On December 9, 2022, Elastic Path announced the closing of a $30 million Series E investment led by Sageview Capital, with participation by other existing investors. Elastic Path is an e-commerce system that powers mission-critical digital commerce for more than 200 major brands. With this investment, Elastic Path will reduce the complexity and risk of a multi-vendor approach by providing unparalleled partnership, enabling all brands to leverage Composable Commerce.
Sageview Capital LP is a private investment firm that partners with innovators to build software and technology enabled business with over $2 billion in assets under management.
Osler, Hoskin & Harcourt LLP advised Sageview Capital with a team consisting of Mark Longo, Laura Webb and Michelle Wong (Emerging and High Growth Companies).