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Company profile: Highroads

1.1 - Company Overview

Highroads Logo

Highroads

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of a platform delivering a health plan enterprise-wide single source of truth to streamline product management, offering P2A modules for product lifecycle management, sales enablement integrated with CRM, automated compliant plan document generation (DocGen), and enterprise connectivity via APIs to enhance product data utility and operational efficiency.

Products and services

  • P2A: Product Lifecycle Management: Enterprise-grade centralized platform establishes an enterprise-wide single source of truth, enabling creation and management of health plan portfolios while facilitating design, compliance, and rapid market adaptation
  • P2A: Enterprise Connectivity: API-driven integration fabric links the enterprise ecosystem, enhancing product data utility and operational efficiency through API connectivity
  • P2A: DocGen: Compliance-ready automation generates compliant, accurate plan documents, reducing manual effort and ensuring error-free documentation for health plans

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Highroads

Express Scripts Logo

Express Scripts

HQ: United States Website
  • Description: Provider of pharmacy benefit management services in the United States and Canada, including clinical solutions, specialized pharmacy care, home delivery and specialty pharmacy, retail network pharmacy administration, benefit design consultation, drug utilization review, and drug formulary management. Offerings include Express Scripts Pharmacy home delivery, electronic prior authorization, TRICARE Home Delivery, National Preferred Formulary, and Medicare Part D formularies.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Express Scripts company profile →
Sempre Health Logo

Sempre Health

HQ: United States Website
  • Description: Provider of a behavior-based dynamic pricing platform for healthcare, offering a prescription discount program that increases with on-time refills via text reminders and automatic copay adjustments; SMS-based refill reminders and discount delivery; a real-time analytics dashboard for health plans to monitor enrollment, engagement, and outcomes; and de-identified data for research, analysis, and service improvement.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Sempre Health company profile →
Nirvana Health Logo

Nirvana Health

HQ: United States Website
  • Description: Provider of national full-service pharmacy benefit management, leveraging the Collaborative PBM Cloud™ to manage standard and specialty drug benefits.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Nirvana Health company profile →
Ika Systems Logo

Ika Systems

HQ: United States Website
  • Description: Provider of Web-based enterprise resource planning technology for process automation and intelligence management supporting health insurers’ commercial, Medicare, and Medicaid businesses, offering a member portal for administrative self-service and a provider portal that automates processes.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Ika Systems company profile →
Concuity Logo

Concuity

HQ: United States Website
  • Description: Provider of revenue cycle management software and services specializing in contract profitability, contract compliance, denial management, and revenue process and lifecycle improvement. Delivers 100% web-based, highly scalable solutions that give healthcare organizations visibility and control.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Concuity company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Highroads

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Buyer group 1: ████████ ████████

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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Highroads

2.2 - Growth funds investing in similar companies to Highroads

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4 - Top valuation comps for Highroads

4.2 - Public trading comparable groups for Highroads

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4.3 - M&A Transactions similar to Highroads

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Highroads

What does Highroads do?

Highroads is a provider of a platform delivering a health plan enterprise-wide single source of truth to streamline product management, offering P2A modules for product lifecycle management, sales enablement integrated with CRM, automated compliant plan document generation (DocGen), and enterprise connectivity via APIs to enhance product data utility and operational efficiency.

Who are Highroads's competitors?

Highroads's competitors and similar companies include Express Scripts, Sempre Health, Nirvana Health, Ika Systems, and Concuity.

Where is Highroads headquartered?

Highroads is headquartered in Canada.

How many employees does Highroads have?

Highroads has 1,000 employees 🔒.

When was Highroads founded?

Highroads was founded in 2010 🔒.

What sector and industry vertical is Highroads in?

Highroads is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Highroads

Who are the top strategic acquirers in Highroads's sector and industry

Top strategic M&A buyers and acquirers in Highroads's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Highroads?

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Financial Investors investing in Highroads's sector and industry vertical

Which are the top PE firms investing in Highroads's sector and industry vertical?

Top PE firms investing in Highroads's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Highroads's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Highroads's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Highroads include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Highroads's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Highroads?

The key public trading comparables and valuation benchmarks for Highroads include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Highroads for public valuation benchmarks?

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What are recent M&A transactions in Highroads's sector and industry vertical?

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What are recent capital raises and funding rounds in Highroads's' sector and industry vertical?

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