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§ Private Profile · Vancouver, BC, Canada
SaaS enterprise software providing a composable commerce platform for enterprise e-commerce, focused on headless and API-first solutions.
Elastic Path is a Vancouver, Canada-based enterprise software company that provides a composable, API-first commerce platform for building headless digital shopping experiences. Operating on a software-as-a-service subscription model, the company generates eight-figure annual revenue and currently employs approximately 200 people across its global operations. The organization has raised $54.2 million in total funding from institutional venture capital firms, with notable backing from Yaletown Partners and Sageview Capital Partners. Its enterprise e-commerce infrastructure is utilized by major corporate customers such as Intuit, Carnival, and T-Mobile to power their highly customizable online retail operations. Under the recent leadership of Chief Executive Officer Bryan House, the firm has previously reported fiscal year growth rates reaching 60 percent for its core software products. Elastic Path was originally founded in 2000 by Harry Chemko alongside a team of three other co-founders.
Elastic Path has raised $162.3M across 8 funding rounds.
Elastic Path has raised $162.3M in total across 8 funding rounds.
Elastic Path has raised $162.3M in total across 8 funding rounds.
Elastic Path's investors include Jeff Klemens, Sageview Capital, BlackRock, BDC Capital, BDC, Randy Garg, Wellington Financial.
Elastic Path has raised $162.3M across 8 funding rounds. Most recently, it raised $30.0M Other Equity in December 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 7, 2022 | $30M Venture Round | Jeff Klemens | — | Announced |
| Feb 2, 2022 | $60M Venture Round | Sageview Capital | BlackRock | Announced |
| Jun 19, 2018 | $43M Series B | Sageview Capital | BDC Capital | Announced |
| Oct 29, 2015 | $7.6M Venture Round | BDC | — | Announced |
| Sep 10, 2014 | $4.9M Venture Round | BDC | — | Announced |
| Mar 14, 2014 | $5M Venture Round | Randy Garg | — | Announced |
| Jul 22, 2013 | $3.9M Venture Round | — | — | Announced |
| Jun 14, 2013 | $8M Debt Financing | Wellington Financial | — | Announced |