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Procurify Revenue & Funding (2024)

Procurify generated an estimated $55M in annual revenue in 2024. Source: GetLatka estimate

Procurify is a cloud-based procurement and spend management platform that helps businesses streamline their purchasing process, track their spending, and gain visibility into their company's finances. The platform offers features such as purchase order creation and approval workflows, invoice management, and real-time spending insights. Procurify aims to empower businesses to make informed purchasing decisions and optimize their procurement processes to save time and money.

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Procurify Revenue

In 2024, Procurify's revenue reached $55M. The company previously reported $42M in 2023. Since its launch in 2013, Procurify has shown consistent revenue growth.

Procurify Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$12.5M$25M$37.5M$50M$62.5M2013201520172019202120232024$0$958.4K$42M$55MSource: GetLatka.com
YearMilestoneSource
2024Procurify Hit $55m revenue in October 2024Estimated
2023Procurify Hit $42m revenue in December 2023Estimated
2019Procurify Hit $958.4k revenue in June 2019Not recorded
2013Launched with $0 revenue

Procurify Valuation, Funding Rounds

Procurify has not publicly disclosed its valuation. The company has raised $83M in total funding to date.

Procurify has raised $83M in total funding across 3 rounds, most recently a $50M Series C round in 2023.

Procurify Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$20M$0.4$40M$0.6$60M$0.8$80M$1$100M201320152017201920212023Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2023Series C$50M--Not recorded
2019Series B$26M--Not recorded
2016Series A$7M--Not recorded

Procurify Employees & Team Size

Procurify employs approximately 180 people as of 2026.

Procurify Team GrowthReported headcount over time050100150200250201320152017201920212023202400180180Source: GetLatka.com
YearMilestoneSource
2024Reached 180 employees (December 2024)Not recorded
2024Reached 180 employees (October 2024)Not recorded
2023Reached 180 employees (December 2023)Not recorded
2023Reached 183 employees (July 2023)Not recorded
2022Reached 193 employees (December 2022)Not recorded
2021Reached 142 employees (December 2021)Not recorded
2019Reached 53 employees (June 2019)Not recorded

Frequently Asked Questions about Procurify

What is Procurify's revenue?

As of 2024, Procurify generated an estimated $55M in annual revenue.

Who founded Procurify?

Procurify was founded by Aman Mann.

When was Procurify founded?

Procurify was founded in 2013.

Who is the CEO of Procurify?

The CEO of Procurify is Aman Mann.

How much funding does Procurify have?

Procurify raised $83M across 3 rounds.

How many employees does Procurify have?

As of 2024, Procurify had 180 employees.

Where is Procurify headquartered?

Procurify is headquartered in Vancouver, British Columbia, Canada.

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Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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