Highspot was founded in 2022 by David Wortendyke, Oliver Sharp, Robert Wahbe, and Scot Gellock. The company has not publicly endorsed plans to participate in an IPO.
Highspot is a sales platform that uses AI to help sales teams improve performance and engage buyers. The company intends for its product to be used in conjunction with other CRM platforms. In 2022, Highspot acquired Nova AI. Highspot has earned spots on numerous lists and awards, including Forbes Cloud 100, Deloitte Technology Fast 500, and Forbes’ America’s Best Startup Employers. The company has raised more than $640 million in venture capital funding from investors including B Capital Group, D1 Capital Partners, ICONIQ, Madrona Venture Group, Salesforce Ventures, Sapphire, and Tiger Global. In January 2022, Highpoint announced a $3.5 billion valuation following a $248 million Series F funding round.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/13/2022 | Series F | $250MM | $xx.xx | $3.5B | B Capital Group, D1 Capital Partners, Iconiq Growth, Madrona Venture Group, Salesforce Ventures, Sapphire Ventures, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
28,844,073
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
B Capital Group, D1 Capital Partners, Iconiq Growth, Madrona Venture Group, Salesforce Ventures, Sapphire Ventures, Tiger Global Management
|
||||||
02/22/2021 | Series E | $201MM | $xx.xx | $2.32B | Bain & Company, Iconiq Growth, Madrona Venture Group, Openview, Salesforce Ventures, Sapphire Ventures, Shasta Ventures, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
32,721,121
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bain & Company, Iconiq Growth, Madrona Venture Group, Openview, Salesforce Ventures, Sapphire Ventures, Shasta Ventures, Tiger Global Management
|
||||||
12/03/2019 | Series D-1 | $75MM | $xx.xx | $790.02MM | Iconiq Growth, Madrona Venture Group, Openview, Salesforce Ventures, Sapphire Ventures | |
Price per Share
$xx.xx
Shares Outstanding
31,171,417
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Iconiq Growth, Madrona Venture Group, Openview, Salesforce Ventures, Sapphire Ventures
|
||||||
06/04/2019 | Series D | $67.5MM | $xx.xx | $524.29MM | Iconiq Growth, Madrona Venture Group, Openview, Salesforce Ventures, Sapphire Ventures | |
Price per Share
$xx.xx
Shares Outstanding
37,486,240
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Iconiq Growth, Madrona Venture Group, Openview, Salesforce Ventures, Sapphire Ventures
|
||||||
09/24/2018 | Series C | $35MM | $xx.xx | $205.55MM | Madrona Venture Group, Openview, Salesforce Ventures, Shasta Ventures | |
Price per Share
$xx.xx
Shares Outstanding
43,045,134
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Madrona Venture Group, Openview, Salesforce Ventures, Shasta Ventures
|
||||||
06/15/2017 | Series B | $15MM | $xx.xx | $48.57MM | Madrona Venture Group, Salesforce Ventures, Shasta Ventures | |
Price per Share
$xx.xx
Shares Outstanding
54,406,964
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Madrona Venture Group, Salesforce Ventures, Shasta Ventures
|
||||||
11/07/2014 | Series A | $13.9MM | $xx.xx | $31.9MM | Madrona Venture Group | |
Price per Share
$xx.xx
Shares Outstanding
64,718,390
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Madrona Venture Group
|