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Elastic Path Raises $90M

2022-12-07
BOSTON, MA, Elastic Path, a leader of the Composable Commerce Movement, is marking the end of 2022 with a total of $90 million in financing.
Elastic Path, a leader of the Composable Commerce Movement, is marking the end of 2022 with a total of $90 million in financing, 200% year-over-year growth in bookings, and 221 product releases. The $90 million includes $60 million announced in February, plus a recent addition of $30 million in growth funding led by Sageview Capital with participation from additional existing investors.

Elastic Path is the company powering mission-critical digital commerce for the world's leading brands, such as Intuit, Pella, Deckers Brands, T-Mobile, and over 250 other leading brands. As relentless innovators, Elastic Path pioneered the Headless Commerce space in 2011 and spearheaded Composable Commerce in 2020. Elastic Path provides industry-leading headless commerce solutions for digitally-driven brands to rapidly build, deploy, and continuously optimize highly differentiated commerce experiences. Elastic Path is a global company with offices in Boston, Newcastle, Reading, Toronto, and Vancouver.
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