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Strategic Procurement Made Easy: We facilitate data-driven, smarter, and sustainable decisions for procurement professionals and businesses.
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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.
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% | |
| 2019 | Seed Round | $899.5K | - | - |
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We do not have customer count information for Ignite Procurement yet.
Ignite Procurement employs approximately 78 people as of 2026, up from 74 in 2023, including 6 sales reps that carry a quota.
Ignite Procurement generates an estimated $11.3M in annual revenue.
Ignite Procurement was founded by Sigbjørn Nome.
The CEO of Ignite Procurement is Sigbjørn Nome.
Ignite Procurement raised $4.3M across 2 rounds.
Ignite Procurement has 78 employees.
Ignite Procurement is headquartered in Oslo, Norway.
Ignite Procurement operates across multiple industries. Browse revenue, funding, and growth data for Ignite Procurement in each sector below.
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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85 associated members
Valuation
$16.1M
2024 Revenue
$11.3M(Est.)
Funding
$4.3M
Team
78
Founded
2017
| 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 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 78 employees (December 2024) | |
| 2024 | Reached 74 employees (October 2024) | |
| 2023 | Reached 74 employees (October 2023) | |
| 2022 | Reached 64 employees (October 2022) | |
| 2021 | Reached 52 employees (December 2021) | |
| 2021 | Reached 49 employees (April 2021) |
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