Five9

Five9

Cloud-based contact center software provider

Overview

Cloud-based contact center software helps businesses manage customer interactions with tools for inbound and outbound calls, including call routing, predictive dialing, IVR self-service, and analytics. The platform is accessed via a web-based suite delivered as a subscription, scalable and globally deployable with strong security. It differentiates itself with a broad feature set in the cloud, enterprise-grade security, and training via Five9 University. The goal is to help organizations improve customer service operations and efficiency by handling all interactions across channels.

About Five9

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

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Ramon, California

Founded

2001

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Simplify's Take

What believers are saying

  • Q2 2026 revenue hit $312.4 million, up 10%, with subscription growth accelerating.
  • AI revenue surged 78% to $39 million, lifting management's 2026 AI outlook to 60%.
  • Five9 won a $100 million Fortune 100 financial-services contract in August 2026.

What critics are saying

  • Judge Pitts' February 23, 2026 securities case survives, extending discovery through 2027.
  • Salesforce, ServiceNow, and Google own the AI surface; Five9 risks becoming replaceable plumbing.
  • If AI agents commoditize, Five9's margins and growth collapse before 2028.

What makes Five9 unique

  • Five9's June 23 Voice AI Agents handle low-latency, secure, tool-calling self-service.
  • Its August 6 Google Marketplace deal shows deep distribution inside enterprise procurement.
  • FIS 2.0, SCIM Circles, and ServiceNow routing embed Five9 into customer workflows.

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Funding

Total Funding

$784.1M

Above

Industry Average

Funded Over

10 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

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

โ†‘ 0%

1 year growth

โ†‘ 0%

2 year growth

โ†‘ 3%
Associated Press
Aug 18th, 2026
Five9 grants 26,982 restricted stock units to new VP of Revenue Strategy & Operations

Five9 has granted a restricted stock unit award covering 26,982 shares to Sarah Bennett as an employment inducement. Bennett joined the company as Vice President of Revenue Strategy & Operations on 20 July 2026. The award will vest over three years, with one-third vesting on 3 September 2027 and the remainder vesting quarterly thereafter until fully vested on 3 September 2029. Vesting is contingent on continuous employment. The grant was approved by Five9's Compensation Committee under the company's 2026 Inducement Equity Incentive Plan. It was issued under Nasdaq's employment inducement exemption, which requires public disclosure of such awards. Five9 provides AI-driven customer experience platforms, serving over 3,000 customers and 1,400 partners globally.

PR Newswire
Aug 13th, 2026
Regal partners with Five9 to bring AI voice automation to enterprise contact centers

Regal has partnered with Five9 to bring AI voice automation to enterprise contact centres. The integration makes Regal's autonomous AI voice agents available to Five9 customers through the Five9 AI Agent Connect programme. The partnership enables automated call follow-ups, personalised outreach based on call outcomes, and synchronised real-time call data across platforms. Regal resolves 99.5% of conversations without human intervention. The integration allows organisations to automatically trigger SMS messages or AI-powered outbound calls based on Five9 call events. Customer and call data synchronises into Regal in real time, giving both human agents and AI the context needed for personalised conversations. Regal serves more than 200 enterprises and focuses on voice AI for regulated industries. Five9's cloud platform powers contact centres for over 3,500 enterprises across 140 countries.

SaasRise
Aug 11th, 2026
OpenMethods teams with Five9 to deliver integrated omnichannel solution for Oracle Service Cloud.

