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North Vancouver-based Jane Software Closes $2 Million Growth Capital Debt Financing with CIBC Innovation Banking Partners
Friday, January 11, 2019Company Profile | Follow Company
Vancouver, BC, January 11, 2019--(T-Net)--CIBC Innovation Banking announced today that it has closed a $2 million growth capital financing with Jane Software Inc., a leading cloud-based clinic management software company based in North Vancouver.
Jane disrupted the clinic management space with innovative cloud-base software that offers allied health clinics online booking, charting, scheduling and invoicing on one secure, easy-to-navigate platform.
Jane has received significant accolades including second place winner in the BC New Ventures Competition (2016), being named Ready to Rocket (2018) and an Emerging Rocket (2017) as well as acceptance to BC Tech's Hypergrowth Program (2017).
"We are thrilled to be working with Jane Software Inc. Founders Alison and Trevor identified a problem common in clinic management and created an innovative software application to disrupt the space, bringing value to clinics, their staff, and patients alike," said Amelia Kleinschmidt, manager with CIBC Innovation Banking in Vancouver. "We've impressed with the team and look forward to helping support the company in their next stage of growth," added Kleinschmidt.
"We have been so impressed by the CIBC team and their thoughtful understanding of Jane as a SaaS business throughout the funding process. We are thrilled to be working with them as we continue to expand Jane's team and platform here in Canada and around the world," said Alison Taylor, Co-CEO of Jane.
"This $2 million line will allow Jane to experiment with new growth strategies on an accelerated timeline from our currently self-funded expansion. We honestly couldn't be more excited about 2019 and how CIBC will support us in the coming years," added Taylor.
About CIBC Innovation Banking
With offices in Denver, Menlo Park, Montreal, Reston, Toronto and Vancouver, CIBC Innovation Banking is a full-service business that delivers strategic advice and funding to North American technology and life science clients at each stage of their business cycle, from start up to IPO and beyond. CIBC Innovation Banking brings extensive experience and a strong, collaborative team that extends across commercial banking and capital markets in Canada and the U.S.
About Jane Software Inc.
Jane is a practice management software based in North Vancouver, B.C., and used by practitioners in a variety of health care related disciplines around the world (Physios, Chiros, Massage Therapists, Acupuncturists, Counsellors, etc.). We help small healthcare practitioners love the business side of their small business while delighting their patients and staff with modern design and helpful features. www.jane.app