Stackline, a Seattle, WA-based technology company that builds subscription-based ecommerce tools for thousands of the largest consumer brands and retailers, received a $130m strategic investment from TA Associates.
TA’s investment follows a $50m investment from the Growth Equity team within Goldman Sachs Asset Management in November 2020.
The company intends to use the funds to continue growing its product offerings and expanding its global presence.
Founded in 2014 by Michael Lagoni, CEO, Stackline provides an ecommerce platform that unites real-time data across shopper, marketing, operations and competitive intelligence. It also equips brands with tools to automate and execute ecommerce marketing and operations, spanning the largest online retail platforms.
By combining market intelligence, advertising automation, workflow management and operational analytics into a single platform, Stackline delivers operating system for companies such as Starbucks, Sony, General Mills, Mondelez and Levi’s to scale their online retail business globally. Recent product releases include integrated advertising partnerships with Walmart Connect and Instacart, in addition to scaling existing programs with Amazon; and retailer coverage expansion to eight new countries, bringing the total to more than 20.
The company has 150 full-time employees in offices in Minneapolis and London.
FinSMEs
08/06/2021