Procurify secures $4 million investment, brings on Hootsuite CEO Ryan Holmes and CFO Steve Johnson as advisers
By: Ian Hardy
Procurify, an international cloud procurement software firm headquartered in Vancouver, announced it’s received $4 million investment from Nexus Venture Partners, Point Nine Capital, and BDC. The company will use the funds to expand its product offering and sales and marketing efforts.
With this news also brings forth Hootsuite CEO Ryan Holmes and CFO Steve Johnson as new advisors to the Procurify team.
Jishnu Bhattacharjee, managing director at Nexus Venture Partners said, “Procurify is re-imagining enterprise spend management for the mobile era. Their elegantly simple solution is being adopted at a rapid pace by companies across the world. We are thrilled to be partnering with the Procurify team to help build a great company.”