We are just at the beginning stages of scaling SaaS in the business world and Procurify is on track to lead the transformation,” Procurify co-founder and CEO Aman Mann said in a company statement. They are providing Procurify with the expertise and knowledge to help grow the company into a world class organization, dedicated to our mission to create solutions that help unlock the potential of every individual. “We are excited to be working with investors that have such experience backing successful cloud-technology companies. The company also noted that Hootsuite CEO Ryan Holmes and Hootsuite CRO Steve Johnson joined the investment round and will act as advisors to the Procurify team. The investors who participated in the funding round included Point Nine Capital, Nexus Venture Partners and the Business Development Bank of Canada. The new capital will be used to expand Procurify’s cloud-based software as a service (SaaS) purchasing platform as well as accelerate sales, marketing and product development. Procurify - a procurement startup which aims to make purchasing more effective and efficient for small- to medium-sized businesses through its purchasing management solution - announced the closing of $4 million in seed funding Wednesday (July 22).