MedMe Health secures growth capital from CIBC Innovation Banking
CIBC Innovation Banking provided MedMe Health with a growth-focused credit facility to expand its product suite and scale its operations in North America.
On August 20, 2025, CIBC Innovation Banking announced that it had provided a growth-focused credit facility to MedMe Health. MedMe said it would use the financing to expand its product suite and scale its operations in North America.
“We are excited to work with CIBC Innovation Banking to fuel our next stage of growth,” said Purya Sarmadi, CEO and Co-Founder of MedMe.
MedMe is backed by investors including Microsoft's M12, Graphite Ventures, MaRS IAF and Y Combinator.
Read the announcement on Private Capital Journal.
Ready to enhance your pharmacy's clinical practice?
See how MedMe turns clinical services into reliable, billable revenue across your stores.
Book a demo