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CIBC

investment firm

About

Canadian Imperial Bank of Commerce is a Canadian financial institution that provides its clients with banking services.

Highlights

Stock Symbol
nyse:CM
Total Funding Amount
$800M
Funding Rounds
2
Investments
46
Lead Investments
27
Exits
23

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$800M
Industries
Banking,Credit Cards,Financial Services
Founded date
Jan 1, 1867
Operating Status
Active
Stock Symbol
nyse:CM
Legal Name
CIBC
Also Known As
Canadian Imperial Bank of Commerce
Investor Type
Investment Bank,Venture Debt

CIBC has been providing banking services to Canadians since 1867. With over 1,000 branches, more than 4,000 bank machines, banking by phone, internet and mobile devices, we have you covered.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$800M
CIBC has raised a total of $800M in funding over 2 rounds. Their latest funding was raised on Jun 8, 2022 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 8, 2022 Post-IPO Debt $800M — — — Detail
Nov 21, 1997 IPO — — — — Detail

Investments

Number of Investments
Number of Lead Investments
46
27
CIBC has made 46 investments. Their most recent investment was on Dec 21, 2022, when Taiga Building Products raised $250M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 21, 2022 Taiga Building Products
Post-IPO Debt $250M Building Material —
Aug 30, 2022 Arevon
Debt Financing $400M Asset Management Yes
Jul 28, 2022 Converge Technology Partners
Post-IPO Debt $600M Information Technology Yes
Jun 15, 2022 Power Corporation of Canada
Post-IPO Equity $210M Energy —
Jan 11, 2022 MSP Corp
Series Unknown $35M Cloud Computing —
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Employee Profiles

Number of Employee Profiles
51
CIBC has 51 current employee profiles, including Executive Eyal Sivan
Eyal Sivan
Executive
Jeff Chapman
Executive
Christine Larsen
Board member
Jane L. Peverett
Board member
Leslie Rahl
Board member
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Exits

CIBC has had 23 exits. CIBC most notable exits include MindMed ,   Expensify

Date Company Name Exit Type Industry
Jul 8, 2022 MindMed IPO Biotechnology Detail
Nov 10, 2021 Expensify IPO Accounting Detail
Sep 22, 2021 HomeEquity Bank M&A Banking Detail
Sep 16, 2021 Archaea Energy M&A Energy Detail
Apr 13, 2021 Dext M&A Accounting Detail
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Acquisition

CIBC has acquired 3 organizations. Their most recent acquisition was PrivateBancorp on Jun 23, 2017. They acquired PrivateBancorp for $5B.

Date Company Name
Industry Acquisition Type Price
Jun 23, 2017 PrivateBancorp
Banking acquisition $ 5B Detail
Jan 8, 2018 Wellington Financial
Finance lbo — Detail
Sep 9, 2019 Cleary Gull Inc.
Financial Services acquisition — Detail
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