CIBC Innovation Banking provided growth capital to Booksy, a mobile-first booking platform. The company will use the financing to accelerate new customer acquisition, marketplace expansion and platform enhancements.
“Our partnership with CIBC Innovation Banking will allow Booksy to continue building on our momentum in the United States and throughout Europe,” Kristina Salen, chief financial officer of Booksy, said. “Beauty, wellness and health providers are building businesses that are integral to their communities. They bring their creativity and passion, and we provide everything they need to run and grow their businesses.”
“We are excited to support Booksy as the team continues to grow its platform and customer reach,” Andrew Schwartz, managing director of CIBC Innovation Banking, said. “Booksy’s management team has built a mission-critical SaaS-platform for beauty providers to run their business on and have reached an impressive scale with over 130,000 providers and 38+ million consumers worldwide.”
