Ignite Procurement raises $7.1M Series A

Ignite Procurement raises $7.1M Series A

Ignite Procurement, the five-year-old Nordic procurement software company, just raised $7.1 million Series A funding. The round was led by existing investors and included new investors. This brings the company's valuation to $28.4 million.

Ignite Procurement and Semine Partnership

Ignite and Semine Join Hands to Deliver Enhanced Spend Visibility

We are happy to inform you that the Norwegian scaleup Semine has joined forces with Ignite. Semine delivers an intelligent automation platform for accounts payable that changes the finance function with AI and Machine Learning. The partnership will create fully integrated platforms that will help companies get a line-item level detail of their spend data and thereby enable a whole new dimension for procurement optimization.

Selected as Top 10 Emerging Tech Leaders and Top 10 Founders of the Year

Selected as Top 10 Emerging Tech Leaders & Top 10 Founders of the Year

We are super honored and humbled that our very own CTO, Valdemar Edvard Sandal Rolfsen, has been named one of the top 10 emerging tech leaders in Norway by E24.no. And we are equally proud of our co-founders, Sigbjørn Nome and Børge Langedal, who were selected as the top ten founders of the year!

Using Technology for Eternal Digitization of Public Procurement

Using Technology for Eternal Digitization of Public Procurement

DFØ is hosting a conference on digital procurement in May 2022, where Karin Bigseth from Ålesund municipality, together with Ignite Procurement, will share their experiences on what it means to be digitally driven.

Was a Startup 5 Years Ago, Now Closing Large Public Companies

Was a Startup 5 Years Ago, Now Closing Large Public Companies

Our CEO, Sigbjørn Nome, and VP Sales, Kjetil Istad, were recently placed in an exciting article on Anbud365. The article covers how public sector organizations like the Ålesund kommune and Tolletaten are using our platform to make fact-based decisions, automate their procurement processes, emphasize a category-based purchasing model, and follow up with the suppliers to meet the sustainability goals.

Ignite Joins Spend Matters' List of 50 Procurement Providers to Watch for in 2021

Spend Matters' List of 50 Procurement Providers to Watch for in 2021

We have some BIG news to share with you this week! Ignite Procurement has been named to Spend Matters' list of 50 Procurement Providers to Watch for 2021.

Team Ignite Procurement 2021

A Deck of 44 Aces and Counting!

The best part about being a fast-growing organization is adding new and unique talent to your expanding team. This summer, Ignite added thirteen exceptional members to its deck of aces. Now we are 44 and counting!

Ignite Procurement + Enin

New Partnership Announcement: Ignite Procurement and Enin

Ignite Procurement and Enin Team-up to bring data-driven supplier management to Norway, Sweden, Denmark, and Finland.

Ignite Procurement's new summer interns 2021

Ignite Procurement is Happy to Welcome its New Summer Interns

Yes, they are here! Meet these young and brilliant faces who will light up the summer weeks at our Oslo office.

Kjetil Istad and Faraz Ali joins Ignite Procurement

The Team Ignite Welcomes Its New Members

At Ignite, we believe in creating a dynamic team of enthusiastic and talented individuals. In this innovation, success, and growth journey, we are excited to welcome two new members to our team.

New Partnership Announcement: Ignite Procurement and Lexolve

Ignite Procurement joins hands with Lexolve to bring document automation to its users.

Ignite Procurement + amc Group

New Partnership Announcement: Ignite Procurement and Amc Group

Ignite Procurement and Amc Group establish partnership to further drive procurement innovation in the DACH region.

Sigbjørn Nome and Børge Langedal making strategic procurement easy

Announcing Ignite Procurement’s Completion of NOK 30 Million Funding Raise

We are delighted to announce our latest NOK 30 million funding raise. This is a great moment not only for us, our partners, and investors but for our customers who have trusted us in this growth journey.

In April 2021, Ignite Procurement added three new members to its team.

Three New Faces Onboard at Ignite Procurement

This spring, we added three new and talented team members to our fast-growing organization. Ignite Procurement is delighted to welcome our new team members and wish them well in their careers with us.

