# Proposify

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/proposify

- Industry: Software
- Headquarters: Halifax, Canada
- Website: www.proposify.com
- Total disclosed funding: $4.6M
- Latest round: Series A (Sep 14, 2021)
- Investors on record: 3

## About

Proposify Inc. is a proposal software platform that streamlines the proposal and contract process for businesses, enhancing efficiency and professionalism in sales operations through customizable templates and integrations with various tools.Proposify Inc. is a software company founded in 2012, headquartered in Halifax, Canada. The company specializes in proposal management solutions, helping businesses create, track, and sign documents effectively. Kyle Racki, the founder and current CEO, previously worked in the tech industry and has experience in building software solutions. Proposify has engaged in 3 funding rounds, with the latest being a Series A round in September 2021, raising CAD 5 million from Canadian Business Growth Fund and Invest Nova Scotia, bringing the total amount raised to CAD 5 million.Proposify offers a comprehensive proposal software platform designed to enhance the sales process for various industries, including agencies, IT, construction, and consulting. Its features include customizable, drag-and-drop templates for creating branded proposals and contracts, as well as integration capabilities with CRM and sales tools. The platform aims to improve the sales outcomes for businesses by streamlining document creation and management, catering primarily to clients in North America, Europe, and Australia.Proposify generates revenue through subscription-based pricing models, providing different tiers to accommodate various user needs. Clients can create and manage unlimited proposal templates, with pricing plans that limit the number of document sends per month based on their selected plan. Revenue is derived from the subscription agreements that facilitate seamless integration of Proposify's tools into their existing workflows, enhancing proposal generation and sales efficiency.In September 2021, Proposify Inc. raised CAD 5 million in Series A funding to support its global growth and enhance product development, as well as sales and marketing efforts. The funding will be utilized to design and launch new features aimed at improving user experience. Proposify plans to expand into additional markets, targeting regions in Europe and Asia by 2023, to increase its customer base and market presence.

## Funding rounds

- Series A, Sep 14, 2021, $4M — Invest Nova Scotia, Canadian Business Growth Fund
- Seed, Jun 11, 2014, $0.7M — Invest Nova Scotia, Atlantic Canada Opportunities Agency

## Investors

- Invest Nova Scotia — Seed, Series A
- Atlantic Canada Opportunities Agency — Seed
- Canadian Business Growth Fund (https://capitalatlas.ai/funds/canadian-business-growth-fund) — Series A