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Every funding round, exec hire, M&A move, contract, and sentiment shift on Procurify — with verified, ICP-scored contact reveals (email + mobile) on demand.
Trusted by founders, sales teams, recruiters, and investors at firms like BlackRock, Oracle, Kleiner Perkins, and HubSpot.
Procurify raised $20 million in growth capital led by CIBC Innovation Banking to support the development of innovative procurement technologies.
PRIVATEOct 30, 2024•over 1 year ago
Amount Raised
$20 Million
Investors
Cibc Innovation Banking
Description
CIBC Innovation Banking announced it has provided US$20 million in growth capital to Procurify. This funding will support Procurify's mission to enhance organizational spend transparency and efficiency.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech
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