On June 20, 2019, Procurify Technologies Inc. completed its $26 million Series B financing round, led by Toronto-based Information Venture Partners and included BC Tech Fund managed by Kensington Capital, HarbourVest Partners, Manulife and Runa Capital.
Procurify is a spend management software solution for businesses based in Vancouver. Procurify’s goal is to help organizations “reinvent” the way they spend money. Its products consist of including purchasing workflows, real-time budget tracking, spend analytics, expense management, customizable approvals, as well as mobile request, approve, receive services.
Osler, Hoskin & Harcourt LLP advised Procurify Technologies Inc. with a team consisting of Chad Bayne, Justin Young and Manveer Bisla (Emerging & High Growth Companies) and Adam Bosma (Corporate).