Five9

Five9

Cloud-based contact center solutions provider

About Five9

Simplify's Rating
Why Five9 is rated
B-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated D+ on Rating Differentiation

Industries

Consumer Software

Enterprise Software

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$69.6M

Headquarters

San Ramon, California

Founded

2001

Overview

Five9 provides cloud-based contact center solutions that help businesses manage customer interactions effectively. Its main products include tools for advanced call routing, predictive dialing, and Interactive Voice Response (IVR) self-service, which streamline both inbound and outbound communications. Unlike many competitors, Five9 operates on a subscription model, allowing clients to pay monthly or annually without long-term contracts, making it a flexible option for businesses of all sizes. The company's goal is to enhance customer service operations while ensuring high standards of security and reliability in its services.

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven sentiment analysis tools enhance customer understanding and service quality.
  • Integration of AI with IVR systems improves self-service capabilities and customer satisfaction.
  • Demand for omnichannel communication platforms is rising, benefiting Five9's comprehensive suite.

What critics are saying

  • Class action lawsuit for alleged securities fraud may harm Five9's reputation and finances.
  • Sagar Gupta's board appointment could lead to strategic shifts unsettling stakeholders.
  • Technical challenges in Microsoft Teams integration may impact customer satisfaction.

What makes Five9 unique

  • Five9 offers advanced call routing and predictive dialing for efficient communication management.
  • The company provides a subscription-based model with no long-term contracts, enhancing flexibility.
  • Five9's global presence, including Southeast Asia, strengthens its market position.

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Funding

Total Funding

$69.6M

Below

Industry Average

Funded Over

8 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Mental Health Support

Paid Vacation

Paid Sick Leave

Parental Leave

Employee Stock Purchase Plan

Employee Discounts

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

1%

2 year growth

0%
Five9
Feb 10th, 2025
Riding the Wave Into 2025: Top 5 Highlights From Five9 SKO

As Five9, Inc. return from an incredible week at Five9 SKO 2025 in San Diego, I can't help but feel the momentum building.

Five9
Jan 16th, 2025
Top 5 Finalists for Five9 New Era of CX Awards: Most Trusted Expert

Five9's New Era of CX Awards honors the most innovative companies redefining CX and AI in business.

PR Newswire
Dec 27th, 2024
Outboundiq Achieves Certified Implementation Partner (Cip) Status With Five9

Delivering Optimized, Outbound-Focused Contact Center Solutions for Modern BusinessesLAUDERDALE LAKES, Fla., Dec. 27, 2024 /PRNewswire/ -- outboundIQ www.outboundiq.com proudly announces its accreditation as a Five9 Certified Implementation Partner (CIP), a distinction that reflects its deep expertise in optimizing and streamlining outbound-focused contact center operations. With a team of seasoned Five9 veterans, expert programmers, and industry thought leaders, outboundIQ is uniquely equipped to help businesses of all sizes unlock the full potential of Five9's Virtual Contact Center platform

Accesswire
Dec 18th, 2024
Levi & Korsinsky Notifies Shareholders of Five9, Inc.(FIVN) of a Class Action Lawsuit and an Upcoming Deadline

THE LAWSUIT: A class action securities lawsuit was filed against Five9, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between June 4, 2024 and August 8, 2024.

CX Today
Dec 11th, 2024
Five9 Introduces 'Industry-First' Microsoft Teams Contact Center Integration

In its related press release, Five9 revealed that the integration had received a Microsoft Teams certification and is now generally available.

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