CIBC Innovation Banking Provides $1.5 Million Growth Capital to Fitness Software Firm FLiiP
CIBC Innovation Banking has announced a $1.5 million debt facility to FLiiP, an end-to-end management software platform for fitness businesses. The financing will reportedly accelerate FLiiP’s market expansion across North America and Europe. The platform aims to help gym operators streamline operations and drive revenue growth through AI-powered automation.
CIBC Backs Fitness Management Platform with Growth Capital
According to reports from Business Wire, CIBC Innovation Banking has provided a $1.5 million debt facility in growth capital to FLiiP, an end-to-end management software platform specifically designed for fitness businesses. Sources indicate this financing will support FLiiP’s market expansion initiatives across Canada, the United States, and Europe.