevine 2014, Provo (United States), Series E | Provider of legal practice management software with integrated AI capabilities | $548M | 67/100 | |
3rd | Litify 2016, New York City (United States), Acquired | Cloud based enterprise legal management software | $78.6M | 65/100 | |
4th | Dye & Durham Corp. 1874, New Westminster (Canada), Public | Developer of software for legal practice management and financial transactions | $25M | - | 63/100 |
5th | Eve 2020, San Francisco (United States), Series B | Developer of AI legal software for plaintiff law firms | $164M | 62/100 | |
6th | Developer of software identifying legal risks from public data sources | $63M | 61/100 | ||
7th | Elite 1980, Culver City (United States), Acquired | Provider of financial, time, invoice, and data management software solutions | - | - | 60/100 |
8th | Litera 1995, Chicago (United States), Acquired | Online practice management software for law firms | - | 59/100 | |
9th | Smokeball 2010, Chicago (United States), Series B | Cloud based legal practice management software | $30M | - | 59/100 |
10th | Case Status 2018, Charleston (United States), Series B | Provider of client intelligence platform for law firms and clients | $33.6M | 58/100 | |
12th | Cloud collaboration platform for multiple industries | $50M | 54/100 |
Looking for more details on HighQ's competitors? Click here to see the top ones
HighQ's Investments and acquisitions
HighQ has acquired Legal Anywhere. HighQ has not made any investments as of now.Reports related to HighQ
Here is the latest report on HighQ's sector:
News related to HighQ
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Cerence Appoints Prateek Kathpal as Chief Technology OfficerGlobeNewswire•Nov 01, 2019•Cerence, HighQ, Accusoft, Cognizant and 1 other
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One Peak Partners Announces Agreement to Sell HighQ to Thomson ReutersBusiness Wire•Jul 25, 2019•One Peak, HighQ, Thomson Reuters, Morgan Stanley and 1 other
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Thomson Reuters acquires HighQSeeking Alpha•Jul 18, 2019•Thomson Reuters, HighQ, One Peak, Morgan Stanley
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Outset UK deploys HighQ to support internal teams and enhance client serviceGlobeNewswire•Apr 02, 2019•HighQ, Outset
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Eversheds Sutherland (US) deploys HighQ’s collaboration software to provide attorneys, clients with industry-leading tech toolsLegal IT Professionals•Jan 29, 2019•HighQ, Eversheds Sutherland
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Berkeley Bridge partners with Highq to provide intelligent legal solutionsLegal IT Professionals•Jan 24, 2019•Berkeley Bridge, HighQ
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