CyberQP, a Vancouver, Canada–based provider of Zero Trust helpdesk security solutions, has received funding from CIBC Innovation Banking.
Investors
CIBC Innovation Banking offers growth capital loans, venture debt, working capital lines, and specialized financial products. The institution manages over $11 billion in funds and supports the life sciences, healthcare, and cleantech sectors. Over the past 6.5 years, it has served more than 700 venture and private equity-backed companies. CIBC Innovation Banking operates across 14 global locations, including major cities in the U.S., Canada, and the UK.
CyberQP Use of Funds
The company will use the funds to scale global operations, enhance its helpdesk security automation and Privileged Access Management (PAM) platform, and deliver increased value to IT teams across various industries.
About CyberQP
Founded in 2019, CyberQP is a growing venture-backed Software as a Service (SaaS) provider of helpdesk security automation and privileged access management solutions. Originally developed for Managed Service Providers (MSPs), CyberQP’s solutions are now widely adopted by internal IT teams across various industries to strengthen access controls, reduce operational friction, and ensure compliance. Backed by SOC 2 Type 2 certification, CyberQP empowers IT professionals to eliminate identity and privileged access security risks, enforce compliance, and enhance operational efficiency. Headquartered in Vancouver, BC, CyberQP's mission is to empower access and redefine privilege for help desks worldwide.
Funding Details
Company: CyberQP
Raised: Undisclosed
Round: Growth Financing
Funding Date: July 2025
Lead Investor: CIBC Innovation Banking
Additional Investors:
Company Website: https://www.cyberqp.com/
Software Category: Helpdesk Security / Privileged Access Management / IT Operations
Source: https://www.businesswire.com/news/home/20250605187930/en/