CIBC Innovation Banking Supports Harbor Compliance’s Growth Plans With New Strategic Credit Facility
Summary
Harbor Compliance is a technology company that empowers nonprofits and businesses with licensing, tax, and entity management solutions. Labyrinth has similarly supported charitable organizations with fundraising registration services since its founding over 30 years ago. “Mike, Megan, and the Harbor team have been incredibly efficient in building their business,” said Charlie Kelly, US Technology Co-Head, CIBC Innovation Banking. “We were impressed with their operational and product strategy, and are pleased to be supporting their vision for continued growth by uniting their existing client base and technology with the service team and optimized workflows at Labyrinth.” “Labyrinth’s exceptional service model and Harbor Compliance’s technology form an integrated solution that will further simplify licensing for our clients,” said Mike Montali, CEO, Harbor Compliance. With offices in Atlanta, Austin, Boston, Chicago, Denver, London, Menlo Park, Montreal, New York, Reston, Toronto and Vancouver, the team has extensive experience and a strong, collaborative approach that extends across CIBC’s commercial banking and capital markets businesses in the U.S. and Canada.