CIBC Innovation Banking

Founded in 2000, Wellington Financial was a privately held provider of growth capital to technology and life science companies across Canada and the United States. The fund established itself as a leader in its sector with five institutionally backed funds, managing a $900 million investment program. Headquartered in Toronto, Canada, with coverage in Menlo Park, Santa Monica and New York City, the fund financed over one hundred North American and UK-based growth companies, earning international recognition as one of the “Most Consistent Top Performing Debt Fund Managers" in the world on several occasions by UK-based Preqin.

In 2018, CIBC acquired Wellington Financial and launched CIBC Innovation Banking, with a vision to be the leading bank lender to entrepreneurs and investors in the innovation economy. As a North American financial institution, CIBC has a market capitalization of over $50 billion and provides financial products and services to 13 million personal banking, business, public sector and institutional clients in Canada, the US and around the world. In 2021, we launched the $450 million CIBC Innovation Catalyst fund, focused on growth equity and venture capital firms.

To date, we’ve deployed $11.2 billion to more than 700 entrepreneurs and investors. Backed by the strength of CIBC, we are now recognized as the bank partner of choice by hundreds of entrepreneurs and investors for providing tailored funding and investment solutions and banking services to meet their strategic capital needs at every stage of a company.