Procurify news11/10/2023 ![]() Procurify CEO and co-founder Aman Mann said the growth came as a result of, ?larger deal sizes,and an increase in enterprise clients including Berkshire Hathaway, Bangkok Life Insurance and OLX. Procurify platform offers features such as mobile and cloud-based budget management, fraud detection and real time spending tracking.įounded in 2012 the company announced in April this year that it saw a 250% increase in net new revenue and a 500% increase in new revenue from existing clients in the first quarter. The Vancouver-based firm software is designed to help companies manage direct and indirect spending and streamline their purchasing processes. The investment was led by Runa Capital and also saw participation form Point Nine Capital, Nexus Venture Partners and the Business Development Bank of Canada. Procurify has raised $7m in a Series A round of funding to grow its procurement platform.
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