Ignite Procurement revenue is $4.8 million
Ignite Procurement is worth $16.1 million valuation
Ignite Procurement team size is 49 employees
Ignite Procurement
- Oslo, Norway
How Ignite Procurement hit $4.8M Revenue
Strategic Procurement Made Easy: We facilitate data-driven, smarter, and sustainable decisions for procurement professionals and businesses.
2017
Founded
$4.8M
2022 Revenue
YOY
$4.3M
Funding
Ignite Procurement Revenue
In 2022, Ignite Procurement revenue run rate hit $4.8M in revenue.
2021
Ignite Procurement hit $4.8M in revenue in 2021
2017
Ignite Procurement launched in 2017 with $0 revenue
Ignite Procurement Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021 Series A
Ignite Procurement raised a Series A of $3.4M at a $16.1M valuation in April 2021
2019 Seed Round
Ignite Procurement raised a Seed Round of $899.5K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 04/16/2021 | Series A | $3.4M | $16.1M |
| 11/07/2019 | Seed Round | $899.5K |
Team
Ignite Procurement has 49 total employees and 6 sales reps that carry a quota.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 49 |
| Engineer | 20(41%) |
| Sales | 6(12%) |
| Marketing | 2(4%) |
CEO/Founder
Sigbjørn Nome
Sigbjørn Nome is the CEO & Product Director at Ignite Procurement.
Q&A
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Customers
Ignite Procurement has 0 customers.
Lifetime Months
-
x
Monthly ARPU
-
=
Lifetime Dollar
-
Acquisition Cost
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Average Annual Price
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Churn
Ignite Procurement has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About Ignite Procurement
Monthly Revenue
$400.2K
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Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Ignite Procurement Board of Directors
| Name | Position |
|---|
Ignite Procurement Executives
| Name | Position |
|---|---|
| Sigbjørn Nome | CEO |
Ignite Procurement Employees
| Name | Position |
|---|---|
| Sigbjørn Nome | CEO |
Frequently Asked Questions about Ignite Procurement
When was Ignite Procurement founded?
Ignite Procurement was founded in 2017.
How much revenue does Ignite Procurement generate?
Ignite Procurement generates $4.8M in revenue.
Who is the CEO of Ignite Procurement?
The CEO of Ignite Procurement is Sigbjørn Nome.
How much funding does Ignite Procurement have?
Ignite Procurement was raised $4.3M.
How many employees does Ignite Procurement have?
Ignite Procurement has raised 49 employees.
Where is Ignite Procurement headquarters?
Ignite Procurement headquater is at Norway