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Home Deal Announcements

CIBC Innovation Banking Provides Growth Capital to Andgo

byBrianna Wilson
August 7, 2024
in Deal Announcements

CIBC Innovation Banking provided growth financing to Andgo Systems, a company in workflow automation solutions for dynamic absence onboarding, shift filling and vacation mapping in complex, high volume industries. The company will use the financing to further fuel its accelerated expansion across North America.

“We are thrilled to have secured this growth financing, which will enable us to accelerate growth and enhance our ability to deliver innovative shift-filling solutions to our customers,” Tom Ross, CEO of Andgo, said. “This financing is a testament to the dedication of our team and the value Andgo creates for our customers. We look forward working with the Innovation Banking Team at CIBC as we expand our reach.”

“In response to the impact on healthcare staffing due to Covid, there has been an increased market demand for intelligent absence management and shift filling,” Ab Makalo, director of CIBC Innovation Banking. “Andgo’s automation of scheduling tasks helps modernize healthcare operations by reducing errors, saving time and enabling staff to focus on strategic activities. This drives enhanced operational efficiency, improved patient care and greater employee satisfaction. We’re excited to work with Andgo as it scales.”

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