"We are so grateful to embrace the next stage of Procurify, and to have some of the top investors and leaders in US and Canada believe and support our mission of reinventing the way organizations spend, to transform the Spend Cultures of businesses around the world for the better."
"The way organizations are managing their spend has evolved and changed throughout the years, and the landscape of business tools need to keep up with that evolution," said Procurify Cofounder and CEO, Aman Mann. The fresh company has a mission to transform the way procurement is facilitated in the digital age. Vancouver based startup, Procurify has a good pedigree of people at the helm with a Vice President of product and Senior Vice President of Engineering formerly of Clio and Hootsuite respectively. When Information Venture Partners took the responsibility for leading the series B funding for a brand-new digital procurement platform, Manulife was keen to get involved, knowing it could make good use of such a platform.Īt the close of funding, Procurify had received $20 million, bringing its funding total almost $30 million. This is the situation multinational insurance and financial service provider Manulife found itself in. Intelligent brands know that helping to drive this new technology forwards is the responsibility of all and that they sometimes need to put their money where their mouth is and invest in the startups bringing it into being. Digital technology is helping industries all over the globe work in more streamlined, efficient, and effective ways.
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