Constellation Receives Growth Investment from Newlight Partners to Accelerate Expansion into New Markets and Sectors | News | Newlight Partners
Summary
New York, NY -- (Business Wire) -- Constellation, a first-of-its-kind verticalized SaaS enterprise technology platform that allows top brands and Fortune 500 companies in highly-regulated industries to seamlessly build, launch and manage hyper-targeted digital creative at scale, today announced a significant equity investment from Newlight Partners LP (Newlight), a growth equity investment firm.This investment comes as Constellation continued to grow its presence in its core automotive and retail sectors in 2022, as well as expand into attractive new industries, such as pharmaceuticals, where its technology is aiding digital marketing campaigns for leading drug manufacturers, including Biohaven Pharmaceuticals (acquired by Pfizer in 2022 for $11.8 billion), Alnylam Pharmaceuticals, and Sanofi, among others. Constellations differentiated platform provides SaaS/tech-enabled marketing and omnichannel creative deployment that reaches customers more effectively and drives sales while abiding by complicated regulatory protocols by seamlessly integrating into the clients existing infrastructure and utilizing an industry-specific legal disclaimer engine. We believe that Constellations ability to innovate and scale its technology across industries globally represents a tremendous opportunity, and we look forward to working with Diana and her talented team to further its ability to grow both organically and through strategic acquisitions.Constellation exemplifies Newlights thematic approach and the type of business in which we seek to invest an established company with exceptional leadership, a unique customer value proposition, and numerous growth opportunities, added Adam Stulberger, Partner at Newlight. Constellation is revolutionizing marketing technologyparticularly for companies in highly regulated industries like Pharma, Banking, and Autowith an automated solution that scales both creative and regulatory approval processes. To learn more about Constellation, visit www.helloconstellation.com.Newlight Partners LP is a growth-focused private equity firm that builds businesses in partnership with exceptional founders and management teams.