Nexus Venture Partners leads $4 mn investment in Canadian start-up Procurify
By: T E Narasimhan
Nexus Venture Partners, one of the leading Indian VC firm, along with Point Nine Capital and the Business Development Bank of Canada invested $4 million in Canadian SaaS startup Procurify. The company will use this funding 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.
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.”