OpenMethods teams with Five9 to deliver integrated omnichannel solution for Oracle Service Cloud. SaasRise - Aug 11, 2026 OpenMethods announced a partnership with Five9 to embed its PopFlow Studio into Five9's Cloud Contact Center and Oracle Service Cloud. The integration promises to shave more than 30 seconds off average call handle time and is offered to Five9 customers as a free 30-day trial. The deal underscores a broader trend of SaaS vendors building tighter ecosystems around omnichannel CX platforms. Why it matters. The OpenMethods-Five9 partnership signals a maturation of the contact-center SaaS market, where integration depth is becoming a competitive moat. By embedding workflow automation directly into the contact-center UI, vendors can shift from a transaction-based sales model to a product-led expansion strategy, driving higher net-retention and lower churn. For operators, the combined offering reduces integration overhead, shortens time-to-value, and creates a more compelling ROI narrative for enterprise buyers. Moreover, the deal highlights the strategic importance of Oracle Service Cloud as a hub for omnichannel data. As more SaaS providers align around a common CX backbone, the market may see a consolidation of best-in-class components into a few dominant ecosystems, raising the bar for new entrants and accelerating the pace of innovation in AI-driven routing, analytics, and personalization. Key points. * OpenMethods and Five9 launch PopFlow Studio integration for Five9 Cloud Contact Center and Oracle Service Cloud * Integration promises >30-second reduction in average call handle time * Free 30-day trial offered to new and existing Five9 customers * Five9 processes >3 billion customer interactions annually * Harmony multimedia bar slated for release later in 2026 Analysis. The OpenMethods-Five9 alliance is a textbook example of SaaS vendors leveraging ecosystem synergies to accelerate growth. Historically, contact-center software has been fragmented, with separate telephony, email, and chat layers requiring costly point-to-point integrations. By embedding OpenMethods' drag-and-drop automation directly into Five9's cloud UI, the partnership eliminates that friction, turning a traditionally services-heavy integration into a product feature. This shift enables a product-led growth engine: prospects can trial the integrated stack with minimal commitment, experience immediate efficiency gains, and then expand usage across additional channels. From a financial perspective, the promised 30-second handle-time reduction translates into measurable agent productivity gains. Assuming an average agent salary of $45,000 and a 30-second improvement on a 5-minute average handle time, each agent could handle roughly 4% more calls per day, equating to incremental revenue that can be captured as expansion ARR. For Five9, which already reports billions in annual interactions, even modest productivity lifts can drive double-digit net-retention improvements. OpenMethods, meanwhile, gains a distribution channel that bypasses the lengthy sales cycles typical of enterprise integration projects, allowing it to scale its ARR more efficiently. Looking ahead, the partnership may set a precedent for other CX platforms to adopt similar integration-first strategies. As AI and analytics become core to the omnichannel experience, vendors that can offer a unified data layer - combining telephony, chat, email, and CRM - will command premium pricing and higher churn resistance. The OpenMethods-Five9 move could therefore catalyze a wave of consolidation around a few dominant, tightly integrated CX ecosystems, reshaping the competitive landscape for both established players and emerging startups.

0xbasinas
Aug 11th, 2026
AI is becoming infrastructure, and that changes how you buy it.

