CIBC Innovation Banking provides £5 million corporate debt financing to investment management platform Landytech

CIBC Innovation Banking announced today that it has provided a £5 million corporate debt facility to Landytech, the next-generation investment management platform for asset owners, managers and advisors.

Founded in London, Landytech will use the funding to enhance Sesame, its investment management platform, and continue its strategic expansion across European markets. The funding recognises CIBC’s continued commitment to investing in innovative, growing companies, and Landytech’s robust business plan and position at the forefront of a rapidly growing market.

Landytech provides the investment management industry with a centralised and comprehensive source of truth on investment data for asset owners, managers and advisors. As portfolios become increasingly complex, the traditional systems used to manage and interpret this data are no longer sufficient. Landytech’s platform, Sesame, consolidates asset data from all asset classes, negating these complexities and unlocking advanced analytics and reporting capabilities across entire portfolios.

Since its inception in 2019, Landytech has raised $20 million USD to date. With headquarters in London and an office in Paris, the company now boasts over 100 employees, services over 70 clients, and handles over 400 custodian connections, establishing it as the best-connected investment management platform in Europe. As Landytech continues to grow, it will use the funding to expand Sesame’s capabilities and extend its market presence across European regions.

Benjamin Mouté, CEO of Landytech, said: “This corporate financing from CIBC Innovation Banking not only supports our ambitious growth strategy but also reflects the robustness of our business model and the trust that established financial institutions have in our vision. It’s a significant milestone that underscores our commitment to leading innovation in data-driven investment management solutions.”

Tom Dods, Director of CIBC Innovation Europe said: “As one of Europe’s leading growth lenders, we are pleased to support Landytech as it continues on its journey and enhances its product offering. Family offices around the world are underserved, and Landytech’s tailored reporting solution adds true value to its customers, based on a genuine understanding of their needs. Our funding will enable the business to continue its trajectory towards becoming the category leader in the space.”

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 startup to IPO and beyond. With offices in Atlanta, Austin, Boston, Chicago, Denver, Durham, London, Menlo Park, Montreal, New York, Reston, Seattle, 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 Landytech

For asset owners, managers, and advisors who manage complex multi-asset portfolios, Landytech’s Sesame is the investment management platform that provides a golden source of truth on your investment data, and the tools you need to power performance.

With institutional-grade analytics, automated reporting, and the best data connections and security in Europe, Sesame allows your team to spend their time building value, not spreadsheets.

For more on how Sesame can be your investment management command centre, visit landytech.com.