Constellation Receives Growth Investment from Newlight Partners to Accelerate Expansion into New Markets and Sectors
Summary
NEW YORK--(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. Proceeds from Newlights investment will be used to support the rapid growth of Constellations proprietary technology across the automotive, pharmaceutical, and financial industries, as well as enhance its service offerings to leading, global brands, such as Volkswagen Group and Jaguar Land Rover, 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. To that end, Constellation recently launched its proprietary Verticalized Modular Content Assembler technology, which can generate thousands of targeted, compliant, hyperlocal, and personalized creative within seconds for companies across industries. 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.
Funding
Review available funding amount, funding date, investors, and linked company information related to Constellation Receives Growth Investment from Newlight Partners to Accelerate Expansion into New Markets and Sectors in the interactive ISVWorld profile.