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Procurify logo — Procurify’s Intelligent Spend Management platform provides r...

Procurify

Procurify’s Intelligent Spend Management platform provides real-time visibility and control over all business spend.

Founded 2013 Canada Canada 178 employees Series C Total: $88.20M Computing, Enterprise Software +3

General Information

Company Name Procurify
Founded Year 2013
Location Canada Canada
Employees 178
Industries Computing, Enterprise Software, Fintech +2
Funding Stage Series C
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Tiered Pricing, Usage Based
Hiring 4 roles posted in the month to 21 Sep 2026
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Homepage Update

Significant changes detected on company website (70.9% content change).

Actively Hiring Sep 16, 2026

Hiring for 5 positions in the last 30 days.

Get alerts when Procurify shows new signals

AI Insight

Bounce Watch AI
1 week ago

Procurify is demonstrating a period of active strategic evolution, marked by a substantial 70.91% update to its website. This significant digital refresh, coupled with ongoing hiring for 5 new positions, suggests an imminent launch of enhanced product features, a strategic market repositioning, or a broader expansion of its Intelligent Spend Management platform to seize new opportunities.

Signal Types
Product Update Hiring Strategic Repositioning
Strategic Labels
Product Enhancement Market Repositioning Growth Initiatives
Next Move: Product Launch
·
Impact: 8/10
·
Ideal For: Late-stage B2B SaaS Investors - Spend Management

About Procurify

Procurify, founded in 2013, is a Canadian startup making waves in the Computing, Enterprise Software, Fintech, SaaS, and Supply Chain industries with its Intelligent Spend Management platform. Their solution provides real-time visibility and control over organizational spend, pushing the envelope in spend efficiency and data integration. Empowering businesses with a comprehensive procure-to-pay system, Procurify aids in capturing unified spend data, helping clients save millions in time and costs.

Recognized as the #1 Purchasing Leader by G2, Procurify commands the trust of hundreds of global customers, managing over US$30 billion in spend. The platform's integration with major ERP systems like NetSuite and QuickBooks Online further broadens its appeal.

In October 2023, Procurify secured a $50.00 million Series C investment from notable investors including HarbourVest Partners, Export Development Canada, Information Venture Partners, and Ten Coves Capital, indicating strong market confidence and supporting its growth trajectory.

Taxonomy: Intelligent Spend Management, Procure-to-Pay Solution, Real-time Visibility, Business Spend Control, Purchasing Management, Budget Controls, ERP Integration, Custom Approvals, Centralized Procurement, Spend Data Analysis, Cost Savings, Cloud-based Procurement, Purchasing Workflow Automation, Real-time Spend Reporting, AP Automation

Services & Products

Agentic procurement software
AI for procurement
Invoice-to-pay automation
Purchase-to-receive tracking
Spend insights and analytics

Target Customers

Finance teams Procurement teams IT departments Education sector Technology companies Healthcare organizations Manufacturing industry

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $50.00M 4
HarbourVest Partners Export Development Canada Information Venture Partners
HarbourVest Partners, Export Development Canada +2
17 Oct 2023
Series B $26.00M 5
HarbourVest Partners Information Venture Partners Kensington Capital Partners
HarbourVest Partners, Information Venture Partners +3
19 Jun 2019
Series A $7.00M 8
Point Nine CSC Upshot Nexus Venture Partners
Point Nine, CSC Upshot +6
15 Nov 2016
Seed Round $4.00M 5
Point Nine Nexus Venture Partners
Point Nine, Nexus Venture Partners +3
22 Jul 2015
Seed Round $1.20M 3
Nexus Venture Partners
Nexus Venture Partners, Mark Cuban +1
16 Apr 2014
Pre Seed Round Undisclosed 1
HIGHLINEvc
26 Nov 2012

Procurify Alternatives & Competitors

Procurify vs
penny.
penny. Saudi Arabia

Procurement Solved.

Seed
65 employees
Analytics, Automation
Procurify vs
Eyvo eProcurement Solutions
Eyvo eProcurement Solutions United States

Procurement EYVOlved! (We are hiring!) Robust. Affordable. Flexible.

26 employees
B2B, Enterprise Software
Procurify vs
Cledara
Cledara United States

One place to manage all your software subscriptions

Series A
45 employees
Fintech, SaaS

FAQ About Procurify

Procurify’s Intelligent Spend Management platform provides real-time visibility and control over all business spend.
Procurify was founded in 2013.
Procurify is headquartered in Canada.
Procurify operates in Computing, Enterprise Software, Fintech, SaaS and Supply Chain. Its work centres on Intelligent Spend Management, Procure-to-Pay Solution, Real-time Visibility and Business Spend Control. Its customers include Finance teams, Procurement teams and IT departments.
Procurify has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Tiered Pricing and Usage Based.
Procurify has approximately 178 employees.
Procurify has completed 6 funding rounds, raising a total of $88.20M. The latest funding stage is Series C.
Procurify offers: Agentic procurement software, AI for procurement, Invoice-to-pay automation, Purchase-to-receive tracking, Spend insights and analytics.
Top alternatives and competitors to Procurify include penny., Eyvo eProcurement Solutions, Cledara, Procure Xperts, SoftCo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Procurify and penny. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Procurify, https://bouncewatch.com/company/procurify, updated 21 September 2026. When citing, please name BounceWatch and link this page.

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