Sector portfolio · VC firm · Canada
CIBC's AI portfolio
CIBC has backed 12 AI startups in rounds we track, $744M between them, shown by the stage each has reached. The best-funded is Converge Technology Solutions.
Funding by segment
- Stage not reported$542M8
- Series C and later$202M4
Where they are based
- Canada5$520M
- United States5$140M
- Germany1$13M
- Sweden1$71M
Canada
United States
Germany
SwedenFounded
2 without a founding year on record.
Total raised
- Under $1M0
- $1M to $10M4
- $10M to $50M5
- $50M to $250M2
- $250M to $1B1
- $1B and over0
Each dot is a startup: the year it was founded across, the total it has raised up (each line is ten times the one below). Pick a segment to pick it out.
10 of 12 startups shown; the rest have no founding year or amount on record.
- 1 to 2
- 3 to 7
- 8 to 24
- 25 to 99
- 100 and more
- Canada5
- United States5
- Germany1
- Sweden1
Startups by country, 4 countries in all.
Segment by segment
Stage not reported
8 startups · $542M raised
Converge Technology SolutionsConverge Technology Solutions is an IT company that offers cybersecurity, AI, advanced analytics, and digital infrastructure services.Canada$469M- IInfinityUnited States$21M
CyberCyber is an Ethereum Layer 2 blockchain network tailored for social applications and AI.United States$20M
PhrasePHRASE provides construction and industrial services.Germany$13M
ProNavigatorProNavigator is an AI-powered knowledge management platform designed specifically for the insurance industry.Canada$7.6M
Gradient AIGradient AI provides AI solutions for the insurance industry, leveraging vast industry data for accurate predictions.United States$6.0M
WisedocsWisedocs is an AI-powered insurtech software platform founded in 2018, focused on automating the sorting, indexing, summarization,Canada$3.2M
HiringBranchHiringBranch is an AI-powered soft skills and language assessment hiring solution that specializes in human resources.Canada$2.5M
Series C and later
4 startups · $202M raised
HealthJoyHealthJoy is a healthcare technology company based in Chicago, founded in 2014.United States$73M- WWintSweden$71M
Nanoprecise Sci CorpNanoprecise is an AI & IoT company that is revolutionizing the field of predictive maintenance by accurately diagnosing faults in machines.Canada$38M
OvationCXMOvationCXM is a remote-first SaaS company founded in 2014, specializing in AI-powered Customer Experience Management (CXM) solutions.United States$20M
How this map is made. Every startup here works in AI and has raised money in a round we track that names CIBC as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.
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