CIBC Innovation Banking Provides Growth Capital to AI-Powered Go-to-Market Platform Landbase
17 Dezembro 2024 - 12:00PM
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20241217369458/en/
Beth McKay, beth.mckay@cibc.com, 416-552-1391
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