Procurify

Procurify’s Intelligent Spend Management platform provides real-time visibility and control over all business spend.

General Information
Company Name
Procurify
Founded Year
2013
Location (Offices)
Canada +1
Founders / Decision Makers
Number of Employees
178
Industries
Computing, Enterprise Software, Fintech +2
Funding Stage
Series C
Social Media

Procurify - Company Profile

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.

Taxonomy: Spend Management, Procurement, Cloud-based Software, Business Spend Control, ERP Integration, Purchasing Management, Budget Control, AP Automation, Real-time Reporting, Procure-to-Pay, Organizational Spend, Business Growth, Purchasing Processes, Visibility and Control, Data Integration

Funding Rounds & Investors of Procurify (6)

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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

View All 6 Funding Rounds

Latest News of Procurify

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No recent news or press coverage available for Procurify.

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