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...
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November 04, 2024, 08:05 AM
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CIBC Innovation Banking provided $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...
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October 31, 2024, 08:03 AM
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CIBC Innovation Banking 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...
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October 24, 2024, 07:36 AM
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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...
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October 04, 2024, 07:50 AM
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CIBC Innovation Banking 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.360insights enables brands to influence, manage and engage...
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September 11, 2024, 07:33 AM
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CIBC Innovation Banking 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...
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August 16, 2024, 07:39 AM
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CIBC Innovation Banking 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...
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June 28, 2024, 07:47 AM
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CIBC Innovation Banking 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...
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June 06, 2024, 07:40 AM
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CIBC Innovation Banking 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...
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May 30, 2024, 07:54 AM
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CIBC Innovation Banking provided credit facilities to support Sumeru Equity Partners’ (Sumeru) strategic investment in Toronto-based Q4 Inc., the first IR Ops Platform."With the successful completion of the transaction with our new sponsor, Sumeru...
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April 26, 2024, 07:39 AM
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CIBC Innovation Banking 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...
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February 29, 2024, 07:30 AM
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CIBC Innovation Banking provided growth financing to InsightRX, a San Francisco-based software company leveraging quantitative pharmacology and artificial intelligence (AI) to improve therapeutic decision-making from phase I drug development to the...
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February 26, 2024, 07:43 AM
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CIBC Innovation Banking provided Senior Credit Facilities to CourseKey, a leading student success and retention platform for trade and vocational education programs.CourseKey’s student-driven, mobile-first approach helps more students get from day...
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December 13, 2023, 07:35 AM
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CIBC Innovation Banking provided senior credit facilities to support BVP Forge’s strategic investment, and fund the recapitalization of Parsec Automation, a leading Manufacturing Operations Management (MoM) software platform.Parsec Automation enables...
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November 29, 2023, 07:44 AM
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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...
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October 19, 2023, 07:52 AM
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CIBC Innovation Banking provided a $3.5 million debt financing facility to Edmonton-based, Nanoprecise Sci Corp. (Nanoprecise). The company plans to use the funds for working capital purposes.Nanoprecise is an automated AI-based maintenance solution...
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October 02, 2023, 07:49 AM
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CIBC Innovation Banking provided financing support for Clearhaven Partners’ investment in Korbyt, an industry-leading workplace experience platform.The financing will support Clearhaven’s investment in the company and Korbyt’s growth trajectory by...
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September 29, 2023, 07:45 AM
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CIBC Innovation Banking provided $13 million in growth capital financing to Performio, an incentive compensation-software company.Performio offers a SaaS platform that unlocks the power of incentive compensation management; saving on the time, money...
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September 14, 2023, 07:45 AM
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CIBC Innovation Banking provided Senior Credit Facilities to support BVP Forge’s strategic investment and fund working capital in Medisolv, a leading healthcare quality management platform.Medisolv helps improve the quality of patient care and...
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July 13, 2023, 07:30 AM
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CIBC Innovation Banking announced that its North American team is growing, with team members joining in New York and San Francisco.Ben Shephard joins as an Executive Director and will be based in CIBC’s Innovation Banking office in New York. Mr....
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July 06, 2023, 08:00 AM
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CIBC Innovation Banking provided growth financing to KeyOps, a Toronto-based insights and engagement platform that connects physicians to life science companies. KeyOps will use the funds to invest in product development and expansion into the US...
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June 29, 2023, 06:00 AM
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CIBC Innovation Banking acted as the lead arrangement of a $60 million syndicated debt financing commitment for Indianapolis-based Bloomerang, LLC (Bloomerang), a complete donor relationship management solution for thousands of small and medium-sized...
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June 16, 2023, 07:30 AM
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CIBC Innovation Banking announced that Mark Usher has been appointed Senior Vice-President, Innovation Banking; President and Executive Managing Director, CIBC Innovation Banking, effective February 28, 2023, taking on the role currently held by Mark...
