CIBC Innovation Banking Provides Venture Debt for SlicedHealth
CIBC Innovation Banking announced today that it has provided venture debt financing to SlicedHealth, Inc. The company will use the financing to further its investment in the platform and grow its workforce. SlicedHealth raised a Series A lead by Arthur Ventures in July 2024.
CIBC Innovation Banking Provides Growth Capital Financing to SpryPoint
CIBC Innovation Banking announced today that it has provided a growth-focused credit facility to SpryPoint Services Inc., a leading provider of software for public utilities.
CIBC Innovation Banking supports MediSpend’s acquisition of Real Life Sciences
CIBC Innovation Banking announced today that it has provided credit facilities to support MediSpend’s acquisition of Real Life Sciences (“RLS”), a leading provider of advanced anonymization and redaction solutions for clinical trial data. Backed by Susquehanna Growth Equity (“SGE”), MediSpend provides commercial compliance solutions for the largest pharmaceutical, medical device and dental companies as well as emerging biotech companies across the world.
CIBC Innovation Banking Provides Growth Capital to AI-Powered Go-to-Market Platform Landbase
CIBC Innovation Banking has provided growth capital financing to Landbase, an AI-powered go-to-market automation platform. The funding will support Landbase's growth plans and product development.
Practice Better secures US$13 Million in Growth Capital from CIBC Innovation Banking to Accelerate Expansion of Holistic Health Practice Management Solution
CIBC Innovation Banking today announced a US$13 million growth capital facility for Practice Better, a leading all-in-one practice management software platform serving health and wellness professionals. The investment will support Practice Better's continued expansion into new markets and accelerate product innovation empowering health and wellness professionals to reach millions of clients.
CIBC Innovation Banking Announces Leadership Appointments
CIBC Innovation Banking has appointed Paul McKinlay and Patrick Martin as Executive Managing Directors and Co-Heads, effective November 1, 2024, as Mark Usher retires from his position as President and Executive Managing Director.
CIBC Innovation Banking Provides Procurify with US$20 Million in Growth Capital
CIBC Innovation Banking announced today it has provided US$20 million in growth capital to Procurify, a leader in proactive spend management solutions. This funding will support Procurify’s continued development of innovative procurement technologies and its mission to enhance organizational spend transparency and efficiency.
CIBC Innovation Banking Provides Credit Facilities to LumiQ
CIBC Innovation Banking announced today that it has provided credit facilities to support Vertu’s strategic investment in Toronto-based LumiQ, a leading technology-enabled education platform offering accredited professional development courses and content to accounting and finance professionals. Founded in 2016, LumiQ works with over 1,000 corporate and accounting firms across North America.
CIBC Innovation Banking Provides Growth Capital to Booksy
CIBC Innovation Banking announced today that it has provided growth capital to Booksy, a mobile-first booking platform that connects beauty, wellness and health professionals with local customers, powering hundreds of millions of appointments each year. The company will use the financing to accelerate new customer acquisition, marketplace expansion, and platform enhancements.
CIBC Innovation Banking Provides Credit Facilities to Nulogy Inc.
CIBC Innovation Banking announced today that it has provided $15 million in credit facilities to support Rubicon Technology Partners’ strategic investment in Toronto-based Nulogy, a leading provider of supply chain collaboration solutions. Nulogy's cloud-based, multi-enterprise platform allows brands to orchestrate their extended supply chain, driving improved service while reducing waste, minimizing cost, and accelerating growth.
CIBC Innovation Banking Serves as Lead Arranger of a Syndicated Debt Facility for 360insights
CIBC Innovation Banking announced today that it recently acted as the lead arranger and administrative agent on a credit facility for 360insights, a partner engagement and business optimization company based in Whitby, ON.
CIBC Innovation Banking Provides Growth Capital Financing to threatER
CIBC Innovation Banking announced today that it has provided a growth capital financing facility to threatER, a cyber defense category leader focused on eliminating cyber threats before they reach the network. This growth capital will support threatER’s scale-up as they strive to help medium-sized businesses and enterprises, especially in financial services, healthcare and legal, protect their business from cyberattacks and increasingly sophisticated digital bad actors.
