CIBC Innovation Banking provided growth capital financing to Carefull, a financial safety platform focused on protecting aging adults from financial fraud and exploitation.
“We are excited to work with CIBC Innovation Banking as we continue developing innovative solutions to meet the growing needs of aging adults and financial caregivers,” Todd Rovak, co-founder of Carefull, said. “Having access to additional funding allows us to deepen our impact and extend our reach, ensuring more older adults and their loved ones are protected from financial risks.”
“Carefull’s mission to help families and loved ones avoid financial missteps is deeply aligned with what CIBC Innovation Banking values in the companies we work with,” Brittany Blanco, director of CIBC Innovation Banking, said. “We are thrilled to provide financing support to help the company accelerate delivery to more individuals.”
