CIBC Innovation Banking
Status
ACTIVE
Global HQ
Toronto, Canada
Countries of investment
- Canada
- United States
- United Kingdom
Investment stages
- Seed
- Series A
- Series B
- Series C
- Growth
Industries
- SaaS
- Healthcare
- Fintech
About
CIBC Innovation Banking is the technology and innovation lending division of CIBC, a leading North American financial institution. They serve as a financial partner to entrepreneurs and investors in the innovation economy, providing growth capital, strategic guidance, and a full suite of banking services to help clients at all stages achieve their ambitions.
CIBC Innovation Banking is the technology and innovation lending division of CIBC, a leading North American financial institution. They serve as a financial partner to entrepreneurs and investors in the innovation economy, providing growth capital, strategic guidance, and a full suite of banking services to help clients at all stages achieve their ambitions.
Investment Thesis
CIBC Innovation Banking provides growth capital solutions to innovation economy companies across North America, from startup to IPO. They focus on technology and life sciences sectors, offering a comprehensive suite of financial products including term debt, recurring revenue financing, and asset-based lending, alongside equity co-investments. Their unique position as the specialized lending arm of a major financial institution (CIBC) allows them to offer tailored, flexible financing and banking services to support high-growth companies throughout their entire lifecycle.
Manager's Experience
The leadership team consists of veterans in the venture debt and technology banking industries. The group's President, Mark McQueen, founded and led Wellington Financial LP for nearly two decades before its acquisition by CIBC, bringing over 25 years of specialty finance experience. Other key executives have extensive backgrounds from prominent institutions like Silicon Valley Bank, specializing in providing growth capital and debt solutions to technology companies across North America and Europe.
Team
Mark McQueen - President & Executive Managing Director
Paul McKinlay - Managing Director
Head of US Origination
Rob Rosen - Managing Director
Head of Sustainable Finance
Caroline Tkatschow - Managing Director
Head of Fund Banking
Amy Olah - Executive Director
Youssef Kabbani - Managing Director
Eric Laflamme - Managing Director
Portfolio
Hopper
Lightspeed
TouchBistro
D2L
Dialogue
Sonder
ApplyBoard
BenchSci
Clio
Koho
Verafin
AlayaCare
Axonify
Trusscore