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Your partner for the innovation economy
CIBC Innovation Banking is a trusted financial partner to entrepreneurs and investors. Backed by the strength of CIBC, Innovation Banking can provide financial capital, a rich network of connections and insightful service that give our clients an edge in the innovation economy.
Client testimonials
Featured podcast
#CIBCInnovationEconomy podcast
On our #CIBCInnovationEconomy podcast series, hear from leaders, entrepreneurs, experts and venture capitalists about the changing dynamics of the North American innovation economy.
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Find the latest news on CIBC Innovation Banking as it happens.
Partners in innovation
Innovation Banking offers a complete ecosystem of financial services tailored to each stage of the business lifecycle, from the debt and financing solutions early-stage companies need to get started to the growth capital and runway extensions that enable middle- and mature-stage businesses to take that next step.
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Expensify
San Francisco-based Expensify, which specializes in expense-management reporting, secured $48 million US in debt financing with us to support its growth plans.
Geoforce
The Plano, Texas-based field asset tracking solutions company worked with our team to set up $5 million US in working capital financing to assist with accelerating its product delivery and executing on client growth strategies.
Hootsuite
Vancouver-based Hootsuite, creator of the world’s most-used social media management platform, entered into a credit financing agreement of up to $50 million US with us to support growth expansion in Asia, Europe and Latin America.
Jane Software Inc.
Vancouver-based Jane Software is a leading cloud-based clinic management software company. Our team recently provided $2 million in growth capital financing to assist with Jane’s worldwide business expansion.
Lightspeed
Montreal-based Lightspeed POS closed a $55 million US debt facility with us to assist with strategic acquisitions and support the company’s growth strategy for its point-of-sale software following its $276-million IPO on the Toronto Stock Exchange.
Parchment
Scottsdale, Arizona-based Parchment, a leader in the education sector that specializes in digitizing and distributing education credential records, worked with us to set up $7 million US in growth capital financing to help meet future business strategy and goals.
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