CIBC Innovation Banking Provides Growth Capital to Drips Holdings, LLC
In a landscape where traditional outreach methods like cold calls and emails may not reach consumers, Drips starts real conversations by asking customers an engaging question, then continues to engage with human-like AI-powered dialogue over SMS and phone calls.
Since 2016, Drips’ compliance focused managed technology has been leveraged by organizations in highly regulated industries that require the delivery of sensitive data including healthcare payers and providers, insurance companies, financial services, higher education, and more.
“In the midst of an exhilarating transformation within the outbound industry, we’re witnessing a pivotal shift with the potential to redefine customer engagement. However, it's evident that many companies are grappling with the challenge of executing it effectively. This is precisely where Drips steps in, offering our expertise to guide enterprises in embracing an authentic, compliant, and proactive approach. We chose CIBC Innovation Banking to come along side us in our journey and fuel our growth. They exhibited patience and thoughtfulness in understanding our industry and the market opportunity ahead of us,” said
“We are excited to partner with the Drips team to reach the next phase in their growth cycle and become an integral component in the customer communication cycle,” said
About CIBC Innovation Banking
CIBC Innovation Banking delivers strategic advice, cash management and funding to innovation companies across
Drips is the pioneer in helping organizations master large-scale 1:1 conversations precisely during critical moments in the customer journey — whether it's preventing service disruptions, averting coverage cancellations, or seizing timely opportunities. Drips’ Conversations as a Service™, powered by human-like AI dialogue, is all about authentic, honest, two-way conversations with every single customer. Drips allows clients to integrate with most CRMs, marketing automation systems, dialers, and call center platforms. It’s all about how you say it.™
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Source: CIBC Innovation Banking