Ignite Procurement AS
Latest round
- Series A
Last raised
- Jun 2022
Total raised
- $7.1M
Investors
- 6
About Ignite Procurement AS
Based in Oslo, Norway, and founded in 2017 by its CEO Sigbjørn Nome, and CRO Børge Langedal, Ignite Procurement AS operates as a technology company that provides a spend management solution for mid-market and large enterprises to help them control costs while keeping their supplier base sustainable and compliant. As of March 2023, the company has a team of more than 50 employees serving more than 80 customers and managing USD100 billion spend. Ignite Procurement AS offers a comprehensive suite of procurement solutions, including data management, procurement analytics, carbon accounting, contract management, and supplier management. It also offers readily configurable dashboards, one-click filters, and no-code analytics that streamline the analysis and visualization of data. Ignite's open ecosystem of 3rd-party partners further extends the capabilities, and provides control, and agility across all aspects of spend. In addition, Ignite Procurement offers optional third-party data add-ons such as Supplier Metadata with Infobel, Nordic Financials with Enin, and Global Currencies with Fixer. Ignite Procurement AS offers plans designed to fit the needs of different-sized teams, such as basic, advanced, professional, and enterprise plans. Each plan offers different features such as the number of users, data repositories, and customer support.
Who invested in Ignite Procurement AS
6 investors across 1 round
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Funding rounds
Series A
Jun 13, 2022
Amount
$7.1M
Investors
Questions about Ignite Procurement AS
Who invested in Ignite Procurement AS?
Ignite Procurement AS has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ignite Procurement AS raised?
Ignite Procurement AS has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Ignite Procurement AS last raise money?
Ignite Procurement AS's most recent round on record is a Series A, in Jun 2022.
What does Ignite Procurement AS do?
Based in Oslo, Norway, and founded in 2017 by its CEO Sigbjørn Nome, and CRO Børge Langedal, Ignite Procurement AS operates as a technology company that provides a spend management solution for mid-market and large enterprises to help them control costs while keeping their supplier base sustainable and compliant.
Where is Ignite Procurement AS headquartered?
Ignite Procurement AS is headquartered in Oslo, Norway.
Which VCs invest in companies like Ignite Procurement AS?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Ignite Procurement AS's stage. Their profiles are linked below.
VCs backing software startups at Series A
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