What is HighRoads?
HighRoads operates a sophisticated cloud-based technology platform designed to empower businesses in configuring and selling innovative health care products. Founded in 1999 and headquartered in Burlington, Massachusetts, the company enables on-demand sales of health care products to customers and individuals through any distribution channel. Its core offering addresses the complexities of health care product management and sales, providing a scalable solution for a dynamic market.
How much funding has HighRoads raised?
HighRoads has raised a total of $26.3M across 9 funding rounds:
Series C
$1.5M
Debt
$3M
Debt
$600K
Private Equity
$3.7M
Private Equity
$3M
Private Equity
$2M
Debt
$1M
Series C (2008): $1.5M supported by ABS Ventures, Kodiak Venture Partners, RBC Venture Partners, and Egan-Managed Capital
Debt (2009): $3M, investors not publicly disclosed
Debt (2010): $600K, investors not publicly disclosed
Private Equity (2014): $3.7M with participation from ABS Ventures, Kodiak Venture Partners, Clarkston Merchant Partners, and Egan-Managed Capital
Private Equity (2015): $3M, investors not publicly disclosed
Private Equity (2016): $2M, investors not publicly disclosed
Debt (2020): $1M featuring PPP
Key Investors in HighRoads
Kodiak Venture Partners
Kodiak Venture Partners is a venture capital firm founded in 1999 that focuses on seed and early-stage investments in North America, particularly in technology sectors. They are known for taking a hands-on approach to building market leaders.
ABS Ventures
ABS Ventures specializes in mid-stage technology investments, providing growth capital and shareholder liquidity. With over 25 years of experience, they actively engage in board involvement to help build industry-leading companies.
Egan-Managed Capital
Egan-Managed Capital is a New England-focused venture capital firm that provides funding for early-stage high-technology start-ups, offering strategic guidance and hands-on management involvement.
What's next for HighRoads?
With the recent major strategic investment, HighRoads is poised for accelerated growth and innovation. The company's established presence since 1999, coupled with consistent capital backing, suggests a strategic focus on enhancing its product suite and expanding its market reach. Future developments are likely to center on leveraging its cloud technology to address evolving health care regulations and consumer demands, solidifying its role as a key player in health care product management and sales.
See full HighRoads company page
