Procurify Overview
- Year Founded
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2012

- Status
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Private
- Employees
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180

- Latest Deal Type
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General Corporate Purpose
- Latest Deal Amount
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$20M
- Investors
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25
Procurify General Information
Description
Developer of a cloud-based procurement platform designed to manage company spending. The company's platform helps to manage both direct and indirect company spending while providing complete control and visibility of where company money is going and accountability for your entire organization, enabling businesses to access centralized purchasing management, custom approvals, budget controls, and insights to help fuel business growth.
Contact Information
Website
www.procurify.comCorporate Office
- RPO West Pender
- PO Box 28190
- Vancouver, British Columbia V6C 3T7
- Canada
Corporate Office
- RPO West Pender
- PO Box 28190
- Vancouver, British Columbia V6C 3T7
- Canada
Procurify Timeline
Procurify Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
14. General Corporate Purpose | 31-Oct-2024 | $20M | Completed | |||
13. Debt - General | 30-Oct-2024 | Completed | Generating Revenue | |||
12. Later Stage VC (Series C) | 17-Oct-2023 | Completed | Generating Revenue | |||
11. Debt - General | 01-Sep-2022 | Completed | Generating Revenue | |||
10. Secondary Transaction - Private | 20-Apr-2022 | Completed | Generating Revenue | |||
9. Later Stage VC (Series B) | 20-Jun-2019 | Completed | Generating Revenue | |||
8. Early Stage VC (Series A) | 02-Dec-2016 | Completed | Generating Revenue | |||
7. Seed Round | 22-Jul-2015 | Completed | Generating Revenue | |||
6. Seed Round | 16-Apr-2014 | $1.2M | $1.77M | Completed | Startup | |
5. Seed Round | 01-Mar-2013 | $150K | $575K | Completed | Startup |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Procurify Comparisons
Industry
Financing
Details
Procurify Competitors (50)
One of Procurify’s 50 competitors is Coupa, a Private Equity-Backed company based in Foster City, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Coupa | Private Equity-Backed | Foster City, CA | ||||
Sourcing Force | Corporation | Roubaix, France | ||||
Tradogram | Corporation | Ottawa, Canada | ||||
Ivalua | Private Equity-Backed | Redwood City, CA | ||||
Nextprocess | Corporation | Dallas, TX |
Procurify Signals
Procurify Investors (25)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
EDC Investments | Corporate Venture Capital | Minority | ||
Ten Coves Capital | Growth/Expansion | Minority | ||
Teralys Capital | Fund of Funds | Minority | ||
HarbourVest Partners | Asset Manager | Minority | ||
Information Venture Partners | Venture Capital | Minority |
Procurify Acquisitions (1)
Procurify’s most recent deal was a Merger/Acquisition with Procurify Exchange. The deal was made on 29-Mar-2018.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Procurify Exchange | 29-Mar-2018 | Merger/Acquisition | Social/Platform Software |
Procurify FAQs
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When was Procurify founded?
Procurify was founded in 2012.
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Where is Procurify headquartered?
Procurify is headquartered in Vancouver, Canada.
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What is the size of Procurify?
Procurify has 180 total employees.
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What industry is Procurify in?
Procurify’s primary industry is Business/Productivity Software.
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Is Procurify a private or public company?
Procurify is a Private company.
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What is Procurify’s current revenue?
The current revenue for Procurify is
. -
How much funding has Procurify raised over time?
Procurify has raised $103M.
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Who are Procurify’s investors?
EDC Investments, Ten Coves Capital, Teralys Capital, HarbourVest Partners, and Information Venture Partners are 5 of 25 investors who have invested in Procurify.
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Who are Procurify’s competitors?
Coupa, Sourcing Force, Tradogram, Ivalua, and Nextprocess are some of the 50 competitors of Procurify.
Data Transparency
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