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).