Wellington Financial

Wellington Financial was a prominent North American venture debt firm that specialized in providing growth capital to companies in the innovation economy, including the healthcare and life sciences sectors. Founded in 2000 and headquartered in Toronto, the firm offered non-dilutive financing solutions such as venture debt, bridge-to-equity, and growth loans. The firm was particularly active in supporting commercial-stage biotech, medtech, and healthcare IT companies that required capital for expansion without significant equity dilution. In January 2018, Wellington Financial was acquired by CIBC to form the foundation of CIBC Innovation Banking. This acquisition allowed the firm's specialized lending expertise to be integrated into a global banking platform, continuing its support for high-growth companies.