Enterprise Commerce Company Elastic Path Closes $43M Series B

Elastic Path, a Vancouver, Canada-based provider of enterprise headless commerce solutions, closed a $43m Series B growth funding.

The round, which brings total funding to over $63m, was led by Sageview Capital with participation from current investors Yaletown Partners and BDC Venture Capital.

The company intends to use the funds to expand operations.

Led by Harry Chemko, CEO, Elastic Path provides an API-oriented commerce solution for enterprises which has enabled top brands to generate over $60 billion in over 170 countries.
Customers include brands from industries as diverse as travel, telecoms, publishing, software, and retail

The company also has offices in the UK and US and soon in Toronto.



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