Procurify Technologies Inc.

Procurify in its $26 million Series B financing

Client

Procurify Technologies Inc.

Value

$26 million

Service

Emerging and High Growth Companies

Date Closed

June 2019

Industry

Venture Capital

Lead Office

Toronto


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).


Team
Chad Bayne
Key Contact

Chad Bayne

Partner, Emerging and High Growth Companies

Justin D. Young

Justin D. Young

Partner, Emerging and High Growth Companies

Manveer S. Bisla

Manveer S. Bisla

Associate, Emerging and High Growth Companies

Adam has completed his second year in the J.D. Program at the University of Victoria.

Adam Bosma

Associate, Corporate and Banking & Financial Services