Press release
AlayaCare secures $50 million growth capital facility from CIBC Innovation Banking
TORONTO, Feb 19, 2026 — AlayaCare, a leading provider of cloud-based home and community care solutions, today announced the closing of a $50 million growth capital facility with CIBC Innovation Banking. The financing will fuel AlayaCare’s continued expansion and support strategic mergers and acquisitions, advancing the company’s mission to transform the delivery of care across Canada, the U.S., and globally.
AlayaCare’s end-to-end, cloud-based platform empowers home and community-based care organizations with data-driven tools including simplified billing, remote patient monitoring, and a mobile application — helping care providers lower costs and deliver better outcomes for their clients. CIBC Innovation Banking has been a trusted financial partner since AlayaCare’s founding in 2014.
“We are excited to continue working with CIBC Innovation Banking as we accelerate AlayaCare’s growth and pursue new opportunities in the market,” said Adrian Schauer, CEO of AlayaCare. “This financing will enable us to further invest in our technology and expand our impact, helping care providers deliver better outcomes for their clients.”
The new facility positions AlayaCare to deepen its investment in product innovation while actively pursuing acquisitions that extend its reach and capabilities across international markets.
AlayaCare is backed by leading investors including Inovia Capital, Generation Investment Management, La Caisse, Investissement Quebec, and Klass Capital.
About AlayaCare
AlayaCare is an end-to-end platform designed to serve public, private, and non-profit home-based and community care organizations that manages the entire client lifecycle, including needs assessments, care plans, scheduling, visit and route optimization, and visit verification. Founded in 2014 and now with over 600 employees, AlayaCare combines traditional in-home and virtual care solutions that enable care providers to lower the cost of care and achieve better outcomes for their clients. For more information, visit AlayaCare.com.