Bonfire
Kitchener, Ontario, Canada
Valuation
$23.5M
2020 Revenue
$7.8M
Funding
$11M
Team
81
Founded
2012
Bonfire Revenue, Valuation & Funding (2020)
Bonfire is a B2B SAAS platform that helps organizations streamline their procurement processes and make better purchasing decisions. The platform offers features such as request for proposal (RFP) creation, supplier management, bid evaluation, and contract management. With Bonfire, companies can save time and money by automating their procurement workflows and accessing a network of pre-vetted suppliers.
Last updated
Bonfire Revenue
In 2020, Bonfire's revenue reached $7.8M. Since its launch in 2012, Bonfire has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2020 | Bonfire Hit $7.8m revenue in August 2020 | |
| 2012 | Launched with $0 revenue |
Bonfire Valuation, Funding Rounds
Bonfire's most recent disclosed valuation is $23.5M.
Bonfire has raised $11M in total funding across 2 rounds, most recently a $8M Series A round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Series A | $8M | - | - | |
| 2016 | Seed Round | $3M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Bonfire yet.
Bonfire Employees & Team Size
Bonfire employs approximately 81 people as of 2026, down from 89 in 2019, including 14 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2020 | Reached 81 employees (December 2020) | |
| 2020 | Reached 51 employees (August 2020) | |
| 2020 | Reached 84 employees (June 2020) | |
| 2019 | Reached 89 employees (December 2019) | |
| 2018 | Reached 88 employees (December 2018) |
Frequently Asked Questions about Bonfire
What is Bonfire's revenue?
Bonfire generates $7.8M in revenue.
Who founded Bonfire?
Bonfire was founded by Corry Flatt.
Who is the CEO of Bonfire?
The CEO of Bonfire is Corry Flatt.
How much funding does Bonfire have?
Bonfire raised $11M across 2 rounds.
How many employees does Bonfire have?
Bonfire has 81 employees.
Where is Bonfire headquarters?
Bonfire is headquartered in Kitchener, Ontario, Canada.
Compare Bonfire to the industry
Bonfire operates across multiple industries. Browse revenue, funding, and growth data for Bonfire in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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