# Andrew Ray

> Andrew Ray is a venture - series unknown investor at Innovacorp backing SaaS and Internet. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Innovacorp](https://shizune.co/investors/profile/innovacorp)
- Location: Halifax, Canada
- Total investments: 1
- Last investment: Sep 2021
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: http://ca.linkedin.com/pub/andrew-ray/12/772/a24

Andrew Ray is a Managing Director at Innovacorp. He attended Brigham Young University.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 100% |
| Internet | 1 | 100% |
| Software | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Proposify | Proposify reduces friction in your proposal workflow making it easier for your sales reps to quickly create professional-looking proposals that impress prospects and close deals.Create on-brand templates that sales reps can reuse so they don’t need to reinvent the wheel for every deal. Store all your approved proposal content in one location sosnapping together a proposal takes minutes, not hours. Our Salesforce integration lets your rep create proposals, contracts, and agreements right in the CRM, and keep their data in sync.Impress prospects with a buyer experience that includes interactive pricing, videos, and live chat.Client viewing metrics let you know the moment a prospect opens the proposal, which sections they view and for how long, and - most importantly - the second they (e)sign on the dotted line. You may not actually be a mind reader, but with Proposify, you'll feel like one.Plus get faster sign-off and make it easier for prospects to buy with our legally binding electronic signature tool and order forms.We’ve revolutionized the proposal process so your reps can spend less time on manual tasks and more time doing what they do best: selling.But Proposify doesn't just save time; with assignable roles, permissions, and workspaces, you can manage the access each sales rep has. From the kind of content they can use and editing the design, all the way through to sending a proposal, you'll have full brand control and peace of mind without bottlenecking the process. Finally, a solution that makes both Sales AND Marketing happy.If you're ready to give your sales team the competitive edge, visit our website or book a demo at https://www.proposify.com. | $3.9M | Venture - Series Unknown | Sep 14, 2021 |  |

1 of 1 investments shown.

## Co-investors
- [Canadian Business Growth Fund](https://shizune.co/investors/profile/canadian-business-growth-fund) — VC Fund, 1 deal together

## About Innovacorp

VC Fund · Halifax, Canada

Innovacorp is an early-stage venture capital firm that helps knowledge-based startups commercialize their technologies in the global marketplace. It invests in early stage Nova Scotia entrepreneurs, combining venture capital with business mentoring and incubation facilities. Innovacorp was established in 1995 and based in Halifax, Canada.

5 contacts available at Innovacorp.

| Name | Title | Profile |
| --- | --- | --- |
| Jonathan Saari | Investment Director | https://shizune.co/investors/profile/jonathan-saari |
| Amanda Tarr | Manager, Programs & Acceleration | https://shizune.co/investors/profile/amanda-tarr |
| Andrew Ray | Managing Director | https://shizune.co/investors/profile/andrew-ray |
| Ben McDade | Investment Associate | https://shizune.co/investors/profile/ben-mcdade |
| Charles Baxter | Vice President, Investment | https://shizune.co/investors/profile/charley-baxter |

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### Similar stage
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## FAQ

### What does Andrew Ray invest in?

Andrew Ray invests primarily in SaaS, Internet and Software startups, most often at Venture - Series Unknown stage. Most of the 1 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Andrew Ray last invest?

The most recent investment recorded for Andrew Ray closed in Sep 2021. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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