On May 26, 2021, PartnerStack completed its US$29 million Series B financing round led by 3L and including Whitecap Venture Partners, Harbourvest and RRE Ventures. The funding marks PartnerStack’s fourth consecutive year of triple digit revenue growth and brings the company’s total funding to US$38 million. PartnerStack will use the proceeds to recruit more partners, improve the platform’s discoverability, strengthen its payments and automation technology, expand its team and establish a new headquarters in Toronto.
PartnerStack is a Toronto-based software firm specializing in providing companies with the tools to build, manage and scale channel partner programs.
Osler, Hoskin & Harcourt LLP advised PartnerStack with a team consisting of David Jamieson, Gary Marshall (Emerging and High Growth Companies), Jillian Mulroy and Tori Lechner-Sung (Corporate).