Procurify
 | |
| Private | |
| Industry | Enterprise Software |
| Founded | British Columbia, 2012 |
| Founder |
Aman Mann, Kenneth Loi, Eugene Dong |
| Headquarters | Richmond, British Columbia |
| Website |
www |
Procurify is a cloud-based procurement software company located in Richmond, British Columbia, Canada. Procurify's fully featured, cloud-based procurement software solution can be used to manage both direct and indirect company spending, while providing control and visibility of company money in real-time, using simple-to-generate reports and analytics.
Technology
Procurify's cloud based procurement software solution helps companies manage their internal procurement process. The solution helps organizations streamline their internal purchasing process while reducing the dependency on paperwork. Procurify is hosted on the Google App Engine and is built using Django. The solution is available as a SaaS at a per user per month cost.
Company history
The company founders are British Columbia Institute of Technology alumni who graduated together in Operations Management in 2011.[1]
The idea for Procurify came from a BCIT class project where the founders Aman Mann - CEO, Eugene Dong - CTO, and Kenneth Loi - COO were randomly placed together to consult a Vancouver based business on their internal processes.
In November 2012, they joined the Growlab Accelerator program.[2] In February 2013, Procurify graduated from Vancouver based incubator program GrowLab.[3] In April 2014, Procurify raised a total of 1.2 Million seed round from venture capitalists Nexus Ventures, BDC and Mark Cuban.[4]
Community initiatives
In Spring of 2014, Procurify created two scholarship programs to foster community involvement in business technology and diversity within technology.[5] CEO, Aman Mann stated that "The supply chain of the future needs to have sustainability and innovation at its core. We are excited to support the community in a way that can spark passion and innovation in youth, and what better way than to offer it to those that show it through execution."
Procurify hosted the first ever Start-up Scrums on June 10, 2014. The event was host to numerous Vancouver companies including Gowlings, Tangoo, and Colliers International.
Awards
References
- ↑ NBA owner invests with BCIT alumni
- ↑ GrowLab Announces its Five Winter 2012 Cohort Companies
- ↑ GrowLab Companies on GlobalBC and ShawTV!
- ↑ Thomas, Knowlton. "Vancouver's Procurify Raises $1.2 Million Seed Round from BDC, Mark Cuban". TechVibes. Retrieved 1 May 2014.
- ↑ Procurify Announces Scholarship Programs for Supply Chain Sustainability and Women in Technology
- Bellamy, Andrea. "NBA owner invests with BCIT alumni", BCIT Update, Vancouver, 1 August 2013. Retrieved on 2 March 2014.
- Hambali, Anastasia. "GrowLab Companies on GlobalBC and ShawTV!", GrowLab, Vancouver, 30 March 2013. Retrieved on 2 March 2014.
- Loi, Kenneth. "How we got Mark Cuban to invest in our company", The Globe and Mail, 1 August 2013. Retrieved on 3 March 2014.
- Techvibes Newsdesk. "GrowLab Announces its Five Winter 2012 Cohort Companies", TechVibes, 20 November 2012. Retrieved on 3 March 2014.
- Lewis, Rob. "BDC Venture Capital Invests in All Four GrowLab Graduates", TechVibes, 1 March 2013. Retrieved on 2 March 2014.
- Koetsier, John. "Procurify is securing a $400K Mark Cuban investment even before graduating from GrowLab", VentureBeat, 20 February 2013. Retrieved on 4 March 2014.
- DiversityCanada. "Procurify Announces Scholarship Programs for Supply Chain Sustainability and Women in Technology", DiversityCanada, Retrieved on 24 June 2014.