CIBC Innovation Banking Provides Growth Capital to Andgo
2024年8月6日 - 11:00PM
ビジネスワイヤ(英語)
CIBC Innovation Banking announced today that it has provided
growth financing to Andgo Systems Inc., a market leader in workflow
automation solutions for dynamic absence onboarding, shift filling,
and vacation mapping in complex, high volume industries. The
company will use the financing to further fuel its accelerated
expansion across North America.
Founded in 2014 in Saskatoon, Andgo drives transformational
intelligent automation for organizations in industries like
healthcare that have complex requirements around onboarding
employee absences, filling vacant shifts, and annual vacation
selection and awarding. Andgo's offering suite delivers end-to-end
automation throughout what are traditionally highly manual, tedious
processes, providing actionable insights and accurately filling
more shifts faster.
“We are thrilled to have secured this growth financing, which
will enable us to accelerate growth and enhance our ability to
deliver innovative shift-filling solutions to our customers,” said
Tom Ross, CEO of Andgo. “This financing is a testament to the
dedication of our team and the value Andgo creates for our
customers. We look forward working with the Innovation Banking Team
at CIBC as we expand our reach.”
“In response to the impact on healthcare staffing due to Covid,
there has been an increased market demand for intelligent Absence
Management and Shift Filling. Andgo's automation of scheduling
tasks helps modernize healthcare operations by reducing errors,
saving time, and enabling staff to focus on strategic activities.
This drives enhanced operational efficiency, improved patient care,
and greater employee satisfaction. We’re excited to work with Andgo
as it scales,” said Ab Makalo, Director, CIBC Innovation
Banking.
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 Andgo
Our mission at Andgo is to improve the lives of both our
customers and employees. We do this by enabling meaningful and
thoughtful work that simplifies complex interactions related to
dynamic shift filling and vacation mapping. Andgo's intelligent
workflow automation suite fills more shifts faster, with the
right people. Our holistic, end-to-end approach drives significant
ROI to our customers, particularly in high-volume scheduling
environments. For more information, visit our website:
http://www.andgosystems.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240806450895/en/
Beth McKay, beth.mckay@cibc.com, 416-552-1391
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