CIBC Acquires Wellington Financial to launch CIBC Innovation Banking
Offices are opened in major tech hubs in Canada (Montreal & Vancouver) and US (Denver & Reston)
CIBC Innovation Banking announces opening of office in New York City to meet demand on the East Coast and expansion of its Menlo Park team
During the COVID-19 pandemic, our team funded more than 50 companies ranging from early stage to those with an enterprise value in excess of US$5 billion
CIBC Innovation Banking announces opening of 11th office in Boston.
CIBC Innovation Banking launches $450 Million CIBC Innovation Catalyst fund focused on venture capital and growth equity funds
Tapping Into Authenticity to Gain Consumer Trust with Bernadette Butler, Co-Founder and CEO of StoryTap
In the business world, it’s never been more important for companies to build a brand that’s trustworthy, credible and authentic. Considering realness is the basis for her business model, StoryTap co-founder Bernadette Butler lives and breathes by this maxim. StoryTap turns consumers into evangelists—not by using fancy, high-quality video content, but through videos that consumers submit themselves. Offered now in nine countries, the patented video platform is revolutionizing the online customer journey, bridging the gap between the in-person experience and the online experience. In this episode, Bernadette explains why she believes the secret to StoryTap’s success is applying authenticity to the business model every step of the way.
An Accelerated Revision to Pre-Pandemic Life with Ran Ding, Partner at Norwest Venture Partners
The pandemic’s impact on startups, growth-stage companies and late-stage organizations continues, and geopolitical issues have also had a dramatic impact on the private equity markets. No one knows this better than Ran Ding. Ran co-leads B2B growth equity investments at Norwest, where he focuses on partnering with founder managed or capital efficient businesses looking to scale from double digit revenues to triple digit revenues. Norwest is a multi-stage investment firm that has delivered top quartile returns over the past 60 years, and seen its fair share of economic cycles. Ran cut his teeth more than a decade ago during the last financial crisis, and shares his perspective on the similarities he sees today.
Why Focusing on Efficiency and Measured Growth is Key with Jager McConnell, CEO at Crunchbase
Since it spun out from the wildly popular online media company TechCrunch in 2015, Crunchbase has been blazing its own trail. The company recently raised $50 million in a Series D round, and it comes at a difficult time for raising funds—not just for B2B software as a service, but for the industry as a whole. Nobody knows that better than Crunchbase’s CEO, Jager McConnell. In this episode, Michael and Jager explore how he managed to raise the funds, how he managed the uncertainty, and how his experience at Salesforce helped him drive Crunchbase to the level of success it's seen so far. Michael and Jager discuss the company’s latest funding round, the importance of giving back to the community, and some of the toughest lessons he’s learned while building an enterprise product.
The 2008 Financial Crisis vs. Coronavirus Effects on Tech Start-ups
Unlike 12 years ago, today’s start-ups are better positioned to weather the economic effects of COVID-19 if they’ve got this one thing.