CIBC Innovation Banking has announced its recent upsized growth capital financing for DealMaker, a premier capital-raising technology platform.
This new funding aims to further catalyse DealMaker’s rapid expansion efforts across North America.
Founded in 2018 by Bay Street legal experts, Rebecca Kacaba and Matt Goldstein, DealMaker was conceptualised to bring much-needed modernisation to the shareholder issuance domain. Their exemplary work led to the company’s recent inclusion in Google’s for Startups Accelerator programme, an initiative poised to bolster DealMaker’s AI-driven innovations in the FinTech sector.
In recognition of its impressive growth trajectory and innovative approach, DealMaker was recently spotlighted as the sixth fastest growing company in the Globe and Mail’s Top Growing Companies of 2023.
DealMaker CEO & Co-Founder Rebecca Kacaba said, “The combination of CIBC Innovation Banking and Google backing our long-term plans is an exciting acceleration for us. Their support helps us in our mission to build the most sophisticated capital markets tool on the planet – and there is no better way to achieve this than to weave AI capabilities throughout our platform for ease of use for both investors and issuers.”
Rob Rosen, managing director in CIBC Innovation Banking’s Toronto office, commented, “DealMaker’s comprehensive platform creates a more equitable and modern capital raising experience, focusing intently on transparency. We are thrilled to extend our team’s financial and advisory support as the company continues to scale impressively.”
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