CIBC Innovation Banking Provides $1.6 Million in Growth Capital to Vasco

MONTREAL--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has provided a $1.6 million debt facility in growth capital to Vasco, an end-to-end Revenue Operations (“RevOps”) platform designed to align revenue teams, map customer journeys, and optimize go-to-market strategies. The financing will support Vasco’s continued product innovation and market expansion.

Vasco’s platform enables organizations to plan and execute growth initiatives, set sales and marketing goals, and identify gaps for sales and company leadership.

“Securing this growth capital from CIBC Innovation Banking is a testament to the value Vasco brings to modern revenue teams,” said Guillaume Jacquet, CEO and Co-Founder of Vasco. “With this support, we will accelerate our mission to empower businesses with smarter, more efficient revenue operations and continue to deliver innovative solutions to our clients.”

“Vasco is redefining how companies approach revenue operations by providing a unified platform that brings clarity and alignment to go-to-market teams,” said Eric Laflamme, Managing Director, CIBC Innovation Banking. “We are excited to support Vasco’s vision and look forward to seeing their continued impact on the RevOps landscape.”

Vasco is supported by leading investors including Inovia, BY Venture Partners, and Framework Venture Partners.

About CIBC Innovation Banking

CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. innovationbanking.cibc.com

About Vasco

Founded in 2022 and headquartered in Montreal, QC, Vasco is an end-to-end Revenue Operations (“RevOps”) platform designed to align revenue teams, map customer journeys, and optimize go-to-market strategies. Vasco’s three core modules—Revenue Architecture, Data Platform, and Insights—are unified and enabling organizations to plan and execute growth plans, set sales and marketing goals, and uncover gaps for sales and company leadership. For more information, visit https://vasco.app/.