About HighQ
HighQ is a Professional & Legal Services company based in Toronto (Canada) founded in 2001 by Saviz Izadpanah, and was acquired by Thomson Reuters in July 2019. It operates as a cloud-based SaaS platform is utilized for secure collaboration across industries. It operates on a SaaS (Software-as-a-Service) and Managed Services model. HighQ has raised $50 million across 1 funding round from investors including Goldman Sachs, Thomson Reuters and Morgan Stanley. HighQ has completed 1 acquisition, including Legal Anywhere. Its website highq.com draws about 71 thousand monthly visits. HighQ offers products and services including HighQ, Legal Tracker, and Practical Law. Its focus areas include Technology, Software and Legal Tech. Its legal entity is Thomson Reuters. Its competitors include Clio, Litify, Dye & Durham Corp, Smokeball and inCase and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
HighQ is utilized as a secure, cloud-based solution for legal professionals, focusing on streamlining processes, enhancing productivity, and improving service delivery. It is designed to support law firms, corporate legal departments, and government organizations by offering tools for collaboration, document sharing, and workflow automation. Solutions provided by HighQ are tailored to reduce administrative burdens and increase transparency through integrated platforms. The software is positioned within the legal tech sector, addressing needs for efficiency and data security in legal operations.
- Total Equity Funding$50M (USD)
in 1 rounds
- Latest Funding Round$50M (USD), Series C
Dec 2015
- InvestorsGoldman Sachs
& 3 more
- Investments & Acquisitions
- Acquired byThomson Reuters
(Jul 2019)
Products & Services of HighQ
HighQ offers a comprehensive portfolio of products and services, including HighQ, Legal Tracker, and Practical Law.
Legal processes are streamlined with secure collaboration tools.
Legal matter management is supported with AI-powered analytics.
Legal answers are provided through AI and expert guides.
Apps and channels of HighQ
its YouTube channel Thomson Reuters Legal has 8.11K subscribers and 30 videos.
Videos from HighQ
The most watched videos on HighQ's YouTube channel, Thomson Reuters Legal (8.11K subscribers). Click a video to play it here.
More on Thomson Reuters Legal.
Funding Insights of HighQ
HighQ has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series C round of $50 million completed in December 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $50M
- Total Rounds 1
- Last Round Series C — $50M
- First Round $50M
(Dec 2015)
- Investors Count 3
All 1 funding rounds of HighQ with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2015 | $50M | Series C | – | – |
4 investors in total: 4 institutional.
Investors in HighQ
HighQ has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, Thomson Reuters and Morgan Stanley.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Venture capital investment in tech-enabled healthcare, cybersecurity and climate-tech startups | – | onepeak.tech | London, United Kingdom | |
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States | |
Cloud-based legal management and data services are provided for businesses. | 2008 | thomsonreuters.com | Toronto, Canada |
Investor details for HighQ
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of HighQ
1 people are tracked at HighQ (1 in leadership).
| Name | Role | Group |
|---|---|---|
Saviz Izadpanah | Co-Founder | Leadership |
Complete people profiles for HighQ
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by HighQ
HighQ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Legal Anywhere.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Enterprise collaboration and file sharing are enabled for law firms. | legalanywhere.com | Portland, United States | 2003 | Aug 2018 | •••• |
Complete acquisition details for HighQ
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Timeline of HighQ
4 dated milestones of HighQ across 18 years, from founding to its latest funding, stage changes and deals.
- Founded HighQ is founded.
- Funding First funding round of $50.0M.
- Acquisition Acquires Legal Anywhere.
- Exit Acquired by Thomson Reuters.
