CIBC Innovation Banking 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.

Booksy’s suite of business solutions helps business owners manage their practice with products, such as Booksy Biz for small businesses, which combines all the tools beauty providers need to attract new customers and build a loyal client base. Booksy’s consumer-facing mobile app, Booksy Marketplace, connects consumers around the world with stylists, barbers, nail artists, salons, and more, to find, schedule and manage appointments.

“Our partnership with CIBC Innovation Banking will allow Booksy to continue building on our momentum in the United States and throughout Europe,” said Kristina Salen, Chief Financial Officer. “Beauty, wellness and health providers are building businesses that are integral to their communities. They bring their creativity and passion, and we provide everything they need to run and grow their businesses.”

"We are excited to support Booksy as the team continues to grow its platform and customer reach,” said Andrew Schwartz, Managing Director, CIBC Innovation Banking. “Booksy’s management team has built a mission-critical SaaS-platform for beauty providers to run their business on and have reached an impressive scale with over 130,000 providers and 38+ million consumers worldwide."