About Procurify
Procurify is a Technology company based in Vancouver (Canada) founded in 2012 by Aman Mann, Kenneth Loi, and Eugene Dong. SaaS spend management software is used to automate procure-to-pay operations. Procurify has raised $82.49 million across 9 funding rounds from investors including Canadian Imperial Bank of Commerce, Manulife and HarbourVest Partners. Its website procurify.com draws about 147 thousand monthly visits. Procurify offers products and services including Procure-to-Pay Software, AP Automation, and Expense Management. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Suite. Its legal entity is Procurify Technologies Inc.
Company details
Procurify was founded in 2012 in Vancouver, Canada, as a provider of SaaS-based spend management solutions in the procurement sector. Procure-to-pay operations are automated and streamlined through the platform, which tracks spending and enhances visibility across processes. Key features include approval workflows, real-time budget monitoring, expense handling, vendor oversight, spend analytics, and reporting tools. An Android application is offered for mobile access.
- Total Equity Funding$82.49M (USD)
in 9 rounds
- Latest Funding Round$20M (USD), Debt – Venture
Nov 2024
- InvestorsCanadian Imperial Bank of Commerce
& 17 more
Products & Services of Procurify
Procurify offers a comprehensive portfolio of products and services, including Procure-to-Pay Software, AP Automation, and Expense Management.
Automates purchasing from requests to payments for better spend control.
Handles invoice capture and payments to reduce errors and speed processes.
Manages business expenses and reports for real-time financial visibility.
Apps and channels of Procurify
Procurify publishes 2 mobile apps with over 10K+ downloads; its YouTube channel Procurify has 1.18M subscribers and 15 videos.
Videos from Procurify
The most watched videos on Procurify's YouTube channel, Procurify (1.18M subscribers). Click a video to play it here.
More on Procurify.
Funding Insights of Procurify
Procurify has successfully raised a total of $82.49M across 9 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $20 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $82.49M
- Total Rounds 9
- Last Round Debt – Venture — $20M
- Investors Count 18
All 9 funding rounds of Procurify with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $20M | Debt – Venture | – | – | |
| Oct 2023 | $50M | Series C | – | Ten Coves Capital | |
| Jun 2022 | Debt – Venture | – | – | ||
| Jun 2019 | $20M | Series B | – | Information Venture Partners | |
| Nov 2016 | $7M | Series A | – | Runa Capital | |
| Jul 2015 | $4M | Seed | – | – | |
| Apr 2014 | $1.09M | Seed | – | BDC, Nexus Venture Partners | |
| Feb 2013 | $395,402 | Angel Round | – | Mark Cuban | – |
| Nov 2012 | Seed | – | GrowLab | – |
18 investors in total: 14 institutional and 4 angel.
Investors in Procurify
Procurify has secured backing from 18 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Manulife and HarbourVest Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fintech startups are funded by this venture capital firm. | tencoves.com | Darien, United States | ||
Venture capital firm focused on fintech & enterprise SaaS sectors | informationvp.com | Toronto, Canada | ||
Private market investment solutions are offered to institutional clients. | 1982 | harbourvest.com | Boston, United States | |
Venture debt firm | espressocapital.com | Toronto, Canada | ||
Early-stage tech startups are invested in by Runa Capital. | runacap.com | Luxembourg, Luxembourg | ||
Multiple sectors are invested in by the private equity firm. | 1996 | kcpl.ca | Toronto, Canada | |
Venture capital firm that partners with entrepreneurs for product-first companies. | 2006 | nexusvp.com | Menlo Park, United States | |
Investments in venture capital, private equity, and real estate are conducted by Hedgewood using its own capital. | hedgewood.com | |||
Venture capital investments are directed toward marketplace and SaaS companies. | pointnine.com | Berlin, Germany | ||
| growlab.ca |
Investor details for Procurify
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Procurify
62 people are tracked at Procurify (17 in leadership, 45 in team).
| Name | Role | Group |
|---|---|---|
Aman Mann | Co-Founder & CSO | Leadership |
Kenneth Loi | Co-Founder | Leadership |
Eugene Dong | Co-Founder | Leadership |
Jonathan Su | Chief Product & Technology Officer | Leadership |
Jeffrey Hardy | Chief Revenue Officer | Leadership |
Bróna O'Connor | Chief Marketing Officer | Leadership |
Seth Schneider | Vice President Of Sales | Leadership |
Amy Wang | Chief Financial Officer | Leadership |
Matteo Perretta | Senior Director GTM Enablement | Leadership |
Myra Ayre, CPA, CA | Director of Finance | Leadership |
Nikki Thiessen | Head Of Sales And Business Development | Leadership |
Neil Power | Senior Director Of Engineering | Leadership |
Julian Hannabuss | Director, Revenue Operations | Leadership |
Alissa Roberts | Director, Fp&a | Leadership |
Josh Cronk | Director, Product Marketing | Leadership |
Kevin Kimoto | Director GTM Engineering | Leadership |
Evgenia Vereshchak | Director Of Revenue Operations | Leadership |
Justin Gerolami | Staff Data Engineer | Team |
Peter Z. | Senior Business Development Representative | Team |
Aoife Keaney | Solutions Consultant | Team |
42 more people are available in the full profile.
Complete people profiles for Procurify
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Procurify
3 dated milestones of Procurify across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Procurify is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Venture, of $20.0M.
Web traffic of Procurify
The website of Procurify (procurify.com) receives about 147.3K visits a month and ranks #195,444 among all websites worldwide, #5,364 in Business Services.
- Monthly visits147.3K
▲ 8.6% vs previous month
- Unique visitors40.1K
per month
- Global rank#195,444
among all websites
- Category rank#5,364
Business and Consumer Services · Business Services
- Bounce rate35%
- Pages per visit7.6
- Average visit4 min 55 sec
- DevicesDesktop 71% · Mobile 29%
Websites whose visitors overlap most with Procurify. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
purchasecontrol.com | purchasecontrol.com | 100% | #2,709,275 | – | |
precoro.com | precoro.com | 80% | #305,622 | – | |
| fraxion.biz | 78% | 8.6K | #2,571,505 | View details | |
| proactis.com | 78% | 20.9K | #1,039,696 | View details | |
| ivalua.com | 77% | 289.3K | #112,641 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 32 similar websites and full traffic analytics for Procurify
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 32 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Procurify
Complete news archive for Procurify
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Frequently Asked Questions about Procurify
Procurify was founded in 2012.
Procurify is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Procurify is a funded company, having raised a total of $82.49M across 9 funding rounds to date.
Procurify was founded in 2012 in Vancouver, Canada, as a provider of SaaS-based spend management solutions in the procurement sector. Procure-to-pay operations are automated and streamlined through the platform, which tracks spending and enhances visibility across processes. Key features include approval workflows, real-time budget monitoring, expense handling, vendor oversight, spend analytics, and reporting tools. An Android application is offered for mobile access.
Procurify offers Procure-to-Pay Software, AP Automation, and Expense Management.
Procurify has 18 investors. Key investors include Canadian Imperial Bank of Commerce, Manulife, HarbourVest Partners, Nexus Venture Partners, and BDC.
Procurify operates through Procurify Technologies Inc..
Yes. Procurify publishes Procurify and 1 more app, with over 10,000 downloads.
The website of Procurify receives about 147 thousand visits a month and ranks #195,444 among all websites worldwide.