Skedda obtains growth capital

Melbourne-born but now global Skedda - receives funding from CIBC Innovation Banking

CIBC Innovation Banking has recently announced its strategic move to provide growth capital to Skedda, a leading platform in space management and scheduling, aimed at enhancing the hybrid work environment.

This partnership is set to drive Skedda's product innovation and fuel its global expansion, addressing the evolving needs of modern workplaces. Skedda's platform, which boasts features like interactive floorplans, space booking, and visitor management, serves a diverse clientele, including top-tier universities and global corporations. Michael Records, VP of Finance at Skedda, expressed enthusiasm about the collaboration, stating, “We’re excited to work with CIBC’s Innovation Banking team to accelerate Skedda’s product innovation and fuel our non-stop effort to provide our customers with a world-class workplace management platform.”

The investment by CIBC Innovation Banking into Skedda underscores the growing importance of flexible and efficient workspace management solutions in the post-pandemic era.

Brittany Blanco, Director at CIBC Innovation Banking, highlighted the platform's relevance, noting, “We’re thrilled to be working with Skedda as it solves a new pain point that emerged from the post-pandemic hybrid work environment.” This partnership not only signifies a significant step towards enhancing hybrid workplace experiences but also reflects a shared commitment to innovation and customer satisfaction in the evolving landscape of work.