Tech Company Financing Transactions
Ignite Procurement Funding Round
Arkwright X, Investinor and MP Pensjon participated in a $7.1 million Series A funding round for Ignite Procurement. The round was announced on 6/28/2022.
Transaction Overview
Company Name
Announced On
6/28/2022
Transaction Type
Venture Equity
Amount
$7,100,000
Round
Series A
Proceeds Purpose
The platform has been used to analyse purchases worth more than $105 billion. With a team of 60 individuals, including those located in a recently opened office in Poland, Ignite reports an ARR increase of approximately 150 percent in the last year.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
Edvard Storms gate 2
Oslo, 0166
Norway
Oslo, 0166
Norway
Phone
Undisclosed
Website
Email Address
Overview
We at Ignite make smart yet simple technology that allows you to manage your spending. We empower companies around the world to make smarter, responsible decisions with their purchasing and grow their businesses with our technology and customer support. We know we are doing well when you do well.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Erik Engløkk
Chief Executive Officer
Sigbjørn Nome
Chief Operating Officer
Iuliia Thuen
Chief Technical Officer
Valdemar Rolfsen
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We record every notable VC transaction. VC investment data records reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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