About Elastic Path Software
Elastic Path Software is a company based in Vancouver (Canada) founded in 2000 by Harry Chemko.. Elastic Path Software has raised $152.68 million across 10 funding rounds from investors including BlackRock, BDC and Wellington Financial. The company has 49 employees as of May 27, 2025. Elastic Path Software has completed 2 acquisitions, including Moltin and Unstack. Elastic Path Software operates in a competitive market with competitors including Klaviyo, Bango, Yotpo, CommerceIQ and Eversight, among others.
- Headquarter Vancouver, Canada
- Employees 49 as on 27 May, 2025
- Founders Harry Chemko
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Sectors
TechnologyRetail
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Email
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Phone
*********
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Website
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Social
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- Legal Name Elastic Path Software Inc.
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Funding Insights of Elastic Path Software
Elastic Path Software has successfully raised a total of $152.68M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $5.12 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series C — $5.1M
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First Round
First Round
(14 Jun 2013)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series C - Elastic Path Software | Valuation |
investors |
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| Dec, 2022 | Amount | Series C - Elastic Path Software | Valuation | Sageview Capital |
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| Feb, 2022 | Amount | Series C - Elastic Path Software | Valuation | Sageview Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elastic Path Software
Elastic Path Software has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include BlackRock, BDC and Wellington Financial. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are pursued in Europe and the US.
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Founded Year | Domain | Location | |
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Technology investments are made to drive transformative industry growth.
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Founded Year | Domain | Location | |
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Beedie Capital is recognized as a multi-strategy direct investment platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elastic Path Software
Elastic Path Software has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Moltin and Unstack. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based online store creation and self-checkout solutions
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2013 | ||||
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Cloud based conversion rate optimization solutions
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Elastic Path Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elastic Path Software Comparisons
Competitors of Elastic Path Software
Elastic Path Software operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Klaviyo, Bango, Yotpo, CommerceIQ and Eversight, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS email marketing solutions are offered to e-commerce businesses.
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| domain | founded_year | HQ Location |
Marketing solutions for e-commerce businesses are provided by Bango.
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| domain | founded_year | HQ Location |
Cloud-based marketing platform for e-tailers
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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| domain | founded_year | HQ Location |
SaaS-based promotion software is offered for retail testing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elastic Path Software
Frequently Asked Questions about Elastic Path Software
When was Elastic Path Software founded?
Elastic Path Software was founded in 2000 and raised its 1st funding round 13 years after it was founded.
Where is Elastic Path Software located?
Elastic Path Software is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of Elastic Path Software?
Bryan House is the current CEO of Elastic Path Software.
Is Elastic Path Software a funded company?
Elastic Path Software is a funded company, having raised a total of $152.68M across 10 funding rounds to date. The company's 1st funding round was a Series C of $60M, raised on Jun 14, 2013.
How many employees does Elastic Path Software have?
As of May 27, 2025, the latest employee count at Elastic Path Software is 49.
What does Elastic Path Software do?
Elastic Path Software was founded in 2000 in Vancouver, Canada, within the e-commerce software sector. An API-based platform for enterprise commerce and content management is provided, incorporating functionalities such as commerce engine, customer engagement, promotions, payments, catalog management, search, merchandising, account management, and PIM. Pre-built applications for chatbot, augmented reality, and voice commerce are also included. Clients served encompass Illumina, Breville, Tesla, and Motability.
Who are the top competitors of Elastic Path Software?
Elastic Path Software's top competitors include Klaviyo, CommerceIQ and Yotpo.
How many acquisitions has Elastic Path Software made?
Who are Elastic Path Software's investors?
Elastic Path Software has 6 investors. Key investors include BlackRock, BDC, Wellington Financial, Sageview Capital, and Yaletown.
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