Competitors of HighQ
HighQ has 9 listed competitors in our database, 6 of them funded. They include Clio, Litify, Dye & Durham Corp., Smokeball and inCase, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clio.com | 2007 | Burnaby, Canada | $1.29B | – | Legal practice management software is provided for law firm operations. | |
| litify.com | 2016 | New York, United States | $78.56M | – | Cloud-based legal management software is provided for enterprises. | |
| dyedurham.com | 1874 | New Westminster, Canada | $25M | – | Cloud-based software for managing legal practices is provided. | |
| smokeball.com | 2010 | Chicago, United States | $30M | 136 | Cloud-based software for managing legal practices is provided. | |
| in-case.co.uk | 2013 | Manchester, United Kingdom | $1.88M | 26 | Cloud based legal practice management software | |
| litera.com | 2001 | Mcleansville, United States | – | – | Online practice management software is provided for law firms. | |
| aderant.com | 1978 | Atlanta, United States | – | 291 | Legal software for practice, matter, and financial management is offered. | |
| intelligize.com | 2007 | New York, United States | $5.01M | – | SEC compliance and analytics solutions are provided by Intelligize. | |
| mycase.com | 2009 | Goleta, United States | – | 172 | Cloud-based practice management software is offered for law firms. |
Detailed competitors of HighQ
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Web traffic of HighQ
The website of HighQ (highq.com) receives about 71.4K visits a month.
- Monthly visits71.4K
▲ 36.3% vs previous month
Websites whose visitors overlap most with HighQ. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cmswire.com | cmswire.com | 100% | – | #322,646 | – |
| workzone.com | 88% | 32.9K | #957,577 | View details | |
| teamworklive.com | 85% | – | – | View details | |
| getapp.com | 85% | 675K | #99,060 | View details | |
| socialtext.com | 85% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for HighQ
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 14 similar websites
- Audience overlap
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Top companies in Legal Tech
10 companies that operate in the same segment as HighQ (Legal Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud and AI-based electronic signatures and contract management are provided. | 2003 | San Francisco, California, United States | USD 520 M | USD 3.22 B | 6,840 | |
Legal practice management software is provided for law firm operations. | 2007 | Burnaby, British Columbia, Canada | USD 1.79 B | – | 2,371 | |
AI-powered software for contract drafting and management is provided. | 2017 | India | USD 112.95 M | USD 2.43 M | 162 | |
Contract lifecycle management software is developed using AI-powered intelligence. | 2016 | San Carlos, California, United States | USD 154.69 M | – | – | |
AI-powered ediscovery platform streamlines investigations and workflows. | 2012 | Houston, Texas, United States | USD 194.03 M | USD 156.85 M | 561 | |
AI-powered software for legal contract management is utilized. | 2012 | Lehi, Utah, United States | USD 170.95 M | – | 1,164 | |
Cloud-based legal management and data services are provided for businesses. | 2008 | Toronto, Ontario, Canada | – | USD 7.63 B | 26,400 | |
AI-driven legal research platform for attorneys is operated. | 2013 | San Francisco, California, United States | USD 67.83 M | – | – | |
Online legal services are offered to businesses and families. | 2008 | San Francisco, California, United States | USD 288.44 M | – | 482 | |
SaaS-driven property management software for owners and residential property managers | 2006 | Santa Barbara, California, United States | USD 30 M | USD 950.82 M | 1,630 |
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Related news about Highq
Complete news archive for HighQ
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
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Frequently Asked Questions about HighQ
HighQ was founded in 2001 and raised its 1st funding round 14 years after it was founded.
HighQ is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
HighQ is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series C of $50M, raised on Dec 2015.
HighQ is utilized as a secure, cloud-based solution for legal professionals, focusing on streamlining processes, enhancing productivity, and improving service delivery. It is designed to support law firms, corporate legal departments, and government organizations by offering tools for collaboration, document sharing, and workflow automation. Solutions provided by HighQ are tailored to reduce administrative burdens and increase transparency through integrated platforms. The software is positioned within the legal tech sector, addressing needs for efficiency and data security in legal operations.
HighQ offers HighQ, Legal Tracker, and Practical Law.
HighQ has made 1 acquisition, including Legal Anywhere.
HighQ has 4 investors. Key investors include Goldman Sachs, Thomson Reuters, Morgan Stanley, and One Peak.
HighQ operates through Thomson Reuters.
Yes. HighQ was acquired by Thomson Reuters in July 2019.