Fundz

Channel and CIBC Bank USA Expand Long-Term Financing Partnership to $135 Million

PRIVATEOct 22, 2026

Amount Raised

$135 Million

Round Type

Venture

MinnetonkaSoftwareE Commerce

Description

Channel has closed a new $135 million revolving credit facility with CIBC Bank USA, expanding their long-standing partnership. This facility will support equipment finance leases and loans alongside existing working capital products.

Quick answer

Channel raised $135 Million in a funding round, dated October 22, 2026. Channel is based in Minnetonka, Minnesota, United States.

How much did Channel raise?
Channel raised $135 Million in a funding round on October 22, 2026.
What does Channel do?
Co-browsing is an innovative way to remotely assist your website visitors and clients.
Where is Channel based and how big is it?
Channel is based in Minnetonka, Minnesota, United States. Fundz records about 179 employees.
Who are the decision-makers at Channel?
Fundz holds 1 contact at Channel. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Software around the same time

Companies in the same sectors as Channel that raised within 45 days of this round, from Fundz verified event records.

  • Vudoo raised $22M (Series B) on November 9, 2026.
  • Foozi raised $1M (Pre-Seed) on November 6, 2026.
  • Delever raised $380K (Seed) on October 31, 2026.
  • Live2.ai raised $14M on October 27, 2026.
  • Chatsi raised $2.5M (Seed) on October 20, 2026.
  • Ruit raised $986K (Pre-Seed) on October 15, 2026.

Who to call at Channel, and when

A new round usually means Channel is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Channel raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Channel, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Channel. With Fundz connected, it knows.

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Company Information

Company

Channel

Location

Minnetonka, Minnesota, United States

About

Co-browsing is an innovative way to remotely assist your website visitors and clients. Navigate any webpage and interact with it as you surf the site with them in real time. This feature offers an ideal solution for times when your customers require technical assistance or when you need to help them through a complex purchase process. As an added plus, our service is secure and data storage-free, ensuring the privacy and confidentiality of your customer interactions.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Channel raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Predictive Intelligence
Strategic

ML-powered predictions for Channel's next move

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Channel raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.