What is ProcedureFlow?
Launched in 2015 and headquartered in Saint John, New Brunswick, ProcedureFlow is a product of Gemba Software Solutions. The platform's core function is to generate user-friendly operating procedures, thereby enhancing efficiency and reducing operational expenditures. Its applicability spans diverse industries, demonstrating its versatility and broad market appeal. The company's focus on process improvement and cost reduction positions it as a valuable asset for organizations seeking to streamline their operations and enhance employee training.
How much funding has ProcedureFlow raised?
ProcedureFlow has raised a total of $11.8M across 1 funding round:
Unspecified
$11.8M
Unspecified (2022): $11.8M with participation from Sandpiper Ventures, New Brunswick Innovation Foundation, Innovatia, Canadian Business Growth Fund, BDC, and Build Ventures
Key Investors in ProcedureFlow
Sandpiper Ventures
Sandpiper Ventures is an early-stage venture capital fund focused on empowering women investors and founders to disrupt the traditional venture capital landscape. The firm specializes in identifying high-performing, tech-enabled companies that are often overlooked due to their position outside legacy networks.
New Brunswick Innovation Foundation
The New Brunswick Innovation Foundation (NBIF) is dedicated to supporting and empowering entrepreneurs in New Brunswick by investing in early-stage startups and partnering with other investors to build venture capital. They focus on innovative technologies, particularly those addressing climate change.
Innovatia
Innovatia is a Knowledge Management company focusing on helping businesses effectively capture, organize, store, retrieve, and distribute relevant content. The company facilitate the creation, sharing, management, and utilization of knowledge-based assets to enable decision-making.
What's next for ProcedureFlow?
With the recent major strategic investment, ProcedureFlow is poised for accelerated growth and market penetration. This substantial backing, part of its overall $11.8M in financing, suggests a strategic focus on scaling operations, enhancing product development, and potentially expanding into new markets or industry verticals. The company's trajectory indicates a move towards solidifying its position as a leader in operational procedure software, leveraging this capital to drive innovation and capture greater market share. Future developments will likely involve further integration of advanced features and broader adoption by enterprise clients.
See full ProcedureFlow company page
