CIBC Innovation Banking provided a $1.5 million debt facility in growth capital to Vessel Funds Inc. (Vessel), a leading platform that simplifies investor relations, fund reporting and compliance tasks. The financing will support Vessel’s continued global expansion and product innovation.

Vessel’s platform enables fund managers and limited partners with real-time insights, streamlined workflows, and enhanced transparency, helping drive operational efficiency and improved decision-making across the investment lifecycle.

“We are excited to support Vessel as it continues to innovate in the fund management space,” said Eric Laflamme, Managing Director, CIBC Innovation Banking. “Vessel’s technology is transforming how private market funds and their LPs operate, and we look forward to supporting its continued growth.”

“This relationship with CIBC Innovation Banking is a significant milestone for Vessel,” said Thomas Terrats, CEO and Co-Founder, Vessel. “The growth capital will enable us to accelerate our product development and expand our reach, serving more funds globally while helping more General Partners and Limited Partners unlock greater value from their investments.”

Vessel is supported by leading investors and tech-forward venture capital firms including Inovia, Afore Capital, BY Venture Partners, FJ Labs and Golden Ventures.