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INDUSTRY FIRST

ContactMonkey secures investment from CIBC Innovation Banking to expand its global reach and product offerings.

May 17, 20253 months ago
TorontoInformation Technology

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.

Company Information

Company

ContactMonkey

Location

Toronto, Ontario, Canada

About

ContactMonkey is an internal communications platform that seamlessly integrates with Outlook, Gmail, Microsoft Teams, HRIS systems, and SMS to help organizations create and send engaging employee emails in minutes. Designed to boost efficiency and impact, ContactMonkey empowers communicators with advanced tracking and analytics tools that deliver real-time insights into employee engagement, preferences, and behavior. By streamlining internal messaging and providing actionable data, ContactMonkey enables more informed decision-making and stronger workforce connections—all backed by dedicated customer support.

FundzWatch™ Score

66
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers