![]() Procurify, similar to tools like Coupa which IPOed last month, promises that its tools will results in significant saving for the organizations that adopt it. In many businesses, after all, the purchasing process is still a manual task. Procurify wants to make the purchasing process inside of organizations more efficient and transform the culture around how employees in these organizations thing about how they spend their company’s’ money. As the company announced today, it has raised a $7 million Series A round led by Runa Capital, with participation from Point Nine Capital, Nexus Venture Partners and the Business Development Bank of Canada, to help it push its vision forward and scale its service up. ![]() Vancouver, Canada-based Procurify wants to take some of the pain out of this process with the help of its online and mobile purchasing and accounts payable platform. There is nothing sexy about procurement but it’s an essential task in the day-to-day life of virtually any business, not-for-profit and school. ![]()
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