Organic Growth With Autonomous Teams and Flat Structure

Organic Growth With Autonomous Teams and Flat Structure

Ignite Procurement has become one of the country’s most successful and promising start-up companies. One key to its success is a policy of encouraging autonomous teams and short decision-making processes. Join behind the scenes of Ignite Procurement, where employees are the driving force from day one.

Ignite Procurement hires former CEO of their own customer

Ignite Procurement Hires Former CEO of Their Own Customer

When Kjetil Marius Istad resigned as head of the state procurement giant Sykehusinnkjøp, he contacted the startup he had been a customer of - and asked to join the trip.

These entrepreneurs want to win the battle of getting the developers

These Entrepreneurs Want to Win the Battle of Getting the Developers

Sigbjørn Nome, CEO and co-founder of Ignite Procurement has an ambitious growth plan for his company. This article reveals their recipe and how they their double income and the number of employees in just a few months.  

Meet Our Newest Team Members - February 2021

Say Hello to Our Newest Team Members

Ignite Procurement continues its rapid growth and has hired new, exceptional talents to the team. Please give a warm welcome to the latest team Ignite additions.

Consulting Partnership with Level Group Brazil

Consulting Partnership With Level Group Brazil

Level Group Brazil and Ignite Procurement are pleased to announce they have entered into a partnership agreement, combining Level Group's procurement and consultancy experience with Ignite Procurement's leading digital solution for spend management.

Moreld starts using Ignite Procurement across the group

Ignite Procurement Enables Moreld to Harvest Group Synergies

We are delighted to welcome Moreld, an international industrial conglomerate owned by HitecVision, as one of our newest customers.

Spend Matters Vendor Analysis: Ignite Procurement

Ignite Procurement - Vendor Analysis (Part 2)

If you're looking for a new spend analytics provider or if you're just curious about what makes Ignite Procurement so unique, then you need to keep reading.

Ignite Procurement - Vendor Analysis (Part 1) - Solution Overview, Strengths/Weaknesses, Tech Selection Tips

Ignite Procurement - Vendor Analysis (Part 1)

Ignite Procurement was recently under Spend Matters' two-part PRO Vendor Analysis and deep dive on vendor analysis lens this year.

Norwegian Tech Startups Cannot Wait for the World to Come Here

Norwegian Tech Startups Cannot Wait for the World to Come Here

As the market in which startup companies conduct business becomes more international, Norwegian companies must look beyond Norway's borders to succeed and grow.

Ignite Procurement - Meet our newest team members

Meet Our Newest Team Members

Ignite Procurement has grown from 10 to 20 employees in the last year. And we are not stopping there. Our ambition is to scale the team to 50 full-time employees by the end of 2021. But in the meantime, please say hello to all our newest team members.

Sigbjørn Nome: Founder Ignite Procurement

Ignite Procurement: – We Saw That You Could Save Hundreds of Millions

"We saw that you could save hundreds of millions," says Sigbjørn Nome in an interview with Finnaavisen. The CEO and co-founder of Ignite Procurement, Sigbjørn Nome, sees several challenges with the way companies resort to making procurement decisions. He believes that Ignite Procurement could be the ultimate solution.

SolutionMap ranking Fall 2020: Spend & Procurement Analytics - Nimble persona

Ignite Procurement a Value Leader in SolutionMap Report

Ignite Procurement is proud to be included in the newest Spend Matters SolutionMap report as the only new vendor in the Spend & Procurement Analytics category.

Firesafe starts using Ignite Procurement across the Group

Firesafe Starts Using Ignite Procurement Across the Group

We are happy to announce that Firesafe, a Scandinavian market leader in fire safety and protection, is one of our newest customers.

Ignite Procurement's recent growth and future plans to raise additional capital

Ignite Procurement's Growth and Future Plans to Raise New Capital

This fiery startup could be a hit among investors this autumn: Announces major round of NOK 100 million, says Shifter in their latest article.

