CIBC Innovation Banking lends $10 mln to Georgian-backed Stratifyd

CIBC Innovation Banking has provided US$10 million of debt financing to Stratifyd, a Charlotte, North Carolina-based end-to-end customer analytics platform. The funds raised will be used to support the company's growth. Founded in 2015, Stratifyd provides artificial intelligence-enabled technology to help enterprises generate insights that lead to customer retention, improved products and services, and greater revenue. Last year, Stratifyd secured US$25 million in a Series B financing led by Canadian growth equity firm Georgian Partners. CIBC Innovation Banking is the technology lending arm of Canadian bank CIBC.

6 August 2019•3 mins read
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