Canadian technology company StackAdapt has secured US$235 million in financing, led by Teachers' Venture Growth. The funding is aimed at enhancing StackAdapt's AI-based programmatic advertising platform. This investment marks a significant milestone for the company, which is recognized as one of the largest and most profitable tech firms in Canada, despite being relatively unknown to the broader public. StackAdapt's success has yielded substantial returns for its early investors, and the company is anticipated to pursue an initial public offering (IPO) within the next two years.