Elastic Path Software
Latest round
- Series B
Last raised
- Jun 2018
Total raised
- $32M
Investors
- 3
About Elastic Path Software
Based in Canada, Elastic Path Software, Inc.Elastic Path specializes in eCommerce technology solutions aimed at improving pricing and catalog management. Founded in 2000 in Vancouver, Canada, the company has undergone strategic pivots to enhance its product offering. Elastic Path was founded by Harry Chemko, who has a history of entrepreneurial ventures.Elastic Path specializes in providing advanced eCommerce solutions designed to address the intricate pricing, catalog management, and segmentation requirements of various industries, including retail, manufacturing, and distribution. The company's core offerings include dynamic bundles, which enhance customer satisfaction and product sell-through by allowing businesses to sell related items together. Additionally, Elastic Path’s platform supports flexible cart and checkout processes that aim to reduce cart abandonment through optimized design and fast API response times. The solution also features robust B2B2C management capabilities, enabling clients to efficiently handle complex distribution networks and multi-geo, multi-currency pricing requirements.Elastic Path generates revenue primarily through its subscription-based model, which allows businesses to leverage its comprehensive eCommerce platform for ongoing operational needs. Clients generally enter into partnerships with Elastic Path to gain access to its suite of services, which may include tailored solutions for B2B and direct-to-consumer sales. Transactions typically involve a subscription fee structure, allowing clients to utilize flagship offerings, such as the Product Experience Manager and Composable Frontend solutions, within a defined pricing framework.In December 2022, Elastic Path Software Inc. The company is developing new products aimed at enhancing its existing eCommerce offerings and plans to expand into new markets, specifically targeting additional regions in North America and Europe by 2024.
Who invested in Elastic Path Software
3 investors across 1 round
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Funding rounds
Series B
Jun 19, 2018
Amount
$32M
Investors
Questions about Elastic Path Software
Who invested in Elastic Path Software?
Elastic Path Software has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Elastic Path Software raised?
Elastic Path Software has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Elastic Path Software last raise money?
Elastic Path Software's most recent round on record is a Series B, in Jun 2018.
What does Elastic Path Software do?
Based in Canada, Elastic Path Software, Inc.
Where is Elastic Path Software headquartered?
Elastic Path Software is headquartered in Vancouver, Canada.
Which VCs invest in companies like Elastic Path Software?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Elastic Path Software's stage. Their profiles are linked below.
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