PortX Secures Growth Capital Financing
PortX secures growth capital from CIBC Innovation Banking to expand its AI-native data integration platform for community banks and credit unions.
PortX Secures Growth Capital Financing
PortX, based in Seattle, Washington, is an AI-native data integration platform designed for community banks and credit unions. The company recently secured growth capital financing from CIBC Innovation Banking.
Investors
CIBC Innovation Banking
PortX Use of Funds
The company will use the financing to support continued growth and product development.
About PortX
Founded in 2013, PortX is a financial technology company that develops an AI-native data integration platform specifically for community banks and credit unions. Led by CEO David Wexler, the company helps financial institutions modernize banking operations by connecting core banking systems, fintech applications, payment networks, and enterprise data through reusable, API-first infrastructure.
Funding Details
Company Website: https://portx.io
Company: PortX
Round: Growth Capital
Funding Date: November 10, 2026
Lead Investor: CIBC Innovation Banking
Software Category: Fintech
Source: https://www.businesswire.com/news/home/20261110956130/en/CIBC-Innovation-Banking-Provides-Growth-Capital-to-PortX