Procurify Gets Funded To The Tune Of $4-Million From Nexus Partners And Others
By: Mahit Huilgol
Canadian software provider startup Procurify has managed to raise $4-Million in seed funding from Nexus Venture Partners, the Indian based venture capital firm. Procurify is a SaaS startup that offers purchasing software to small and medium sized businesses.
The investment round was led by Ryan Holmes and Steve Johnson CEO of the famous social media management software HootSuite. As with any other software startups Procurify will utilize the funds for its purchases and the cloud based purchasing platform. The funding will help the startup to spread its wings across different regions and also develop a strong sales team.