Valuation · 2021
$16.1M
2024 Revenue
$11.3M(Est.)
Funding
$4.3M
Team
78
Founded
2017
Ignite Procurement Revenue, Valuation & Funding (2024)
Ignite Procurement generated an estimated $11.3M in annual revenue in 2024. Source: GetLatka estimate
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Ignite Procurement Revenue
In 2024, Ignite Procurement's revenue reached $11.3M. The company previously reported $8.2M in 2023. Since its launch in 2017, Ignite Procurement has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Ignite Procurement Hit $11.3m revenue in October 2024 | Estimated |
| 2023 | Ignite Procurement Hit $8.2m revenue in October 2023 | Estimated |
| 2021 | Ignite Procurement Hit $4.8m revenue in April 2021 | Not recorded |
| 2017 | Launched with $0 revenue |
Ignite Procurement Valuation, Funding Rounds
Ignite Procurement reached a $16.1M valuation in 2021, set during its Series A round.
Ignite Procurement has raised $4.3M in total funding across 2 rounds, most recently a $3.4M Series A round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series A | $3.4M | $16.1M | 21% | Not recorded |
| 2019 | Seed | $899.5K | - | - | Not recorded |
Founder / CEO
Ignite Procurement Employees & Team Size
Ignite Procurement employs approximately 78 people as of 2026, up from 74 in 2023, including 6 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 78 employees (December 2024) | Not recorded |
| 2024 | Reached 74 employees (October 2024) | Not recorded |
| 2023 | Reached 74 employees (October 2023) | Not recorded |
| 2022 | Reached 64 employees (October 2022) | Not recorded |
| 2021 | Reached 52 employees (December 2021) | Not recorded |
| 2021 | Reached 49 employees (April 2021) | Not recorded |
Frequently Asked Questions about Ignite Procurement
What is Ignite Procurement's revenue?
As of 2024, Ignite Procurement generated an estimated $11.3M in annual revenue.
What is Ignite Procurement's valuation?
As of 2021, Ignite Procurement was valued at $16.1M.
Who founded Ignite Procurement?
Ignite Procurement was founded by Sigbjørn Nome.
When was Ignite Procurement founded?
Ignite Procurement was founded in 2017.
Who is the CEO of Ignite Procurement?
The CEO of Ignite Procurement is Sigbjørn Nome.
How much funding does Ignite Procurement have?
Ignite Procurement raised $4.3M across 2 rounds.
How many employees does Ignite Procurement have?
As of 2024, Ignite Procurement had 78 employees.
Where is Ignite Procurement headquartered?
Ignite Procurement is headquartered in Oslo, Norway.
Compare Ignite Procurement to the industry
Ignite Procurement operates across multiple industries. Browse revenue, funding, and growth data for Ignite Procurement 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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