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February 07, 2023, 08:08 AM
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CIBC Innovation Banking announced the lead arrangement of a $45 million syndicated debt financing for Atlanta-based Azalea Health, a leading provider of electronic health records and revenue cycle management for community-based healthcare...
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December 16, 2022, 07:55 AM
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CIBC Innovation Banking provided a $25 million debt financing for Massachusetts-based Podimetrics Inc., an integrated clinical care service company that helps prevent amputations in patients suffering from complex diabetes. Podimetrics plans to use...
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November 23, 2022, 07:54 AM
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CIBC Innovation Banking provided a growth capital facility for San Jose-based SupportLogic, Inc., a support experience (SX) platform designed to proactively improve customer experience and revenue retention.The SupportLogic platform leverages AI and...
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November 04, 2022, 07:39 AM
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PROCEPT BioRobotics, a surgical robotics company focused on advancing patient care by developing transformative solutions in urology, entered into a new five-year $52 million loan arrangement with CIBC Innovation Banking. Proceeds from the new term...
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October 11, 2022, 07:46 AM
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CIBC Innovation Banking provided growth capital financing to Userlane, a software company based in Germany. Userlane will use the funds to expand its suite of products that help companies master enterprise software and associated processes more...
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September 21, 2022, 07:40 AM
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CIBC Innovation Banking is expanding its presence in the Southeastern region of the U.S. through a new office in Durham, North Carolina.Through its new 14th regional office, CIBC Innovation Banking will help support the growth ambitions of the...
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August 25, 2022, 07:52 AM
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CIBC Innovation Banking provided new debt financing for Chicago-based NowSecure, a mobile application security and privacy software company. NowSecure plans to use the capital to further invest in its advanced application security testing solutions...
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June 10, 2022, 07:28 AM
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CIBC Innovation Banking announced that Ron Singh is joining the team as a Managing Director in CIBC Innovation Banking’s Denver office. With over 20 years of industry experience with business development, deal structuring, and team leadership, Ron...
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June 07, 2022, 08:00 AM
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CIBC Innovation Banking provided growth capital financing for DealMaker, a leading capital raising technology platform. The financing will enable the company to accelerate its growth across North America.Founded in 2018, by experienced Bay Street...
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May 25, 2022, 07:46 AM
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CIBC Innovation Banking provided $35 million of growth capital financing to Salt Lake City-based Impartner Inc. (“Impartner”), a leading partner relationship management (PRM) platform. Impartner plans to use the financing to increase its investments...
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May 19, 2022, 08:00 AM
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CIBC Innovation Banking announced that it is opening a new office in Seattle, Washington to help support the growth ambitions of the hundreds of existing and emerging start ups in the area.Leading the expansion effort in Seattle is John Flemming, who...
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April 21, 2022, 07:46 AM
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CIBC Innovation Banking announced $12 million of growth financing for Dublin-based Phorest Salon Software (“Phorest”), a leading provider of online booking and management software for salon owners. Phorest will use the capital to expand its market...
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March 07, 2022, 07:35 AM
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CIBC Innovation Banking provided financing solutions, including a capital call line of credit, to Graphite Ventures (Graphite), a $100-million fund focused on seed-stage investments and extensions, through to the rights for Series A rounds. The...
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February 23, 2022, 07:07 AM
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CIBC Innovation Banking provided a $100 million credit facility to Portland-based Expensify, a payments superapp that helps individuals and businesses around the world simplify the way they manage money. This funding, provided in October 2021, will...
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February 08, 2022, 07:42 AM
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CIBC Innovation Banking provided a debt facility of $35 million for Atlanta-based Intradiem, a leading provider of automation technology solutions for customer service teams. Intradiem will use the capital to expand its market growth and accelerate...
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December 01, 2021, 07:44 AM
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CIBC Innovation Banking announced the expansion of its New York City office with a series of new hires and promotions, as the group continues its strategic growth in key technology, life science, and clean tech markets in North America and the...
