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    CIBC Innovation Banking logo

    CIBC Innovation Banking

    Toronto, CanadaFounded 2018

    CIBC Innovation Banking is a division of Canadian Imperial Bank of Commerce (CIBC) that provides venture debt, growth financing, and specialized banking services to technology and life science companies. Launched in 2018 following CIBC's acquisition of Wellington Financial, it serves venture- and private equity-backed companies across North America and the UK.

    Deal activity increased 150% year-over-year (5 deals in the last 12 months). Average disclosed round size is $22.6M (across 61 rounds with reported amounts).

    Find people at CIBC Innovation Banking on Goldilocks AI

    Portfolio

    51

    Fund Size

    Top Stage

    Growth

    Last 12 Mo

    4

    Team

    Amy Olah

    Amy Olah

    Managing Director, Head of Venture Banking

    Andrew Phillips

    Andrew Phillips

    Managing Director, Head of Sponsor Finance

    Paul Gibson

    Paul Gibson

    Managing Director, Head of US East Coast Venture Banking

    Paul McKinlay

    Paul McKinlay

    Executive Managing Director, Head of Innovation Banking

    Ravi Patel

    Ravi Patel

    Managing Director, Head of Portfolio and Credit Solutions

    Sean Duffy

    Sean Duffy

    Managing Director, Head of UK and Europe

    Tej Sahi

    Tej Sahi

    Managing Director, Head of Fund Finance

    Walt Sparks

    Walt Sparks

    Executive Director, Head of Syndications

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    76 investments
    CompanyRoundAmountDate
    Qover logoQoverGrowth$12MMar 2026
    RRecareGrowthJan 2026
    Klir logoKlirSeries B$10MJan 2026
    Formalize logoFormalizeSeries BOct 2025
    Circula logoCirculaSeries AMay 2025
    ZeroNorth logoZeroNorthUnknown$20MFeb 2025
    CyberQP logoCyberQPSeries A$12MJan 2025
    FLiiP logoFLiiPSeedJan 2025
    Landytech logoLandytechUnknown$6.3MMay 2024
    Clariti logoClaritiGrowth$18MJan 2024
    WWisedocs IncGrowthJan 2024
    WWisedocs IncSeries A$12.7MJan 2024
    Boosted AI logoBoosted AIUnknown$15MJan 2024
    HealthJoy logoHealthJoySeries D$60MOct 2022
    ProNavigator logoProNavigatorGrowth$10MSep 2022
    OvationCXM logoOvationCXMSeries C$20MSep 2022
    WellnessLiving logoWellnessLivingGrowth$66MAug 2022
    Ensodata logoEnsodataSeries A$20MJun 2022
    Panzura logoPanzuraSeries B$80MMay 2022
    Wisedocs logoWisedocsSeed$4.1MJan 2022
    Phorest logoPhorestGrowth$12MJan 2022
    Liongard logoLiongardGrowth$10MJan 2022
    Boosted AI logoBoosted AISeries B$35MJan 2022
    TealBook logoTealBookSeries B$50MDec 2021
    Eventus logoEventusSeries B$30MSep 2021
    Page 1 of 4

    Top Co-Investors

    Information Venture Partners6 shared
    BDC Capital5 shared
    Ten Coves Capital4 shared
    Updata Partners4 shared
    Jump Capital3 shared
    Bay Partners2 shared
    Klass Capital2 shared
    ScaleUP Ventures2 shared
    McRock Capital2 shared
    GreenSky Ventures2 shared

    Last updated: 7 September 2026