Affiliate monetization platform Stay22 lands $122M

Affiliate revenue platform Stay22 has secured a $122 million minority growth investment from Summit Partners. The company plans to invest in infrastructure and partner ecosystem, expand internationally, and grow its team. Summit Partners' Colin Mistele and Daniel Kim joined Stay22's board. Montreal-based Stay22 provides an affiliate monetization platform for travel creators, media publishers, and event organizers, using AI to improve booking and conversion.