Higher Logic, LLC

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Higher Logic, LLC - overview

Established

2007

Location

Arlington, VA-Virginia, US

Primary Industry

Software

About

Higher Logic, LLC is a technology company specializing in community engagement software, enabling organizations to foster meaningful interactions among their members, customers, and employees. Founded in 2007, Higher Logic, LLC is based in Arlington, US. The company focuses on community engagement solutions and has refined its strategy to cater to various sectors including B2B and B2C organizations. The founders, Arnau Collados, Georgina Canela, and Ginna Pedros, have cultivated an environment for innovation in community building.


The latest funding round, a GROWTH round, occurred on May 4, 2021, raising a total of USD 55. 00 mn from investors including JMI Equity, matching the total amount raised by the company. Higher Logic specializes in community engagement software designed to enhance connections among organizations and their stakeholders. Their primary offerings, Higher Logic Thrive and Higher Logic Vanilla, facilitate real conversations and knowledge sharing, addressing engagement challenges across various sectors.


Clients include professional organizations such as the Society of Health and Physical Educators (SHAPE America) and the Alliance of Community Health Plans (ACHP). Higher Logic markets its solutions across North America and is expanding into international markets, meeting the diverse engagement needs of its communities. Higher Logic generates revenue through subscription models for its community software products, specifically Higher Logic Thrive and Higher Logic Vanilla. Clients typically engage in annual subscriptions that provide access to a comprehensive suite of features, including member engagement tools and analytics.


The pricing structure is designed to cater to organizations of various sizes, ensuring that clients can choose plans tailored to their specific needs and objectives. Higher Logic plans to leverage the recent funding from May 2021 to enhance its product offerings and expand into new markets. The company is focusing on developing new features for its community engagement platforms and exploring geographical markets beyond North America, although specific regions and timelines have not been disclosed. This strategic investment is aimed at positioning Higher Logic for sustained growth and increased market penetration.


Current Investors

JMI Equity, Level Equity

Primary Industry

Software

Sub Industries

Social Networking & Communication Platform, Content Management Software

Website

www.higherlogic.com

Verticals

Cloud Computing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Higher Logic, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedeConverse Media Inc.-
Add-onCompletedVanilla Forums, Inc.-
GrowthCompletedHigher Logic, LLC-
Add-on, Trade SaleCompletedVanilla Forums, Inc.-
Add-onCompletedCustomer Imperative, LLC-

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Higher Logic, LLC - employee data

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