How Much Did ProcedureFlow Raise?
Funding & Key Investors

ProcedureFlow, a prominent software platform specializing in operational procedure management, has successfully secured a major strategic investment. This latest capital injection, totaling $11.8M, underscores the market's confidence in the company's ability to streamline complex workflows. With a cumulative financial backing of $11.8M, the firm is well-positioned to accelerate its enterprise-level growth initiatives and solidify its footprint in the competitive SaaS landscape.

What is ProcedureFlow?

ProcedureFlow
SoftwareContent & Collaboration Software

Launched in 2015 by Gemba Software Solutions, ProcedureFlow provides a sophisticated software platform designed to transform how organizations document and execute operating procedures. By digitizing and simplifying knowledge management, the platform enables enterprises in sectors such as finance, insurance, and utility services to significantly reduce training overhead, mitigate operational costs, and enhance process consistency. Headquartered in Saint John, New Brunswick, the company serves as a critical infrastructure layer for contact centers and large-scale operations, ensuring that institutional knowledge is both accessible and actionable for frontline employees.

How much funding has ProcedureFlow raised?

ProcedureFlow has raised a total of $11.8M across 1 funding round:

2022

Unspecified

$11.8M

Unspecified (2022): $11.8M with participation from New Brunswick Innovation Foundation, Innovatia, Sandpiper Ventures, BDC, Build Ventures, and Canadian Business Growth Fund

Key Investors in ProcedureFlow

New Brunswick Innovation Foundation

The New Brunswick Innovation Foundation is a dedicated investment entity focused on empowering early-stage startups and fostering a robust venture capital ecosystem within the region.

Sandpiper Ventures

Sandpiper Ventures is an early-stage venture capital fund that prioritizes high-performing, tech-enabled companies, with a specific mission to disrupt traditional investment landscapes.

Canadian Business Growth Fund

The Canadian Business Growth Fund provides long-term, minority capital and strategic expertise to privately-owned Canadian businesses to drive expansion and realize growth potential.

What's next for ProcedureFlow?

With this major strategic investment, ProcedureFlow is poised to enter a new phase of market expansion and product development. The capital will likely be deployed to scale the platform's capabilities, potentially integrating advanced analytics or AI-driven process automation to further differentiate its offering. As the company continues to mature, the focus will shift toward deepening its penetration within the North American enterprise market, leveraging its unique position in Atlantic Canada to attract top-tier talent and foster long-term partnerships. The strategic backing from institutional investors suggests a clear trajectory toward sustained operational excellence and increased market share in the business process optimization sector.

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Frequently Asked Questions Regarding ProcedureFlow Financial Insights

What are the most recent funding rounds that ProcedureFlow has completed, and what were the funding rounds?
ProcedureFlow has recently completed 1 funding rounds: Unspecified on Jul 27, 2022.
What is the total amount of funding ProcedureFlow has raised to date?
ProcedureFlow has raised a total of $11.8M in funding to date.
How many funding rounds has ProcedureFlow completed?
ProcedureFlow has completed 1 funding rounds.
How much funding did ProcedureFlow raise in its most recent funding round?
ProcedureFlow raised $11.8M in its most recent funding round.
Who are the lead investors in ProcedureFlow's latest funding round?
The lead investor in ProcedureFlow's latest funding round was New Brunswick Innovation Foundation. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ProcedureFlow's history?
The largest funding round in ProcedureFlow's history was $11.8M.
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