PartnerStack, a partner platform provider for SaaS, has earned $35 million CAD Series B financing to speed growth through channel sales and to expand its partnerships and repertoire. Led by New York’s 3L with participation from, Harbourvest, Whitecap Venture Partners and preexisting investor RRE Ventures, the all-equity round secures PartnerStack’s future with another year of triple digit revenue growth.
Bryn Jones, PartnerStack’s CEO said in an interview that Partnerstack decided to raise this round after seeing an increase in SaaS market partnerships.
Offering a partner relationship management platform, PartnerStack will increase company sales, accelerate growth and further their own partnerships. All of this started back in 2015 with a $2.4 million CAD seed round investment after graduating from YCombinator, returning to Toronto the same year.
Jones further stated,
Read the full article here.