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Bonfire

Kitchener, Ontario, Canada

2020 Revenue

$7.8M

Funding

$11M

Team

81

Founded

2012

Bonfire Revenue & Funding (2020)

Bonfire generated $7.8M in revenue in 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.

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Bonfire Revenue

In 2020, Bonfire's revenue reached $7.8M.

Bonfire Revenue GrowthReported revenue / ARR over time$0$2M$4M$6M$8M$10M201220132014201520162017201820192020$0$7.8MSource: GetLatka.com
YearMilestoneSource
2020Bonfire Hit $7.8m revenue in August 2020Not recorded
2012Launched with $0 revenue

Bonfire Valuation, Funding Rounds

Bonfire has not publicly disclosed its valuation. The company has raised $11M in total funding to date.

Bonfire has raised $11M in total funding across 2 rounds, most recently a $8M Series A round in 2017.

Bonfire Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$2.5M$0.4$5M$0.6$7.5M$0.8$10M$1$12.5M201220132014201520162017Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2017Series A$8M--Not recorded
2016Seed$3M--Not recorded

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.

Bonfire Team GrowthReported headcount over time020406080100201220132014201520162017201820192020008181Source: GetLatka.com
YearMilestoneSource
2020Reached 81 employees (December 2020)Not recorded
2020Reached 51 employees (August 2020)Not recorded
2020Reached 84 employees (June 2020)Not recorded
2019Reached 89 employees (December 2019)Not recorded
2018Reached 88 employees (December 2018)Not recorded

Frequently Asked Questions about Bonfire

Who owns Bonfire?

Bonfire is owned by GTY Technology Holdings Inc, which acquired it.

What is Bonfire's revenue?

As of 2020, Bonfire generated $7.8M in revenue.

Who founded Bonfire?

Bonfire was founded by Corry Flatt.

When was Bonfire founded?

Bonfire was founded in 2012.

How much funding does Bonfire have?

Bonfire raised $11M across 2 rounds.

How many employees does Bonfire have?

As of 2020, Bonfire had 81 employees.

Where is Bonfire headquartered?

Bonfire is headquartered in Kitchener, Ontario, Canada.

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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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