ContactMonkey secures investment from CIBC Innovation Banking to expand its global reach and product offerings.
May 17, 2025•3 months ago
Investors
Cibc Innovation Banking
Description
ContactMonkey, based in Toronto, Canada, has received financing from CIBC Innovation Banking. The amount of the deal was not disclosed. The company plans to use the funds to enhance its business reach globally and offer new products to its customers. ContactMonkey's platform is used by over 10,000 communicators worldwide.
FundzWatch™ Score
66
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers