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Vancouver’s Later Acquires Mavely in $250M Deal

January 6, 2025 by Newsdesk

Vancouver-founded Later has acquired influencer platform Mavely for $250 million, advancing its mission to streamline creator-driven marketing. Backed by Summit Partners, the acquisition merges Later’s AI analytics with Mavely’s performance data from over 120,000 creators.

Mavely has driven $1 billion in GMV for brands like Nike and Lululemon. Later CEO Scott Sutton emphasized the deal’s potential for delivering full-funnel campaigns and measurable ROI. Mavely’s cofounders will join Later’s leadership team, enhancing strategy. “Together, we’re building a future where creators are central to marketing,” said Mavely CEO Evan Wray. This move solidifies Later’s position in social commerce innovation.

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

Filed Under: News Tagged With: Later

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