Elephant, Highland invest in digital marketing startup Maropost
Toronto digital marketing startup Maropost has secured an undisclosed investment from U.S. venture capital firm Elephant Partners and European venture capital firm Highland Europe. Founded in 2011 by CEO Ross Andrew, Maropost provides e-mail and digital marketing automation solutions to help enterprises connect with customers. It placed fourth on Deloitte's 2016 Canadian Technology Fast 50, showing a five-year revenue growth rate of 3,809 percent. The company said the funds raised will allow it to continue expanding its geographic footprint and accelerate the development of new products and functionality, including machine learning.
12 December 2016•4 mins read