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November 23, 2021, 08:07 AM
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CIBC Innovation Banking announced a debt facility of $50 million for Atlanta and Indianapolis-based Terminus Software (“Terminus”), a leading account based marketing platform. Terminus will use the capital to aid in M&A transactions, international...
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November 02, 2021, 08:50 AM
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CIBC Innovation Banking provided a $30 million credit facility for Atlanta-based Azalea Health (“Azalea”). Azalea will use the capital to aid in its recent acquisition of dashboardMD, a cloud-based provider of business intelligence reporting...
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October 18, 2021, 07:33 AM
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CIBC Innovation Banking provied a $15 million acquisition credit facility to Pennsylvania-based Blue Cloud Pediatric Surgery Centers (“Blue Cloud”), a leading provider of pediatric dental services in ambulatory surgical centers across the country....
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September 30, 2021, 07:40 AM
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CIBC Innovation Banking announced the opening of its new office in London to support the ambitions of UK-based entrepreneurs and their Venture Capital-backers by providing growth capital across a number of innovation ecosystems.Since the launch of...
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September 28, 2021, 07:32 AM
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CIBC Innovation Banking announced that Jonathan Schupack is joining its growing North American team as Executive Director and Market Lead for the Texas Region. He will be based in CIBC Innovation Banking’s office in Austin, TX.Schupack brings over a...
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August 17, 2021, 07:49 AM
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CIBC Innovation Banking provided a $5 million credit facility to Nevada-based Karbon Inc., which provides industry-leading practice management software for accounting firms. The company plans to use the facility to support its hiring plans and...
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August 06, 2021, 07:34 AM
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CIBC Innovation Banking provided financing solutions, including a Capital Call Line of Credit, to Maverix Private Equity (“Maverix”). The capital call facility provides Maverix with the flexibility to make investments in portfolio companies prior to...
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May 10, 2021, 08:00 AM
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CIBC Innovation Banking announced that Joe Hammer is joining its growing North American team as Managing Director, Head of East Coast U.S. Life Sciences and Healthcare. He will be based in CIBC Innovation Banking’s new office in Boston, MA.Hammer has...
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May 04, 2021, 07:19 AM
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CIBC Innovation Banking extended a $12.5 million credit facility to CollegeNET, Inc., a software provider to colleges and universities. The credit facility will be used to further scale CollegeNET's business.CollegeNET, Inc. designs and builds...
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May 04, 2021, 07:00 AM
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CIBC Innovation Banking provided a $10 million credit facility for New York-based MayStreet Inc., an industry-leading market data technology and content provider. The credit facility is available to help the rapidly growing fintech firm further scale...
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March 25, 2021, 08:05 AM
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CIBC Innovation Banking co-led a capital call facility to JMI Equity’s latest fund, JMI Equity Fund X. The capital call facility provides JMI Equity (“JMI”) with the flexibility to make investments in portfolio companies and call capital less...
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March 10, 2021, 07:00 AM
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CIBC Innovation Banking provided a growth capital facility for Indianapolis-based Bloomerang, Inc. Bloomerang plans to use the capital for its recent acquisition of Nashville, TN-based Kindful, Inc., and to continue its growth momentum.Bloomerang, a...
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February 11, 2021, 06:00 AM
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CIBC Innovation Banking announced it has extended a $15 million credit facility to Yello, a provider of early talent acquisition and recruiting scheduling software. The credit facility will be used to support Yello's continued growth as it further...
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November 18, 2020, 08:45 AM
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Vapotherm, Inc., a global medical technology company focused on the development and commercialization of its proprietary high velocity therapy, which is used to treat patients of all ages suffering from respiratory distress, announced that it has...
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October 23, 2020, 08:05 AM
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CIBC Innovation Banking is pleased to announce a US$6 million revolving credit facility for Virginia-based Vbrick Systems Inc. (Vbrick), an industry-leading provider of video platform solutions. With operations in North America, Europe and Australia...
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June 05, 2020, 09:00 AM
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