# Procurify funding: rounds and investors

> Procurify has raised $46M across 5 rounds since 2012. Investors include BDC Capital, Nexus Venture Partners and Mark Cuban. Every round with its source.

Source: https://millionrounds.com/company/procurify (Millionrounds; every figure on the page links to its filing or article)

Canada · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Procurify*

5 rounds we have observed, with the 15 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cloud Fintech

Funding summary Updated 26 Oct 2026

**$46M** raised across 5 rounds since 2012, from 5 sources

**$400K** Seed **$1.2M** Seed **$4.0M** Seed **$20M** Series B **$20M** Venture

- **Latest round:** Venture, $20M Oct 2024
- **Investors:** 15 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2016 2018 2020 2022 2024

**$400K** Seed

**$1.2M** Seed

**$4.0M** Seed

**$20M** Series B

**$20M** Venture

- **First round:** Seed, $400K
- **Biggest round:** $20M
- **Usual gap between rounds:** 3.9 years

## The rounds

- **Oct 2024** Venture **$20M** *2 new* *3 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) Source recorded
- **Jun 2019** Series B **$20M** *5 new* [Information Venture Partners](https://millionrounds.com/fund/information-venture-partners) Lead [Runa Capital](https://millionrounds.com/fund/runa-capital) [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) [Manulife Ventures](https://millionrounds.com/fund/manulife-ventures) BC Tech Fund Reported by FinSMEs
- **Jul 2015** Seed **$4.0M** *3 new* *2 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) [Ryan Holmes](https://millionrounds.com/fund/ryan-holmes) Steve Johnson From a historical funding record
- **Apr 2014** Seed **$1.2M** *1 new* *2 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Mark Cuban](https://millionrounds.com/fund/mark-cuban) From a historical funding record
- **Nov 2012** Seed **$400K** *4 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Mark Cuban](https://millionrounds.com/fund/mark-cuban) [HIGHLINEvc](https://millionrounds.com/fund/extreme-startups-now-highline-vc) [Growlab Ventures](https://millionrounds.com/fund/growlab-ventures) Reported by growlab.ca

## Founders and team

From Procurify's own website: 13 on the team.

- **Chad Gaydos** Chief Executive Officer
- **Michael Motes** Vice President of Finance
- **Amy Wang** Chief Financial Officer
- **Brona O'Connor** Chief Marketing Officer
- **Jeffrey Hardy** Chief Revenue Officer
- **Jonathan Su** Chief Product & Technology Officer
- **Lauren Harcott** VP, Customer Experience
- **Rob McGarry** VP, Partnerships
- **Tyson Matheson** VP, People & Culture
- **Neil Power** Senior Director of Engineering
- **Rob Antoniades** Chair & Board Director
- **Steve Lula** Board Director
- **Zia Mansoor** Board Director

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2012 **Seed** 2014 **Seed** 2015 **Series B** 2019 **Venture** 2024 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Mark Cuban](https://millionrounds.com/fund/mark-cuban) [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) [Information Venture Partners](https://millionrounds.com/fund/information-venture-partners) L [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) [Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) [Export Development Canada](https://millionrounds.com/fund/export-development-canada) [Runa Capital](https://millionrounds.com/fund/runa-capital) [HIGHLINEvc](https://millionrounds.com/fund/extreme-startups-now-highline-vc)

## Everyone who backed them

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **4** rounds

[Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) VC firm **3** rounds

[Mark Cuban](https://millionrounds.com/fund/mark-cuban) Angel **2** rounds

[HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) Fund of funds **2** rounds

[Information Venture Partners](https://millionrounds.com/fund/information-venture-partners) VC firm **1** round, led 1

[U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) VC firm **1** round

[Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) VC firm **1** round

[Export Development Canada](https://millionrounds.com/fund/export-development-canada) Government **1** round

[Runa Capital](https://millionrounds.com/fund/runa-capital) VC firm **1** round

[HIGHLINEvc](https://millionrounds.com/fund/extreme-startups-now-highline-vc) VC firm **1** round

[Growlab Ventures](https://millionrounds.com/fund/growlab-ventures) Accelerator **1** round

[Ryan Holmes](https://millionrounds.com/fund/ryan-holmes) VC firm **1** round

[Manulife Ventures](https://millionrounds.com/fund/manulife-ventures) Growth equity **1** round

BC Tech Fund no record of our own yet **1** round

Steve Johnson no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=procurify).

## Quick answers about Procurify

### Who invested in Procurify?

Procurify's investors include BDC Capital, Nexus Venture Partners, Mark Cuban, HarbourVest Partners and Information Venture Partners, and 10 more on record.

### How much has Procurify raised?

Procurify has raised $46M across 5 rounds since 2012.

### When did Procurify last raise?

Procurify's most recent round was a Venture of $20M in Oct 2024.

### What was Procurify's biggest round?

Its most recent round, $20M in Oct 2024, is also its largest on record.

### Who backed Procurify first?

Procurify's first round on record, in Nov 2012, was backed by BDC Capital, Mark Cuban and HIGHLINEvc and 1 others.

### What stage is Procurify at?

Procurify's latest named round is a Venture, in Oct 2024.

### Where is Procurify based?

Procurify is based in Canada.

### Who led Procurify's rounds?

Information Venture Partners led the Series B in 2019.

## Companies like Procurify

In the same sector, and raised in the last eighteen months.

[**Neo Financial** $182M · Oct 2026](https://millionrounds.com/company/neo-financial)[**Micrologic** $32M · Sept 2026](https://millionrounds.com/company/micrologic)[**Timia Capital** Aug 2026](https://millionrounds.com/company/timia-capital)[**Helcim** $59M · Aug 2026](https://millionrounds.com/company/helcim)[**Clearco** $200M · Aug 2026](https://millionrounds.com/company/clearco)[**Nesto** $302M · Jun 2026](https://millionrounds.com/company/nesto)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
