On May 22, Sensibill secured $5 million in debt financing from CIBC Innovation Banking. The growth funding will be used to support Sensibill’s plans for strategic growth. Sensibill provides digital receipt management and SKU-level data that helps institutions better understand and serve customers.
Sensibill is a digital receipts ecosystem specialized in machine learning to provide a turnkey digital receipt solution to financial institutions.
CIBC Innovation Banking is a financial institution specialized in delivering strategic advice, cash management and funding to North American innovation companies at each stage of their business cycle.
Osler, Hoskin & Harcourt LLP advised Sensibill with a team consisting of Martha Martindale and Miju Damodar (Financial Services).