HighQ

Toronto, Canada Founded: 2001 • Age: 25 yrs Acquired By Thomson Reuters
Cloud-based SaaS platform is utilized for secure collaboration across industries.
Annual revenue - Latest available
Total funding $50.0M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About HighQ

HighQ is a company based in Toronto (Canada) founded in 2001 by Saviz Izadpanah was acquired by Thomson Reuters in July 2019. It operates as a SaaS (Software-as-a-Service) and Managed Services. 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. HighQ offers products and services including HighQ, Legal Tracker, and Practical Law. HighQ operates in a competitive market with competitors including Clio, Litify, Dye & Durham Corp, Smokeball and inCase, among others.

  • Headquarter Toronto, Canada
  • Founders Saviz Izadpanah
  • Sectors
    Professional & Legal Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Thomson Reuters
Operational Areas
Professional & Legal Services → Legal Technology Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $50 M (USD)

    in 1 rounds

  • Latest Funding Round
    $50 M (USD), Series C

    Dec 01, 2015

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Thomson Reuters

    (Jul 18, 2019)

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Products & Services of HighQ

HighQ offers a comprehensive portfolio of products and services, including HighQ, Legal Tracker, and Practical Law.

Product name locked
Category locked
Primary

Legal processes are streamlined with secure collaboration tools.

Product name locked
Category locked
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Legal matter management is supported with AI-powered analytics.

Product name locked
Category locked
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Legal answers are provided through AI and expert guides.

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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Locked Locked Locked
Venture capital investment in tech-enabled healthcare, cybersecurity and climate-tech startups
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Wealth management, investment advisory, and financial services are provided.
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Investor details for HighQ

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by HighQ

HighQ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Legal Anywhere.

Investments
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Investment portfolio details for HighQ

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Enterprise collaboration and file sharing are enabled for law firms.
Locked Locked 2003 Locked
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Complete acquisition details for HighQ

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - HighQ

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Detailed financials for HighQ

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  • Profit trends
  • Statement rows
  • Financial ratios

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Highq Comparisons

HighQ Primary company
Description
Cloud-based SaaS platform is utilized for secure collaborati...
Location
Toronto, Canada
Founded Year
2001
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for HighQ

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of HighQ

HighQ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clio, Litify, Dye & Durham Corp., Smokeball and inCase, among others.

Company Name Domain Founded year HQ Location Description
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Legal practice management software is provided for law firm operations.
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Cloud-based legal management software is provided for enterprises.
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Cloud-based software for managing legal practices is provided.
Locked Locked Locked
Cloud-based software for managing legal practices is provided.
Locked Locked Locked
Cloud based legal practice management software
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Detailed competitors of HighQ

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  • Domains and locations
  • Full company profiles
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Latest news on Highq

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Complete news archive for HighQ

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  • Source and publication date
  • Older coverage
  • 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.

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's top competitors include Clio, Smokeball and Litify.

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.

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