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
*********
-
Website
*********
-
Social
*********
- Legal Name Thomson Reuters
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$50 M (USD)
in 1 rounds
-
Latest Funding Round
$50 M (USD), Series C
Dec 01, 2015
-
Investors
Goldman Sachs
& 3 more
-
Employee Count
Employee Count
- Investments & Acquisitions
-
Acquired by
Thomson Reuters
(Jul 18, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of HighQ
HighQ offers a comprehensive portfolio of products and services, including HighQ, Legal Tracker, and Practical Law. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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 Total Funding
- Total Rounds 1
- Last Round Series C — $50.0M
-
First Round
First Round
(01 Dec 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Series C - HighQ | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment banking services are delivered across multiple financial sectors.
|
Founded Year | Domain | Location | |
|
Venture capital investment in tech-enabled healthcare, cybersecurity and climate-tech startups
|
Founded Year | Domain | Location | |
|
Wealth management, investment advisory, and financial services are provided.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by HighQ
HighQ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Legal Anywhere. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Enterprise collaboration and file sharing are enabled for law firms.
|
2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - HighQ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Highq Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Legal practice management software is provided for law firm operations.
|
|
| domain | founded_year | HQ Location |
Cloud-based legal management software is provided for enterprises.
|
|
| domain | founded_year | HQ Location |
Cloud-based software for managing legal practices is provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based software for managing legal practices is provided.
|
|
| domain | founded_year | HQ Location |
Cloud based legal practice management software
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Highq
Frequently Asked Questions about HighQ
When was HighQ founded?
HighQ was founded in 2001 and raised its 1st funding round 14 years after it was founded.
Where is HighQ located?
HighQ is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is HighQ a funded company?
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 01, 2015.
What does HighQ do?
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.
What products or services does HighQ offer?
HighQ offers HighQ, Legal Tracker, and Practical Law.
How many acquisitions has HighQ made?
HighQ has made 1 acquisition, including Legal Anywhere.
Who are HighQ's investors?
HighQ has 4 investors. Key investors include Goldman Sachs, Thomson Reuters, Morgan Stanley, and One Peak.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.