Procurify closes USD$4M seed investment from BDC, Nexus Venture Partners, Point Nine Capital
By: CVCA News
Procurify, a software as a service (SaaS) startup offering purchasing software to small- and medium-sized businesses worldwide, secured USD$4 million in seed funding from Point Nine Capital, Nexus Venture Partners and the Business Development Bank of Canada (BDC).
Hootsuite CEO Ryan Holmes and chief revenue officer Steve Johnson also participated in the investment round, and will become advisors of the Procurify team. Holmes was named Entrepreneur of the Year at the CVCA conference in Vancouver this past May.