Procurify Raises $7M in Series A Funding

Funding Rounds

▤ Summary

Procurify, a Vancouver, Canada-based cloud and mobile procure-to-pay software, raised $7m in a Series A funding.The round was led by Runa Capital with participation from Point Nine Capital, Nexus Venture Partners and Business Development Bank of Canada (BDC).The company intends to use the funds to continue to scale operations.Founded in 2012 Aman Mann, CEO, Eugene Dong, CTO, and Kenneth Loi, CRO, Procurify provides companies with spend management software for teams to make informed decisions and build proactive spend cultures.The company recently added COO Angela Baldonero to the management team.

$ Funding

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Amount $7.0M Total raised
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Date November 15, 2016 Announcement date
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Investors Procurify Lead investors
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Company http://www.procurify.com Funded company

▥ Classifications

industries
No industries detected
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
Procurement Software Spend Management Software Accounts Payable Automation

▦ Linked Companies

Procurify
$10M to $25M