“CIBC Innovation Banking’s investment will help us focus on the mission: acquiring companies whose tech can fit into—and enrich—Ageras’ one-and-done financial cockpit for small businesses,” said Ageras Co-founder and CEO Rico Andersen. “In the last year, we’ve acquired and added three companies to our product offering. Now, with CIBC Innovation Banking’s €35m investment, we’ll look to buy more, especially companies that have developed best-in-class products that either cement our position in one market or add mission-critical features that we can offer to all existing customers.”

https://www.businesswire.com/news/home/20220811005226/en/CIBC-Innovation-Banking-Provides-%E2%82%AC35M-in-Growth-Capital-Financing-to-Ageras