Highspot
Facts
- HQ
- San Diego, California, US
- Sectors
- Software Development
- Founded
- 2012
- Type
- Corporation Seattle business license
- Employees
- 773
- Registered name
- Highspot Inc Seattle business license
- Total raised
- $641.5M SEC Form D filings Total of this company's SEC Form D filings
- Last round
- $248M · Dec 2021 SEC Form D
Seattle startups raise record $3.1B in H1 2021, producing 12 local unicorns as Auth0 exits for $6.5B
Seattle-area startups raised a record $3.1 billion across 205 deals in H1 2021, driven by mega-rounds that produced at least 12 local unicorns and broader Pacific Northwest tech funding topping $5 billion. National VC activity and IPO/M&A dollar volumes are also surpassing prior records, with major exits like Auth0’s $6.5 billion acquisition by Okta highlighting regional maturation.
Ben Gilbert of PSL and 'Acquired' on the red-hot market for IPOs, VC and acquisitions
Another day, another deal. Keeping up with the flurry of acquisitions, IPOs, SPACs and venture capital these days is no easy task. In fact, IPO dollar volume for 2021 has already reached $171 billion, surpassing the record totals of last year. Same goes for mergers and acquisitions, with record levels of deal activity tracked for 2021. The money is certainly flowing. Washington state now boasts 11 "unicorns" — privately held companies boasting valuations of $1 billion or more. Many of them — such as Highspot, Zenoti and Outreach — have raised venture capital rounds of $150 million or more in…
Flyhomes raises $150 million to scale cash-offer homebuying and mortgage services nationwide
Seattle startup Flyhomes raised $150 million to expand its cash-offer homebuying model and integrated mortgage and selling services nationwide, positioning itself against iBuyers and Zillow. CEO Tushar Garg said the funding supports building an end-to-end home-buying experience that gives clients a competitive edge in a chaotic market.
Stackline raises $130M Series B from TA Associates after $50M raise last November; serves 2,000+ brands
Seattle-based e-commerce software company Stackline raised $130 million from TA Associates in a Series B, less than a year after a $50 million round; the firm serves over 2,000 brands, has been profitable since 2014, and grew headcount 75% this year.
Outreach raises $200M, valuation climbs to $4.4B as Seattle sales-software firm expands AI products
Sales software startup Outreach raised $200 million in venture capital, pushing its valuation to $4.4 billion as the 10-year-old Seattle company expands AI-driven sales products and serves over 4,600 customers. The company reported $100 million in annual recurring revenue in fall 2020 and has now raised a total of $489 million.
Madrona Venture Group’s Steve Singh Details Six Post-COVID Tech Trends and Reasons for Hope on GeekWire Podcast
Steve Singh, managing director of Madrona Venture Group and former CEO of Docker and Concur, joined GeekWire to discuss reasons for hope and six technology trends to watch as the Pacific Northwest emerges from the pandemic, in a special episode tied to the 2021 virtual GeekWire Awards.
Robert Wahbe (Highspot CEO & Co-Founder) on category definition, listening harder, and thinking from first principles
Highspot has reached a $2.3B valuation, 500+ employees, and $397M raised just 9 years since founding. What's made that possible? Robert Wahbe (Co-Founder & CEO) is a strategic thinker who has found many non-obvious strategies and frameworks to scale his business. He went behind the scenes on his story and shared the principles and lessons driving Highspot's growth.
Seattle-area startups raise record $1.64B in Q1 as U.S. VC funding jumps to $69B, PitchBook/NVCA say
PitchBook and NVCA report U.S. VC activity surged in Q1 2021 to $69 billion across 3,987 deals, while Seattle-area startups raised a Q1 record $1.64 billion across 88 deals, up from $616 million a year earlier. Mega-deals, fundraises, exits and SPAC activity all hit notable highs, and industry leaders say ample dry powder and economic recovery are driving larger investments.
Icertis raises $80M Series F led by B Capital, valuation jumps to $2.8B; total funding $280M
Seattle-area contract-management software company Icertis raised an $80 million Series F, boosting its valuation to $2.8 billion and bringing total funding to $280 million as it reports revenue north of $100 million and 1,400 employees worldwide.
Highspot raises $200M Series E at $2.3B valuation, becoming Seattle’s newest unicorn
Highspot, a nine-year-old Seattle enterprise sales enablement startup, raised a $200 million Series E at a $2.3 billion valuation, becoming the city’s newest unicorn. The company says ARR grew 900% over three years and its platform uses AI to optimize sales conversations for customers like Hootsuite, Twitter, Siemens and Workday.
Pandemic Accelerates Adoption of Enterprise Software in Seattle, Boosting Cloud and Cybersecurity Startups
The COVID-19 pandemic is accelerating adoption of enterprise software in the Seattle and Pacific Northwest tech scene, highlighting startups in cloud computing and cybersecurity that dominate the GeekWire 200. Analysts say enterprise cloud firms appear relatively resilient to recessionary pressures compared with consumer-facing startups, though risks remain if businesses cut spending.
Madrona hires ex-AWS product manager Anu Sharma as principal; Saykara and DomainTools add senior marketing and leadership hires
Madrona Venture Group hired Anu Sharma as a principal from AWS; Seattle startups and tech companies also announced hires and promotions, including Saykara naming Joy Efron VP of marketing and DomainTools adding four executives (CTO James Reynolds, CCO Jeff Day, VP of product Jackie Abrams, and VP of people Jill Boon).
GeekWire Opens Voting for 2020 Geekiest Office Space: Create33, doxo, Highspot, Rover and Sonos Finalists
GeekWire opened community voting for the 2020 GeekWire Awards' Geekiest Office Space category, with five Seattle-area finalists — Create33, doxo, Highspot, Rover and Sonos — competing for the title judged alongside feedback from over 20 judges. Winners will be announced on May 19 at the GeekWire Awards event (now virtual on July 23), and the 2019 winner was Tableau.
Tim Porter
Tim Porter, Managing Director at Madrona Venture Group, discusses how the venture capital firm operates, what a day in the life of a VC looks like, what he looks for in a founder, and funding female founders. Prior to joining Madrona in 2006, Tim attended MIT and Stanford Business School and worked at Teledesic and Microsoft. His passion about very early stage companies makes him a perfect fit for his current role, where he focuses on investing in B2B software companies in the Pacific Northwest. Some of Tim’s companies include Heptio, Highspot, Algorithmia and Lattice Data. Beyond talking about his…
Secret Startup Ingredient: Microsoft
Would you have guessed that nearly 25 percent of the Seattle region's top tech startups are led by CEOs with backgrounds at Microsoft? That was the surprising result of our analysis of the GeekWire 200, our index of the top privately held tech companies in the Pacific Northwest. And fundings for the region's startups bucked the national trend, as reflected in data from our new startup deal tracker. Nintendo unveiled a new iteration of its Switch game console; former Microsoft CEO Steve Ballmer pulled off what might be his greatest deal ever; and an Amazon employee showed the potential of…
People
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Robert Wahbe Founder, Founder and CEO, Executive Officer, Director, Promoter
