CIBC Innovation Banking provided growth financing to Skedda, a global space management and scheduling platform focused on serving employees in hybrid work environments. This funding will drive product innovation and further fuel Skedda’s expansion.

Skedda’s products serve customers across multiple verticals, including workplaces and universities, with functionality including interactive floorplans, space booking, visitor management and usage analytics.

“We’re excited to work with CIBC’s innovation banking team to accelerate Skedda’s product innovation and fuel our non-stop effort to provide our customers with a world-class workplace management platform that enables them to solve their hybrid work challenges,” Michael Records, vice president of finance at Skedda, said.

“We’re thrilled to be working with Skedda as it solves a new pain point that emerged from the post-pandemic hybrid work environment,” Brittany Blanco, director of CIBC Innovation Banking, said. “The platform is well positioned to help clients manage the future of working teams efficiently.”