Canadian SaaS Startup Procurify Raises Around $4M in Seed Round from Nexus, Others – vc Circle

0

Canadian SaaS startup Procurify raises around $4M in seed round from Nexus, others

By: Anuradha Verma

Article originally published on July 23, 2015

Procurify expects to process over half a billion dollars of purchase orders on its platform this year.

Canada-based Software-as-a-Service (SaaS) startup Eka Innovations Inc that operates under the Procurify brand has secured $4 million in seed investment from Nexus Venture Partners, Point Nine Capital and the Business Development Bank of Canada, according to a press release.

The startup, which offers purchasing software to small- and medium-sized businesses worldwide, will use the funds to fuel its continued growth in the multi-billion dollar cloud and mobile enterprise software market with further investment into sales, marketing and product development.

Share.

About Author

Brittany Whitmore

Brittany is highly passionate, energetic and always learning. She believes in the power of creativity and innovation and initially dove into entrepreneurship running a successful marketing company. She currently handles communications and community management for Procurify, and also supports her community through mentoring, volunteering and community events. Brittany's motto: go big or go home!

Leave a Reply