CIBC Innovation Banking announced an upsized growth capital financing for DealMaker, a leading capital-raising technology platform. This funding will further fuel the company’s accelerated expansion across North America.

DealMaker was founded in 2018 by veteran Bay Street lawyers, Rebecca Kacaba and Matt Goldstein to modernize the shareholder issuance space. The company was recently selected to join Google’s for Startups Accelerator program, which will help advance DealMaker’s AI innovation in the fintech space.

“The combination of CIBC Innovation Banking and Google backing our long-term plans is an exciting acceleration for us,” says Rebecca Kacaba, CEO & Co-Founder of DealMaker. “Their support helps us in our mission to build the most sophisticated capital markets tool on the planet - and there is no better way to achieve this than to weave AI capabilities throughout our platform for ease of use for both investors and issuers.”

“DealMaker’s comprehensive platform creates a more equitable and modern capital raising experience, focusing intently on transparency,” said Rob Rosen, Managing Director in CIBC Innovation Banking’s Toronto office. “We are thrilled to extend our team's financial and advisory support as the company continues to scale impressively.”

DealMaker was recently named the sixth fastest growing company in the Globe and Mail’s Top Growing Companies of 2023.