AI is becoming infrastructure, and that changes how you buy it. 11 August 2026 The AI stories this month are not about chatbots. They are about plumbing. Two of them come from Five9, which sells contact center software. The third is Transformer Lab, a company that wants AI to run entire research pipelines. All three share a common shift: AI is moving out of the demo and into the operations layer, where the hard problems are identity, routing, and audit trails rather than prompt quality. Take Transformer Lab's Primus. The company opened access to the tool today. Primus runs dozens or hundreds of agents, each using a different model sized for its task. Some agents are tiny. Some are frontier models from big-name providers. Transformer Lab claims a single prompt can take a research question from hypothesis to a completed paper in hours or days, without additional human direction. The claims deserve scrutiny. Transformer Lab says it produced and published 30 "Masters to PhD-level" research papers in 30 consecutive days. The domains span materials science, physics, seismology, protein design, and 3D vision. One paper has already received a citation in research published by the Google DeepMind team. That is the concrete evidence, and it is thinner than it looks. A single citation shows the paper was read and referenced. It does not show the research passed peer review. The company does not explain how it assessed the papers as "Masters to PhD-level." Its terms forbid users from submitting the produced papers to journals, and it asks human volunteers to review them instead. Academics are skeptical. Alessandra Buccella wrote for The Conversation that "the very existence of science as a source of authoritative knowledge about the natural world fundamentally depends on human life." I understand the discomfort, but I read the DeepMind citation as a real signal. The pace of output is a genuine change in what a small team can attempt. The honest framing: Primus is not replacing scientists. It is replacing the labor of reading, summarizing, and drafting, which is a large slice of what graduate students actually do. Whether that helps science depends on whether publishing practices change to match. On the contact center side, Five9 rolled out FIS 2.0, its identity service, plus a controlled availability feature called Automated User Management. The identity work matters because contact centers run on permissions. Agents need access to the dialer, the CRM, the knowledge base, and supervisor dashboards. When an agent leaves, that access has to disappear. FIS 2.0 adds strong password policies, multi-factor authentication, and single sign-on. AUM contributes SCIM, the industry-standard API for provisioning users, and a feature called Circles, which automates the assignment of skills and applications. The value is not exotic. It is that onboarding and offboarding stop being manual tickets. SCIM handles the identity provisioning. Circles handles the profile data. Together they turn a week of administrative work into a configuration. For a large contact center with seasonal hiring, that is real money, and it also makes compliance audits less painful because you can point at an automated deprovisioning log instead of a spreadsheet. Five9 also announced Fusion for ServiceNow. The integration pipes real-time transcription from Five9's TranscriptStream into the ServiceNow workspace. ServiceNow's Now Assist converts those transcripts into case summaries, resolution notes, and recommended actions. AI Search surfaces knowledge articles at the moment an agent needs them. Five9's unified routing engine uses customer and case data from ServiceNow to send each interaction to the best available agent the first time. The routing claim is the part I find most interesting. Five9 says it routes based on skills, history, and real-time workload pulled directly from ServiceNow case data. That is the difference between a queue and an actual routing decision. The transcript summarization is useful, but it is becoming table stakes in 2026. The routing integration is the piece that actually moves first-call resolution rates. The pattern is clear from last week's Five9 Fusion for Salesforce announcement too. Five9 is building the contact center as a data layer and letting the CRM or ITSM platform own the AI surface. That is a deliberate architectural choice. The customer can activate Einstein for Service or Now Assist without ripping out the contact center. Choose your AI, not your telephony. My practical takeaways: Treat AI procurement as infrastructure procurement. Ask about integration standards, SCIM support, and routing APIs before you ask about model quality. The model is a switchable component. The wiring is not. For research automation tools, verify the output pipeline rather than the headline. A citation from a DeepMind team is a data point, not a certification. Check whether the papers can enter the peer review system and what review path exists. For identity, check whether automation covers deprovisioning as well as provisioning. Most tools nail the onboarding flow and quietly drop the offboarding one. SCIM does both, and Circles-style profile automation is what makes it stick. The throughline across all three announcements is that AI vendors are now competing on integration quality, not on benchmark scores. Five9 wins by talking cleanly to ServiceNow and Salesforce. Transformer Lab stakes its claim on the breadth of agents it can orchestrate. The model is the commodity. The wiring is the product. None of this answers whether AI should write research papers. That question has a political answer, not a technical one. But the technical trajectory is legible: AI is being measured by how well it plugs into your identity system, your case data, and your routing logic. If a vendor cannot do that, the underlying model does not matter.

Yahoo Finance
Aug 7th, 2026
Five9's AI revenue soars 78% as firm secures $100M Fortune 100 deal

Five9 reported Q2 2026 revenue of $312 million, up 10% year-over-year and exceeding guidance. Subscription revenue grew 14% year-over-year, marking the third consecutive quarter of acceleration. AI revenue surged 78% year-over-year to approximately $39 million, representing an annual run rate exceeding $150 million. AI now accounts for roughly 15% of total subscription revenue, up from 9% a year ago. The company secured a Fortune 100 financial services customer with approximately $100 million in total contract value, expected to reach $25 million in subscription ARR when fully deployed. The dollar-based retention rate held steady at 107%. Five9 raised its full-year AI growth outlook from over 40% to at least 60%. Full-year 2026 revenue guidance increased to a midpoint of $1.266 billion.

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