CIBC Innovation Banking Provides Growth Capital to Boosted.ai
CIBC Innovation Banking announced today that it has provided $10 million in growth capital to Boosted.ai, a Toronto-based company that uses AI to automate investment management processes and increase productivity. Boosted.ai will use the funds to invest in product development and sales expansion in the Canadian and US market.
CIBC Innovation Banking Provides Growth Capital to Andgo
CIBC Innovation Banking announced today that it has provided growth financing to Andgo Systems Inc., a market leader in workflow automation solutions for dynamic absence onboarding, shift filling, and vacation mapping in complex, high volume industries. The company will use the financing to further fuel its accelerated expansion across North America.
CIBC Innovation Banking Provides Growth Capital Financing to Wisedocs Inc.
CIBC Innovation Banking announced today that it has provided $4.5M CAD in growth capital financing to support Wisedocs’ mission to both further broaden its client base and to expand its product offering. Wisedocs’ artificial intelligence (AI) software platform summarizes claim files for the insurance industry to enable fast and inexpensive medical record reviews.
CIBC Innovation Banking Provides $10 Million Growth Capital Financing to Clariti
CIBC Innovation Banking today announced $10 million in growth capital financing for Clariti, a leading provider of purpose-built community development solutions for North American local governments. This funding will accelerate the development of new product features, support the ongoing integration of permitting technology provider Camino, which was acquired by Clariti in 2023, and be reinvested in customer service teams to support the company’s rapidly growing customer base across North America.
CIBC Innovation Banking Leads Senior Syndicated Debt Commitment for Yipit, LLC
CIBC Innovation Banking is pleased to announce that it recently acted as the lead arranger and an administrative agent on a debt facility for New York-based Yipit, LLC (YipitData), the trusted source of alternative data insights for investment funds and large corporations.
CIBC Innovation Banking Provides Spare With $10 Million in Growth Capital to Accelerate Expansion of AI-Driven Mobility Solutions
CIBC Innovation Banking announced today it has provided $10 million in growth capital to Spare, a leading provider of on-demand transit software. The funding will accelerate Spare's development of Artificial Intelligence (AI) solutions, helping to advance its mission to enhance public transit accessibility and efficiency for people underserved by conventional transit systems.
CIBC Innovation Banking Provides Credit Facilities to MediaValet Inc.
CIBC Innovation Banking announced today that it has provided credit facilities to support STG's strategic investment in Vancouver-based MediaValet Inc., a leading provider of enterprise digital asset management (DAM), video content management and creative operations software.
CIBC Innovation Banking Provides Financing to Shorelight
CIBC Innovation Banking announced today that it has provided extended financing to Boston-based Shorelight, an enrollment and performance management platform that drives international student success at top universities. Shorelight will use the extended financing to continue enhancing its product and service offering to international students and university partners.
CIBC Innovation Banking Provides Credit Facilities to Q4 Inc.
CIBC Innovation Banking announced today that it has provided credit facilities to support Sumeru Equity Partners’ (Sumeru) strategic investment in Toronto-based Q4 Inc. (“Q4” or the “Company”), the first IR Ops Platform.
CIBC Innovation Banking Provides Growth Capital Financing to CertifID
CIBC Innovation Banking announced today that it has provided growth financing for wire fraud protection company CertifID, which will use the financing to further expand its portfolio of wire fraud prevention services.
CIBC Innovation Banking Provides Growth Capital to Skedda
CIBC Innovation Banking announced today that it has provided growth financing to Skedda, a leading global space management and scheduling platform focused on serving employees in today’s hybrid work environment. This funding will drive product innovation and further fuel Skedda’s global expansion.
CIBC Innovation Banking Provides Growth Capital Financing to Swoogo
CIBC Innovation Banking announced today that it has provided growth financing to Swoogo, a leading provider of event management software for in person, digital and hybrid events. Swoogo will use the funding to solidify their position and offering for enterprise event management, helping organizers run events at scale.
CIBC Innovation Banking Provides Growth Capital to Drips Holdings, LLC
CIBC Innovation Banking announced today that it has provided growth financing to Drips Holdings, LLC (Drips), an Akron, Ohio-based conversational outreach company that helps organizations orchestrate large scale 1:1 conversations precisely at critical moments in the customer journey. Drips plans to utilize the financing to bolster product development and facilitate expansion into diverse industry verticals within U.S. markets.
