CIBC Innovation Banking invests in AI chatbot platform Chatkit
CIBC Innovation Banking has provided undisclosed growth financing to Chatkit, a Toronto-based artificial intelligence-enabled conversational marketing platform. Founded in 2016 and led by CEO Mazdak Rezvani, the former CTO of Chango, Chatkit’s chatbot technology helps brands manage and automate conversations with their customers on chat channels. Last year, Chatkit closed a seed-stage financing backed by Mantella Venture Partners, iNovia Capital and 500 Startups Canada. CIBC Innovation Banking launched in January with CIBC’s acquisition of the assets of Canadian specialty finance firm Wellington Financial.
22 August 2018•2 mins read
