SAN FRANCISCO & TORONTO, December 17, 2024--(BUSINESS WIRE)--CIBC Innovation Banking has provided growth capital financing to Landbase, an AI-powered go-to-market automation platform. The funding will support Landbase's growth plans and product development.

Landbase's platform leverages machine learning technology to automate sales and marketing workflows. The company's GTM-1 Omni agentic AI model enables businesses to streamline their go-to-market processes through automated prospect research, personalized messaging, and campaign optimization.

Daniel Saks, CEO of Landbase, said: "Traditional go-to-market approaches have been plagued by fragmented teams, high costs, and inefficiencies. With Landbase, we're transforming this landscape by introducing intelligent automation that combines the best of AI and human performance. This growth capital from CIBC Innovation Banking will help us accelerate our mission to revolutionize how businesses approach their go-to-market strategies."

Josh Olawale, Director at CIBC Innovation Banking said: "Landbase has developed a solution that addresses the increasing need for automation in sales and marketing operations. With an experienced management team and growing market demand for AI-enabled solutions, Landbase is well-positioned to expand its presence in the go-to-market software space."

About CIBC Innovation Banking

CIBC Innovation Banking delivers strategic advice, cash management and funding to innovation companies across North America, the UK, and select European countries at each stage of their business cycle, from start up to IPO and beyond. With offices in Atlanta, Austin, Boston, Chicago, Denver, Durham, London, Menlo Park, Montreal, New York, Reston, Seattle, San Francisco, Toronto and Vancouver, the team has extensive experience and a strong, collaborative approach that extends across CIBC’s commercial banking, private banking, wealth management and capital markets businesses.

About Landbase

Landbase is an Agentic AI company that intelligently automates go-to-market workflows for businesses. Landbase has trained the GTM-1 Omni model on billions of data points, enabling organizations to launch highly relevant, omnichannel campaigns with minimal manual input. By combining machine intelligence with top human performance, the Landbase platform empowers businesses to scale their lead generation efforts autonomously, delivering proven success in improving conversion rates while lowering total cost of ownership.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241217369458/en/

Contacts

Beth McKay, beth.mckay@cibc.com, 416-552-1391