Emerging and High Growth Companies

Procurify in its closing of a $68 million Series C financing round

Procurify
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jacques Du Plessis

Partner, Emerging and High Growth Companies, Vancouver

Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Ian Nelson

Associate, Emerging and High Growth Companies, Vancouver

On October 17, 2023, Procurify announced that it closed a $68 million Series C financing round. This all-equity, all-primary round was led by United States-based FinTech investor Ten Coves Capital and included a co-investment from fellow new investor Export Development Canada. The round also saw participation from existing investors including Toronto’s Information Venture Partners and Boston-based HarbourVest Partners.

Procurify operates as an intelligent management software platform.

Osler, Hoskin & Harcourt LLP advised Procurify with a team consisting of Chad Bayne, Jacques Du Plessis, Manveer Bisla, Ian Nelson, and Jeremy Lin (Emerging and High Growth Companies).

Value
$68 million
Date Closed
October 17, 2023
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jacques Du Plessis

Partner, Emerging and High Growth Companies, Vancouver

Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Ian Nelson

Associate, Emerging and High Growth Companies, Vancouver