Insights

Sustainability Opportunity Ignite offers a GHG emissions reporting capability and procurement analytics that can help organizations monitor and reduce supply chain emissions, presenting a compelling upsell to sustainability and ESG-focused buyers.

Financial Health Readiness With a revenue range of $1M-$10M and a recent $7.1M Series A, Ignite appears to be a growing platform in procurement intelligence, suggesting sales conversations around scaling usage, advanced analytics, and premium modules as customers expand.

Procurement Integration The product consolidates spend analysis, supplier data, contract monitoring and risk assessment in a single platform, offering cross-sell opportunities to buyers currently juggling multiple tools or spreadsheets.

Growth and Expansion Despite a modest employee base, Ignite has attracted notable customers and strategic hires; this signals potential for geography or industry-specific expansion and enterprise-ready plans that can be targeted to mid-market to larger buyers.

Data Enrichment Advantage The emphasis on data enrichment and actionable intelligence creates a need for onboarding, customization, and integration services, offering a pathway for professional services, implementation, and ongoing support revenue.

Similar companies to Ignite

Ignite Tech Stack

Ignite uses 8 technology products and services including Google Ads, Hotjar, iCIMS, and more. Explore Ignite's tech stack below.

Ignite's Email Address Formats

Ignite uses at least 1 email format:
Ignite Email FormatsExamplePercentage
First.Last@ignite.noJohn.Doe@ignite.no
100%

Frequently Asked Questions

What is Ignite's stock symbol?

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Ignite is a publicly traded company; the company's stock symbol is IGN.AX.

What is Ignite's official website and social media links?

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Ignite's official website is ignite.no and has social profiles on LinkedIn and Crunchbase.

How much revenue does Ignite generate?

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As of October 2026, Ignite's annual revenue is estimated to be $1M - $10M.

What is Ignite's NAICS code?

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Ignite's NAICS code is 5112 - Software Publishers.

How many employees does Ignite have currently?

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As of October 2026, Ignite has approximately 74 employees across 4 continents, including Europe, North America and Asia. Key team members include Ceo & Co-Founder: S. N., Chief Commercial Officer: R. M. and Chief Customer Success Officer: S. H. Explore Ignite's employee directory with LeadIQ.

What industry does Ignite belong to?

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Ignite operates in the Software Development industry.

What technology does Ignite use?

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Ignite's tech stack includes Google Ads, Hotjar, iCIMS, Usercentrics, Sketch, Mailgun, Webflow and Piwik.

What is Ignite's email format?

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Ignite's email format typically follows the pattern of First.Last@ignite.no. Find more Ignite email formats with LeadIQ.

How much funding has Ignite raised to date?

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As of October 2026, Ignite has raised $16M in funding. The last funding round occurred on Nov 10, 2023 for $4.8M.

When was Ignite founded?

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Ignite was founded in 2017.
Ignite logo

Ignite

Software DevelopmentOslo, Norway51-200 Employees

Ignite is a software company offering a procurement and supplier intelligence platform that gives organizations visibility and control over spend and suppliers. The system brings together fragmented procurement data and enriches it to produce actionable intelligence, so teams can act with confidence. It provides a single, intuitive platform to analyze spend, manage suppliers and contracts, monitor risk, quantify emissions, and uncover savings without toggling between independent tools. The product is positioned as a comprehensive solution for procurement teams seeking faster decision-making and clearer oversight of supplier networks. 

Ignite is based in Oslo, Norway, and operates as a mid-sized software developer in the procurement technology space. Its customers include Veidekke, OBOS, Stena Metall, Strawberry, and Jordanes, among hundreds of others, representing buyers looking to consolidate procurement data and insights. In 2023 the company expanded its offerings with a GHG emission reporting capability for 2022, reflecting an emphasis on sustainability data alongside spend and supplier management.

Section iconCompany Overview

Website
ignite.no
Stock Symbol
IGN.AX
NAICS Code
5112 - Software Publishers
Founded
2017
Employees
51-200

Section iconFunding & Financials

  • $16M

    Ignite has raised a total of $16M of funding over 4 rounds. Their latest funding round was raised on Nov 10, 2023 in the amount of $4.8M as a Series A.

  • $1M - $10M

    Ignite's revenue is estimated to be in the range of $1M - $10M

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