We are pleased to announce growth capital financing 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. "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." https://bit.ly/3Bvg3kW Eric Weiler, Andrew Schwartz, Sean Duffy, Charlie Schatz
CIBC Innovation
Financial Services
Toronto, ON 7,799 followers
The trusted financial partner to North American entrepreneurs and investors. Backed by the strength of CIBC.
About us
We are Innovation Banking at CIBC. CIBC Innovation Banking provides fast and flexible solutions designed to facilitate your growth so you can stay focused on achieving your milestones and scale with confidence. Nous sommes Services financiers Innovation CIBC. Services financiers Innovation CIBC propose des solutions rapides et souples conçues pour faciliter votre croissance afin que vous puissiez vous concentrer en toute confiance sur l’atteinte de jalons importants et sur la croissance.
- Website
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https://www.cibc.com/en/commercial/areas-of-specialization/innovation-banking.html
External link for CIBC Innovation
- Industry
- Financial Services
- Company size
- 10,001+ employees
- Headquarters
- Toronto, ON
Updates
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CIBC Innovation reposted this
Ready for #SFTechWeek? We are pumped to partner with Microsoft for Startups and Startup Grind on a session devoted to "Scaling GenAI" in our CIBC Innovation Banking office. Learn how to harness the power of AI to optimize workflows, innovate customer interactions, and lead your organization through the next wave of digital transformation. Leading the conversation will be Heena Purohit, Director of AI for Startups at Microsoft for Startups. She will be joined by Davit Buniatyan, founder of Activeloop, Surojit Chatterjee, founder of Ema Unlimited, and Tom Hsieh, Strategic Partnerships at Typeface. Join us at 6pm on October 8th (Tuesday) in FiDi. Register for free at: https://lnkd.in/dUYr4wEZ Special thanks to James Gee for including us, along with TECH WEEK by TECH WEEK by a16z and Rose Johnson. Michael Boyers Cathy Zhu Nitzan Gal #AI #SFTechWeek #Founders #Startups #SF
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We are happy to announce $15 million in credit facilities to support Rubicon Technology Partners’ strategic investment in Toronto-based Nulogy, a leading provider of supply chain collaboration solutions. “We welcome Nulogy to our banking platform and look forward to further supporting the company’s continued leadership in solving some of the complex challenges inherent in vast, Fast- Moving Consumer Good supply chains,” said Niramay, Director, CIBC Innovation Banking. “Nulogy has established itself as the global platform of choice for multi-enterprise collaboration within FMCG external supply chains, and continues to be an innovative force in powering more efficient and sustainable supply chains through its centralized, data-driven, AI-enabled platform.” Matthew Van Gelder, Niramay, CFA, Stefan Morrow, Darcy Lavoie, CFA Read more: https://lnkd.in/gmSaaDNS
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We are pleased to announce an undrawn $40 million revolving credit facility to Sayari, a counterparty and supply chain risk intelligence platform trusted by government agencies, multinational corporations, and financial institutions. Diego Recinos, Senior Director at CIBC Innovation Banking, said: “In an increasingly complex and interconnected world of entity ownership and supply chains, Sayari’s commercial risk intelligence platform provides crucial insight to enterprise and government agencies. The strength of Sayari’s management team, quality of their proprietary data, and functionality of their data intelligence solution has attracted investment from leading technology investors such as TPG, Centana Growth Partners, and Arsenal Growth Equity. We are excited to join Sayari on their journey and look forward to supporting them in this next stage of growth.” Read more: https://lnkd.in/evAJpY72
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CIBC Innovation reposted this
The best part of my job is working with my clients over the longer term, backing their growth strategy. So it is a pleasure to announce that CIBC Innovation has supported Joblogic Service Management Software with acquisition finance for the second time in the space of a year, this time bringing the innovative solutions of Clik to their expanding group!! 🚀 🚀 🚀 I have no doubt that Jim Whatmore, Yacoob Moolla, Jamie Sones and the whole Joblogic family will make this acquisition a complete success, as they continue to their journey to lead the UK field service sector. #growthfuel #SaaS #software
