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Harry Chemko on Bootstrapping Elastic Path for a Decade

November 5, 2026 by Newsdesk

Harry Chemko co-founded Vancouver’s Elastic Path and grew it to $10 million in revenue with a $15,000 startup loan as the company’s only outside financing — no venture capital arrived until 2013, more than a decade in. Elastic Path turned cash-flow positive in 2016 and raised a $43 million Series B in 2018.

Now leading ShopVision, an AI market intelligence platform he started in 2024, Chemko says doing everything alone carried a price: internal numbers can’t show what competitors did that morning, and outside help should have been sought sooner.

Want to know more? Check out the source code on Techcouver.

Filed Under: News Tagged With: Bootstrapping, Elastic Path, ShopVision

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