Summit Partners Invests $30M Growth Capital in PriceLabs

Summit Partners Invests $122M Growth Round in Stay22

February 27, 2026

Cloud & SaaS

Stay22, a Montreal-based creator and travel monetization platform, raised a $122 million minority growth investment from Summit Partners to fund international expansion, product innovation and new vertical development. Summit Partners partners Colin Mistele and Daniel Kim joined Stay22's board as part of the transaction.

Summit Partners Provides Growth Capital to CoderPad

June 11, 2020

Software

Summit Partners has closed a growth funding round in CoderPad, the San Francisco–based technical assessment platform. The investment will fund product development, scale the organization, and accelerate customer and revenue growth as CoderPad meets rising demand for remote technical interview solutions.

Summit Partners Leads $70M Minority Growth Investment in Formative

June 15, 2021

Education

Summit Partners led a $70 million minority growth investment in Formative, a SaaS-based K–12 student data and assessment platform, with participation from Emerson Collective, Fika Ventures, MaC/Mac Ventures and Rethink Education. The capital will fund product expansion, increased teacher and administrator support, and international growth while Summit’s Tom Jennings joins Formative’s board.

Summit Partners and Klaviyo Founders Make Strategic Investment in PostPilot

June 5, 2024

Marketing & Advertising

PostPilot, a programmatic direct-mail marketing platform, received a strategic growth investment led by Summit Partners with participation from Klaviyo founders Andrew Bialecki and Ed Hallen. The funding will be used to accelerate hiring, expand internationally, and continue development of PostPilot's data-driven direct-mail targeting and execution capabilities.

Summit Partners Leads Growth Investment in NinjaRMM

March 12, 2020

Cloud & SaaS

NinjaRMM closed a growth equity financing round led by Summit Partners, which took a minority stake while leaving the company founder-led and independent. The capital will be used to accelerate product development and expand the company's cloud-based remote monitoring and endpoint management platform for MSPs, SMBs and mid-market customers.

Summit Partners Invests $120M in Mavrck

December 16, 2021

Cloud & SaaS

Mavrck, an enterprise influencer marketing platform headquartered in Boston, closed a $120 million growth investment from global growth equity firm Summit Partners. The funding will accelerate Mavrck's product expansion and development of an operations cloud to scale social proof capabilities for consumer brands.