We are thrilled to announce that Clik has officially become part of the Joblogic family. This strategic acquisition marks a significant step forward in our mission to deliver cutting-edge solutions to businesses across the field service sector. Why Clik and Joblogic? By joining forces with Clik, we’ve brought together over two decades of experience from both companies. This acquisition will allow us to: - Strengthen our product offering by integrating Clik’s innovative electronic certification solutions. - Accelerate growth and offer our customers even more value. - Continue our shared commitment to improving efficiency in the field service industry. #Joblogic #Clik #Acquisition #SaaS #BusinessGrowth
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CIBC Innovation reposted this
TECH WEEK by a16z is coming to SF October 7-13! CIBC Innovation Banking, Fusion Fund, Amazon Web Services (AWS), and Brix invite you to join us for: Transformers Mixer: An AI x Infrastructure Happy Hour Monday, October 7th, at 6:30 PM in SOMA. 🤝 Connect with fellow founders, investors, and AI enthusiasts to exchange insights, network, and enjoy transformer-themed fun! Our expert panel will dive into the future of AI and its infrastructure, featuring top AI entrepreneurs, investors, and researchers. Lu Zhang (founder Fusion Fund) will be moderating and joined by: 💡 Dr. Amr Awadallah - CEO & Co-Founder, Vectara. Co-Founder of Cloudera, former VP of Developer Relations Google Cloud. 💡 Dr. Yangqing Jia - CEO & Co-Founder, Lepton AI. Creator of CAFFE at Berkeley, founding engineer and director of Facebook's AI infrastructure, and former VP of AI & Analytics Alibaba.com. 🍸 Enjoy cocktails and charcuterie and connect with panelists and fellow attendees. Apply to attend here 👉 https://lu.ma/xpbtjvpo #SFTechWeek #AI #Infrastructure
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In his recent article, CIBC Innovation Banking’s Mark Usher shares his thoughts on what’s happening in key tech financing markets. Click to read more: https://lnkd.in/dTTKvTxP #techfinancing #CIBCInnovation
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CIBC Innovation reposted this
Founder & Managing Partner at Fusion Fund | Serial Entrepreneur & Board Member | Young Global Leader with WEF(Davos)| Lecturer at Stanford University
🚀 TECH WEEK by a16z is coming to SF October 7-13! 🚀 Fusion Fund, Amazon Web Services (AWS), Brix, and CIBC Innovation invite you to join us for: Transformers Mixer: An AI x Infrastructure Happy Hour Monday, October 7th, at 6:30 PM in SOMA. 🤝 Connect with fellow founders, investors, and AI enthusiasts to exchange insights, network, and enjoy transformer-themed fun! Our expert panel will dive into the future of AI and its infrastructure, featuring top AI entrepreneurs, investors, and researchers. I’ll be moderating and will be joined by: 💡 Dr. Amr Awadallah - CEO & Co-Founder, Vectara. Co-Founder of Cloudera, former VP of Developer Relations Google Cloud. 💡 Dr. Yangqing Jia - CEO & Co-Founder, Lepton AI. Creator of CAFFE at Berkeley, founding engineer and director of Facebook's AI infrastructure, and former VP of AI & Analytics Alibaba.com. 🍸 Enjoy cocktails and charcuterie and connect with panelists and fellow attendees. Apply to attend here 👉 https://lu.ma/xpbtjvpo 💼 #SFTechWeek #AI #Infrastructure
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CIBC Innovation reposted this
Last Friday, founders got to take their wrath out on VCs! It is safe to say... punches were thrown, but no VCs were harmed! 😅🥊 Thanks to everyone who came out to the Venture Capital Association of Alberta (VCAA)'s "Want to Punch a VC?" event! We had an absolute blast. Huge shout-out to Southpaw Boxing Gym for hosting us and CIBC Innovation for sponsoring this knockout event — literally! 🥵💥 Looking forward to another round 🔔 Ab Makalo, CFA, Omi Velasco, Nadia Lachman Photo Credits 📸: Alvin Pham #VCAA #FoundersUnite #PunchingVCs #StrongerTogether
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Having worked with many SaaS businesses over his career, our Managing Director of UK & Europe Sean Duffy knows what it takes to run a #successful SaaS company. From always keeping your end goal in mind to bad reporting, Sean spoke with TechRound to give his advice to #founders about what good looks like. You can read the full piece here: https://bit.ly/3TpWf8s