Jishnu Bhattacharjee, managing director at Nexus Venture Partners said, 'Procurify is re-imagining enterprise spend management for the mobile era. Procurify is positioned to become the market-leading SaaS platform for purchasing and is doing for that industry what did for customer relationship management (CRM) and Zendesk did for customer service.' Janz said, 'We know and love the SaaS space.

Sue Yoon, VP of finance at AltSchool, a Procurify client, said: 'Since implementing Procurify, 50% of all purchasing is becoming standardized, saving our educators an hour per week of their time … In addition, all teacher procurement came in this past school year under budget.'Ĭhristoph Janz, managing partner at Point Nine Capital has been involved in early stage investments with successful startups such as Zendesk, Clio and Geckoboard. Procurify saves companies time and money via its mobile and cloud-based purchasing platform used to manage company spending while providing complete control and visibility of where company money is going in real-time, using easy to generate reports. Procurify will use this funding to further investment into sales, marketing and product development. Ryan Holmes and Steve Johnson, CEO and chief revenue officer of Hootsuite, a leading social media management platform and a Procurify client, are joining this investment round and becoming advisors of the Procurify team.

VANCOUVER, British Columbia, J/PRNewswire/ - Procurify, a software as a service (SaaS) startup offering purchasing software to small- and medium-sized businesses, is announcing the closing of US $4 million in seed funding from Point Nine Capital, Nexus Venture Partners and the Business Development Bank of Canada (BDC).

Procurify funding