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CIBC Innovation Banking

40 King St W #5702, Toronto, ON, M5H 3C2, Canada

Overview

Financial partner providing capital and insights for entrepreneurs.

Founded

2018

Deals · 12mo

10

Links

WebsiteLinkedInX (Twitter)

Stage focus

Debt

Geographic focus

Canada
Denmark
United Kingdom
United States

Sector focus

Banking
Business Development
Finance
Financial Services

Investment portfolio

90rounds
NAMEDATESIZE
Axya
Sep 2026Participated
$12 MSeries A
Modo Energy
Jul 2026Led
$17 MOther Equity
Qover
Mar 2026Led
$12 MOther Equity
AlayaCare
Feb 2026Led
$50 MDebt
Recare
Jan 2026Participated
$44 MOther Equity
Klir
Jan 2026Participated
$18 MSeries B
BinSentry
Dec 2025Led
$25 MDebt
DealMaker
Nov 2025Led
$20 MOther Equity
Formalize
Oct 2025Participated
$35 MSeries B
FLiiP
Oct 2025Led
$2 MDebt
Bench IQ
Aug 2025Participated
$5 MSeed
Smart Pension
Aug 2025Led
$81 MDebt
Axya
Sep 2026Participated
$12 MSeries A
Modo Energy
Jul 2026Led
$17 MOther Equity
Qover
Mar 2026Led
$12 MOther Equity
AlayaCare
Feb 2026Led
$50 MDebt
Recare
Jan 2026Participated
$44 MOther Equity
Klir
Jan 2026Participated
$18 MSeries B
BinSentry
Dec 2025Led
$25 MDebt
DealMaker
Nov 2025Led
$20 MOther Equity
Formalize
Oct 2025Participated
$35 MSeries B
FLiiP
Oct 2025Led
$2 MDebt
Bench IQ
Aug 2025Participated
$5 MSeed
Smart Pension
Aug 2025Led
$81 MDebt
90
Items
...
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Insights

Time horizon

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Deal Distribution

CIBC Innovation Banking: 90 funding rounds are recorded in the selected participation categories.All available history.
CIBC Innovation Banking: 90 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A12
Series B13
Series C+04
Other Equity383
Debt370

Monthly Deal Activity

CIBC Innovation Banking: 90 deals are recorded across 104 months.All available history.
CIBC Innovation Banking: 90 deals are recorded across 104 months. All available history
MonthDeals
Mar '181
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '191
Apr '190
May '191
Jun '190
Jul '191
Aug '193
Sep '192
Oct '190
Nov '191
Dec '190
Jan '203
Feb '201
Mar '201
Apr '202
May '201
Jun '200
Jul '200
Aug '202
Sep '203
Oct '201
Nov '201
Dec '201
Jan '210
Feb '210
Mar '212
Apr '210
May '210
Jun '210
Jul '210
Aug '211
Sep '210
Oct '211
Nov '211
Dec '210
Jan '220
Feb '221
Mar '222
Apr '220
May '222
Jun '220
Jul '221
Aug '222
Sep '223
Oct '221
Nov '221
Dec '221
Jan '230
Feb '231
Mar '231
Apr '231
May '231
Jun '230
Jul '233
Aug '230
Sep '233
Oct '231
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '242
Jun '244
Jul '240
Aug '242
Sep '241
Oct '242
Nov '241
Dec '241
Jan '250
Feb '252
Mar '252
Apr '253
May '251
Jun '250
Jul '251
Aug '252
Sep '250
Oct '252
Nov '251
Dec '251
Jan '262
Feb '261
Mar '261
Apr '260
May '260
Jun '260
Jul '261
Aug '260
Sep '261
Oct '260

Sector Breakdown

CIBC Innovation Banking: Enterprise Software is the largest displayed sector by deal count (42 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

CIBC Innovation Banking: Enterprise Software is the largest displayed sector by deal count (42 deals). All available history
SectorDeals
Enterprise Software42
Fintech25
AI & Machine Learning22
Health & Life Sciences20
Data, Analytics & IT19
Networks, Cloud & Communication16
Professional Services15
Marketing & Advertising7
Clean Energy & Sustainability6
Real Estate & Construction6
Space & Frontier Tech5
Transportation & Logistics5
Hardware & Robotics5
Manufacturing5
Government & Defense4
Cybersecurity & Privacy4
E-Commerce & Retail4
Education & Workforce3
Food & Agriculture2
Travel & Hospitality1
Consumer & Lifestyle1
Media & Entertainment1
Social & Community Platforms1
Developer Tools1

Deal Size Distribution

CIBC Innovation Banking: 90 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

CIBC Innovation Banking: 90 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M15
$5M-$10M13
$10M-$25M32
$25M-$50M21
$50M-$100M7
$100M-$250M2
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

CIBC Innovation Banking: United States has the largest recorded deal count among the displayed regions (33 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

CIBC Innovation Banking: United States has the largest recorded deal count among the displayed regions (33 deals). All available history
RegionDeals
United States33
Canada31
Europe22
Australia3
300051
CIBC Innovation Banking: 20 co-investors are shown, with BDC Capital sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

CIBC Innovation Banking: 20 co-investors are shown, with BDC Capital sharing 2 recorded deals. All available history
Co-investorShared deals
BDC Capital2
Valspring Capital2
Acton Capital Partners1
Adage Capital Management1
Ally Bridge Group1
Alstin Capital1
Aquiline Capital Partners1
Barclays1
Battery Ventures1
BDC1
BlackFin Tech1
BMO Capital Partners1
Capital One Ventures1
Capnamic Ventures1
CIBC1
DNV1
DWS1
EDC1
Endeavour Vision1
Epic Ventures1

Investment Strategy

CIBC Innovation Banking: Led accounts for 86% and participating for 14% of round participation.All available history.
CIBC Innovation Banking: Led accounts for 86% and participating for 14% of round participation. All available history
CategoryDeals (count)Share (%)
Led7786%
Participating1314%
CIBC Innovation Banking: Single-lead accounts for 97% and co-led for 3% of lead dynamics.All available history.
CIBC Innovation Banking: Single-lead accounts for 97% and co-led for 3% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead7597%
Co-led23%

Team

Ab Makalo

Director and Innovation Banking

Adam Weiers, CFA
Andrew Schwartz

Managing Director & Market Lead - Innovation Banking

Charlotte Goggin
Éric Laflamme, MBA
Imran Premji

Managing Director

Joshua Olawale

Director, Innovation Banking

Niramay CFA

Director, Relationship Management

Paul McKinlay

Executive Managing Director and Co-Head

Sean Duffy

managing director

Tom Dods
Vahid Gharavi

Credit Specialist and Lending Advisor

Youssef Kallel

Director - Innovation Banking