About Procurify
Procurify is a company based in Vancouver (Canada) founded in 2012 by Aman Mann, Kenneth Loi, and Eugene Dong. Procurify has raised $82.49 million across 9 funding rounds from investors including Canadian Imperial Bank of Commerce, Manulife and HarbourVest Partners. Procurify offers products and services including Procure-to-Pay Software, AP Automation, and Expense Management. Procurify operates in a competitive market with competitors including Tipalti, Sage Group, Coupa, MineralTree and Airbase, among others.
- Headquarter Vancouver, Canada
- Founders Aman Mann, Kenneth Loi, Eugene Dong
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Procurify Technologies Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$82.49 M (USD)
in 9 rounds
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Latest Funding Round
$20 M (USD), Debt – Venture
Nov 04, 2024
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Investors
Canadian Imperial Bank of Commerce
& 17 more
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Employee Count
Not available
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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.
People of Procurify
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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.
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.
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Fintech startups are funded by this venture capital firm.
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Venture capital firm focused on fintech & enterprise SaaS sectors
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Private market investment solutions are offered to institutional clients.
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Investor details for Procurify
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Investments & Acquisitions by Procurify
Investment portfolio details for Procurify
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - Procurify
Detailed financials for Procurify
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Procurify Comparisons
Peer comparison for Procurify
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Competitors of Procurify
Procurify operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tipalti, Sage Group, Coupa, MineralTree and Airbase, among others.
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Cloud-based procurement and invoice management solutions are offered to businesses.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud-based end-to-end spend management software is delivered for businesses.
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Cloud-based accounts payable automation is delivered for businesses.
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Procure-to-pay management software is offered for business operations.
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Corporate cards and expense management are offered to businesses.
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Detailed competitors of Procurify
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Latest news on 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's top competitors include Coupa, Sage Group and Airbase.
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.