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Home Deal Announcements

CIBC Innovation Banking Provides $35MM Debt Facility to Intradiem

byIan Koplin
December 1, 2021
in Deal Announcements

CIBC Innovation Banking provided a debt facility of $35 million to Atlanta-based Intradiem, a provider of automation technology solutions for customer service teams. Intradiem will use the capital for growth and to accelerate the launch of products to deliver on its next generation platform and machine learning initiatives.

“The CIBC Innovation Banking team has provided incredible support to our team at Intradiem,” Bryan Jones, CFO of Intradiem, said. “We’re grateful for their assistance, which will enable our immediate market growth plans and accelerated product initiatives.”

Intradiem’s artificial intelligence-powered intelligent automation platform enables contact center and back-office teams to process and leverage millions of real-time data points to boost operational efficiency, agent engagement and customer experiences.

“Intradiem’s platform brings a unique, real-time data processing capability that is transforming customer service operations,” Andy Kirk, managing director of CIBC Innovation Banking’s Atlanta office, said. “We’re excited to support their continued growth and global expansion with this funding.”

Intradiem is also backed by MK Capital and JMI Equity.

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