Procurify’s marketing team was under more pressure than ever to keep their growth going-even accelerate it. As of 2019, the spend management company has raised over $30 million in funding, counts Mark Cuban and Ryan Holmes among its investors, and is one of the most exciting tech startups in the city.īut as with any SaaS investment, the influx of capital came with a catch. The co-founders of Vancouver-based Procurify-Aman Mann, Eugene Dong, and Kenneth Loi-made that dream a reality. You’ve turned that original idea into a fast-growing SaaS platform serving hundreds of customers. Before long, you’re closing your Series A, then your Series B. You spend that money hiring and building out the software. You pitch at a local startup event, which lands you in a growth accelerator, which also leads to your first seed funding. You and a couple of friends have an idea for a product that fits a clear gap in the market. It’s the kind of mega-growth story anyone starting a software-as-a-service (SaaS) company dreams about.
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