CIBC Innovation

We are happy to support Rockbot with growth capital. Rockbot builds engaging experiences for spaces on the first multi-product media platform designed to flexibly fit the needs of businesses of all sizes.   “We’re delighted to enter into a relationship with Rockbot, the pre-eminent provider of streaming music, video, and digital signage for small businesses and large enterprises. We look forward to running alongside them as they look to accelerate their business to the next level,” John Flemming - Bellevue, WA Representative Office, Managing Director, CIBC Innovation Banking. #CIBCInnovation Garrett Dodge

We had an incredible fireside chat and dinner at CIBC Square last week hosted by Young Canadians in Finance – Toronto featuring John Ruffolo, Founder and Managing Partner of Maverix Private Equity, moderated by Joshua Olawale, CFA, Director of Innovation Banking at CIBC. John spoke about the importance of finding your own voice as an investor, which really resonated with the attendees. Thank you to everyone who attended and contributed with valuable questions and insights! Ab Makalo, CFA, Niramay, CFA, Aiya M., Stefan Morrow, Nicole G.

We are pleased to announce growth capital to Learning.com, a leader in helping K-12 students develop healthy relationships with technology to enhance academic outcomes and improve interpersonal relationships. Caroline Tkatschow, CFA, Executive Director at CIBC Innovation Banking, said: “We are delighted to be part of Learning.com’s journey as they continue to lead in the digital education space. Its mission to provide skills that help students excel in the digital world beyond school and into the workforce will become even more essential in the years ahead.” Read more: https://lnkd.in/e_pySKg3 #CIBCInnovation

We are happy to announce $10 million in growth capital to Boosted.ai, a Toronto-based company that uses AI to automate investment management processes and increase productivity. “We’re really excited to work with Boosted.ai as it helps institutional investors and investment advisors find efficiency gains in a world where we all must optimize,” said Éric Laflamme, MBA, Managing Director in CIBC Innovation Banking. “Boosted.ai is using AI to read millions of financial documents, automating their clients’ workflows and saving them staggering amounts of time.” Read more: https://lnkd.in/gDa-GbsW #CIBCInnovation

We are pleased to provide a debt financing package to the German tech company Wemolo. Wemolo specialises in digital parking lot solutions using license plate recognition, and is active on more than 2,500 properties across Europe. Charlotte Goggin, Director at CIBC Innovation Banking said: “We are pleased to be supporting Wemolo as it grows and expands across Europe. Wemolo offers a truly innovative solution for retailers, real estate owners and cities, providing an easy and cost effective way to manage their parking lots. We look forward to working with the team at Wemolo as they continue on their growth trajectory.” Read more: https://lnkd.in/eaN-iEZs Thanusiya Sivarajah Charlie Schatz Sean Duffy

In many ways, Montréal epitomizes a Canadian tech sector in transition, with the sector meeting these changes head-on and continuing to carve out its value proposition in a rapidly changing market. Éric Laflamme, MBA, Managing Director of Innovation Banking for Québec at CIBC, said the city has a “perfect mix” of diverse talent and culture, paired with a strong network of universities, investors, and research institutes, making Montréal a launchpad to the world. Read on for more about Montréal’s booming tech sector: https://lnkd.in/gUqA-nuF #CIBCInnovation

Looking forward to this fireside chat with John Ruffolo, moderated by Joshua Olawale, CFA! Ab Makalo, CFA, Niramay, CFA, Aiya M.

We are happy to announce 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. “In response to the impact on healthcare staffing due to Covid, there has been an increased market demand for intelligent Absence Management and Shift Filling. Andgo's automation of scheduling tasks helps modernize healthcare operations by reducing errors, saving time, and enabling staff to focus on strategic activities. This drives enhanced operational efficiency, improved patient care, and greater employee satisfaction. We’re excited to work with Andgo as it scales,” said Ab Makalo, CFA, Director, CIBC Innovation Banking. Read more: https://lnkd.in/eMgWJ8WY #CIBCInnovation

We are happy to announce $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.   “We are thrilled to support Wisedocs to enable the company to continue delivering best-in-class solutions to its clients while further expanding its sales footprint” said Niramay, CFA, Director, CIBC Innovation Banking. "Wisedocs has crafted a unique way to challenge and solve inefficiencies in the medical claims process and is therefore generating tremendous interest from key players in the industry globally”   Read more: https://lnkd.in/gskpHckG #CIBCInnovation Stefan Morrow

Have you ever met a pessimistic early stage founder? Probably not. The energy of an early stage founder is infectious. And we love working with them. So, when we had the opportunity to work with Startup Grind for a pitch competition...we were stoked. Last week, we hosted 10 startups in our SF CIBC Innovation office, plus, judges and a crowd of 50+ audience members for an all out pitch battle. I was super impressed with the quality of the companies presenting. Strong visions, great teams, and a supportive environment for all. Special thanks to Derek Andersen & James Gee from Startup Grind. And Michael Boyers for coordinating. And, of course, our judges Vrinda Agarwal, AJ Thomas ⚡️, and Brian💥 Sparkes.