CIBC Innovation Banking lends $2.7 mln to VC-backed CareGuide
CIBC Innovation Banking has closed a $2.7 million (US$2 million) growth financing with CareGuide, a Toronto-based provider of online care services. Founded in 2012 by Chief Executive Dad John Philip Green, CareGuide connects millions of North American caregivers with families needing child care, pet care, elder care and home-care services. It also provides payroll services. CareGuide is backed by Canadian and U.S. investors, including Inovia Capital, Plaza Ventures, Structure Capital, FJ Labs, Hedgewood, Conconi Growth Partners, 500 Startups and some 60 angel investors. CIBC Innovation Banking is the technology lending arm of CIBC.
29 May 2019•3 mins read
