What is Five9?
Five9, Inc. operates as a key player in the cloud contact center software market, offering a comprehensive platform designed to enhance customer service, sales, and marketing functions. The company's suite of applications includes interactive virtual agents, agent assistance tools, workflow automation, workforce engagement management, and AI-powered insights and summaries. These capabilities enable businesses to manage customer interactions seamlessly across voice, chat, email, web, social media, and mobile channels. By integrating with enterprise applications such as CRM software, Five9's platform optimizes the customer experience and boosts agent productivity, serving a wide array of industries including banking, financial services, retail, healthcare, technology, and education.
How much funding has Five9 raised?
Five9 has raised a total of $411.8M across 10 funding rounds:
Series A
$5M
Series B
$12M
Private Equity
$12M
Series C
$8.6M
Private Equity
$12M
Series D
$22M
Debt
$12.5M
Multiple Rounds
$327.7M
Series A (2004): $5M with participation from Hummer Winblad Venture Partners and Mosaic Ventures
Series B (2005): $12M led by Mosaic Ventures, Hummer Winblad Venture Partners, and Partech Ventures
Private Equity (2008): $12M supported by Partech International, Hummer Winblad Venture Partners, and Mosaic Ventures
Series C (2011): $8.6M featuring Hummer Winblad Venture Partners, Partech International, and Adams Street Partners
Private Equity (2012): $12M backed by Adams Street Partners, Partech Ventures, and Hummer Winblad Venture Partners
Series D (2013): $22M with participation from Adam Street Partners, SAP Ventures, Partech International, and Hummer Winblad Venture Partners
Debt (2013): $12.5M led by City National Bank
Debt (2014): $30M supported by Fifth Street Technology Partners
Stock Issuance/Offering (2014): $72.7M featuring Undisclosed
Share Placement (2014): $225M backed by Undisclosed
Key Investors in Five9
Mosaic Ventures
Mosaic Ventures is a venture capital firm specializing in AI-driven startups at the Seed and Series A stages, offering hands-on support to European entrepreneurs with a focus on global scalability and AI application layer innovation.
Hummer Winblad Venture Partners
Hummer Winblad Venture Partners focuses on early-stage enterprise software companies, providing crucial initial capital and operational expertise to help entrepreneurs in the SaaS sector achieve significant growth and market success.
Partech Ventures
Partech is a global investment firm that supports entrepreneurs across seed, venture, and growth stages with capital and operational experience, investing in a broad range of technologies and businesses for both enterprises and consumers.
What's next for Five9?
The substantial enterprise-level funding and recent strategic investment indicate that Five9 is poised for accelerated expansion and continued innovation in the competitive cloud contact center space. This capital infusion is likely to fuel further development of its AI capabilities, enhance its platform's integration with other business systems, and support its global market penetration efforts. As businesses increasingly prioritize seamless and intelligent customer engagement, Five9's strategic positioning and technological advancements suggest a trajectory of sustained growth and market leadership.
See full Five9 company page