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Ignite Procurement revenue is $4.8 million

Ignite Procurement is worth $16.1 million valuation

Ignite Procurement team size is 49 employees


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Ignite Procurement

- Oslo, Norway

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How Ignite Procurement hit $4.8M Revenue

Strategic Procurement Made Easy: We facilitate data-driven, smarter, and sustainable decisions for procurement professionals and businesses.

Founded

2017

Founded

Revenue

$4.8M

2022 Revenue

YOY
-----

YOY

Funding

$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

$4.8M

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 DATEROUNDAMOUNTVALUATION
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.

2021
DISTRIBUTIONQTY
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

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Ignite Procurement has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Ignite Procurement

Monthly Revenue

$400.2K

-

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

NamePosition

Ignite Procurement Executives

NamePosition
Sigbjørn Nome CEO

Ignite Procurement Employees

NamePosition
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