Procurify is an Intelligent Spend Management platform with a mission to provide organizations with real-time visibility and control over their business spend. The company's procure-to-pay solution aims to bring more spend under management, allowing customers to capture unified spend data for millions of dollars in time and cost savings. Recognized as the #1 Purchasing Leader by G2, Procurify has gained the trust of numerous global customers, managing over US$30 billion dollars of organizational spend. The platform integrates seamlessly with major ERP accounting systems such as NetSuite and QuickBooks Online.
Founded in 2012 and headquartered in Canada, Procurify recently secured a $50.00M Series C investment on 17 October 2023, with backing from prominent investors such as HarbourVest Partners, Export Development Canada, Information Venture Partners, and Ten Coves Capital. With its innovative approach to spend management, the company is poised to continue its growth trajectory and make a significant impact in the Enterprise Software, Fintech, and SaaS industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $50.00M | 4 | 17 Oct 2023 | |
Series B | $26.00M | 5 | Manulife Financial | 19 Jun 2019 |
Series A | $7.00M | 8 | Tom Williams, Heron Rock Fund +1 | 15 Nov 2016 |
Seed Round | $4.00M | 5 | Steve Johnson, Ryan Holmes +1 | 22 Jul 2015 |
Seed Round | $1.20M | 3 | Mark Cuban, BDC Venture Capital | 16 Apr 2014 |
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