Ignite Procurement wins contract with the Norwegian Environment Agency

Ignite Wins Tender with the Norwegian Environment Agency

The Norwegian Environment Agency, and implicitly all organizations that are part of the Norwegian Ministry of Climate and Environment, has selected Ignite Procurement as their spend management solution going forward.

New and Exciting Product Feature Powered by Summer Interns

New and Exciting Product Features Powered by Summer Interns

Ignite Procurement continued its annual internship program this summer with no less than 10 students joining us from recognized Norwegian and international universities.

Sigbjørn Nome and Frank Willie Bødal - Ignite Procurement

Start-Up Develops Procurement Solutions and Wins Public Contracts

Procurement startup takes over public contracts. This article was so popular that it appeared in Anbud365's top 10 most read articles of the spring semester.

10 Summer Interns Ready To Rumble

Ignite Procurement is proud to announce that it is moving ahead with its annual internship program and has hired top students from recognized Norwegian and international universities.

Hexagon Starts Using Our Spend Management Solution

Hexagon Starts Using Our Spend Management Solution 🤝

We are delighted and proud to announce that Hexagon Composites, a global leader in clean energy solutions, is one of our newest customers.

Ignite Procurement Wins Finansavisen VEXT 2020!

We are thrilled to announce that Ignite Procurement has won the award for Norway's VEXT (growth) Company 2020.

Strategic Partnership With Mintec

Strategic Partnership With Mintec

Mintec and Ignite Procurement are pleased to announce they have entered into a strategic partnership, combining the award-winning Mintec price data with Ignite Procurement's leading digital solution for spend management.

Sykehusinnkjøp starts collaborating with start-up despite global pandemic

Sykehusinnkjøp Starts Collaborating With Start-Up Despite Global Pandemic

Public sector organization Sykehusinnkjøp invests in procurement solution from Ignite Procurement.

Ignite Procurement: Winning public contracts as a start-up company

Winning Public Contracts as a Start-Up

Ignite Procurement's CEO and co-founder, Sigbjørn Nome, and Chief Marketing Officer, Frank Willie Bødal, told Anbudd how the young startup managed to attract prominent clients to its portfolio.

Growing start-up: This is how we targeted the public sector

Growing Start-Up: This is How We Targeted the Public Sector

Ignite Procurement has recently been awarded a public contract valued at 2.8 million kroner, thereby providing the company with an initial foothold in the public sector market.

Finansavisen Vext episode 9 - Ignite Procurement

Finansavisen Vext episode 9 - Ignite Procurement

In the search for Norway's next growth company, Ignite Procurement has been selected by Finanavisen and Vext. We're honored to be recognized for our efforts in strategic procurement, and excited about what's to come!

Ignite Procurement positioning itself for global growth

Ignite Procurement Positioning Itself for Global Growth

After a successful start in Norway, the company is now entering into Nordic cooperation with Deloitte.

AF Gruppen and Ignite Procurement

Bootstrapped Procurement Solution Became an Investor Favorite

Ignite Procurement's Sigbjørn Nome and Børge Langedal turned away a number of investors when they recently landed NOK 8 million for their spend management tool solution for procurement.

Venture investors SNÖ and Arkwright X invests in Ignite Procurement

Venture investors SNÖ and Arkwright X invests in Ignite Procurement

You can read more about SNÖ and Arkwright X investing in Ignite Procurement on Finansavisen: Fra 0 til 56 millioner på 3 år (article in Norwegian).

AutoStore signs agreement for the use of our spend management solution

AutoStore Signs Agreement for the Use of our Spend Management Solution

We are delighted to welcome AutoStore as one of our newest customers. Following a procurement project, the company has now entered into a license agreement for the use of our digital solution for strategic procurement.

Valdemar Rolfsen is the new CTO in Ignite Procurement

Valdemar Rolfsen is the New CTO of Ignite Procurement

The new CTO of Ignite Procurement, Valdemar Rolfsen says, "I think we are coming in at just the right time!"

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