TORONTO, ON and NEW YORK, NY and LONDON, UNITED KINGDOM--(Marketwired - December 12, 2016) - Maropost.com -- the category-defining provider of on-demand email and digital marketing automation solutions -- today announces that Elephant and Highland Europe have made a significant investment in the company to accelerate its rapid growth.
Headquartered in Toronto, Ontario, Maropost was recently ranked by Deloitte not only as the fourth fastest-growing Canadian technology company of 2016, with five year revenue growth of over 3,800 per cent, but also as the 36th fastest-growing technology firm across North America. The company has demonstrated sustained explosive growth, from CAD$300k in 2013, to CAD$3.3m in 2014, and CAD$15m in 2015, with more than 100 per cent revenue growth achieved so far this year.
Founded in September 2011 by Ross Andrew, the Maropost platform is deployed by a host of household-name brands such as the Golden State Warriors, Mercedes-Benz, News Corp, Rolling Stone, SHOP.com, and US Weekly. The company's elegant and ground-breaking SaaS technologies provide organizations with an integrated platform to connect with customers via email, mobile, social, automation, and display.
Maropost customers benefit from the company's unmatched quality of service, in addition to its market-leading product portfolio. While many of the startup's competitors' platforms offer customers little by way of meaningful support, Maropost pioneered 24/7 end-to-end in-app customer support, encompassing everything from account management to client success and deliverability services.
The investment from Highland Europe and Elephant will be used to underpin geographic expansion, as well as accelerate the development of new products and functionality including machine learning. "We are very excited to have partnered with two such prestigious investors in Elephant and Highland Europe to help us as we continue our rapid expansion," says Maropost's Chairman and CEO, Ross Andrew.
Sam Brooks, partner at Highland Europe, says: "Ross has built a truly exceptional business in Maropost, delivering consistent hyper-growth, while also having been bootstrapped and profitable from day one. Maropost's elegant workflow and scalable architecture enable users to create highly complex marketing automation campaigns in a matter of minutes -- truly separating it from the pack of incumbent solutions. We are thrilled to be partnering with Ross and his team."
Elephant's Jeremiah Daly adds: "Maropost has emerged as the fastest-growing disruptor in the ESP and cloud marketing software market. Ross and his team have done a phenomenal job building a leading product and scaling into enterprises who see a compelling ROI from using the Maropost platform."
Notes to editors
Maropost is the leading provider of on-demand email and digital marketing solutions. Our Software as a Service (SaaS) technologies provide organizations with integrated platforms to connect with customers via email, mobile, social, automation and display on Maropost Marketing Cloud.
Supported by collaborative global services teams, Maropost also integrates with several sales and marketing information systems such as Magento, SalesForce, Netsuite, Microsoft Dynamics, and many more. Additionally, Maropost integrates directly with the client's own internal systems, reducing the burden of data transfer. Maropost platforms power global companies around the world. For more information, visit www.maropost.com
About Highland Europe.
Highland Europe is exclusively focused on growth stage internet, mobile and software businesses. Launched in 2012 and with over $640 million in capital raised across two funds, the firm's origins were as the European operations of Highland Capital Partners, a U.S. venture capital firm. Highland Europe is based in London and Geneva and its current portfolio includes MatchesFashion.com, GetYourGuide, WeTransfer, Nexthink and Malwarebytes, among many others. To learn more, visit: www.highlandeurope.com.
Elephant is a venture capital firm focused on software, internet and mobile companies disrupting industries. The firm was founded in 2015 by Jeremiah Daly and Andy Hunt and has offices in Boston and New York. Elephant is currently investing out of its $156 million debut fund.