Valuation
$16.1M
2024 Revenue
$11.3M
Funding
$4.3M
YOY
38.1%
Team
78
Founded
2017
How Ignite Procurement CEO Sigbjørn Nome grew Ignite Procurement to $11.3M revenue with a 78 person team in 2024.
Strategic Procurement Made Easy: We facilitate data-driven, smarter, and sustainable decisions for procurement professionals and businesses.
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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 | Quote |
|---|---|---|
| 2024 | Ignite Procurement Hit $11.3m revenue in October 2024 | |
| 2023 | Ignite Procurement Hit $8.2m revenue in October 2023 | |
| 2021 | Ignite Procurement Hit $4.8m revenue in April 2021 | |
| 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 | Quote |
|---|---|---|---|---|---|
| 2021 | Series A | $3.4M | $16.1M | 21% | |
| 2019 | Seed Round | $899.5K | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Ignite Procurement yet.
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 |
|---|---|
| 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) |
Frequently Asked Questions about Ignite Procurement
What is Ignite Procurement's revenue?
Ignite Procurement generates $11.3M in revenue.
Who founded Ignite Procurement?
Ignite Procurement was founded by Sigbjørn Nome.
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.
How many employees does Ignite Procurement have?
Ignite Procurement has 78 employees.
Where is Ignite Procurement headquarters?
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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