FundedIQ
Information Technology

Ignite Procurement: Funding, Investors & Team (Sep 2026)

Touch off Procurement is a Norwegian SaaS organization working with information driven, more brilliant, and reasonable obtainment choices through its best-of-breed spend the executives arrangement. With the steadily expanding significance of innovation and information in all parts of business direction, Ignite Procurement expects to turn into the main player inside essential acquirement.

www.igniteprocurement.com LinkedIn Oslo, Norway 51-100 employees
Total raised
$7.1M
Rounds
1
Latest
Series A
Jun 2022

Ignite Procurement has raised $7.1M across 1 funding round on record, the most recent a Series A of $7.1M announced in Jun 2022.

That round is above the $6.0M median round size for Information Technology companies tracked on FundedIQ over the last two years.

Ignite Procurement Company Profile and Key Stats

Total funding raised
$7.1M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$7.1M in Jun 2022
Employees
51-100
reported band
Headquarters
Oslo, Norway

Latest funding round on record: Jun 2022.

Ignite Procurement Funding Rounds

Date
Round
Amount
Series A
$7.1M

Ignite Procurement Founders and Leadership Team

Name
Role
Contact
Borge Langedal
Founder

No contact details are on record for this team yet.

Ignite Procurement Funding Compared to Other Information Technology Startups

Segment
Companies
Median round
232
$8.7M
8,352
$15M

Ignite Procurement's latest round of $7.1M is above the median round in Information Technology. Medians cover the last 24 months of disclosed rounds.

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Ignite Procurement Funding FAQs

What does Ignite Procurement do?

Touch off Procurement is a Norwegian SaaS organization working with information driven, more brilliant, and reasonable obtainment choices through its best-of-breed spend the executives arrangement. With the steadily expanding significance of innovation and information in all parts of business direction, Ignite Procurement expects to turn into the main player inside essential acquirement.

How much funding has Ignite Procurement raised?

Ignite Procurement has raised $7.1M across 1 round on record. The most recent is a Series A of $7.1M announced in Jun 2022.

When did Ignite Procurement last raise funding?

Ignite Procurement's most recent funding round on record is a Series A of $7.1M, announced in Jun 2022.

Who founded Ignite Procurement?

FundedIQ lists Borge Langedal (Founder) at Ignite Procurement.

Where is Ignite Procurement headquartered?

Ignite Procurement is based in Oslo, Norway.

How many employees does Ignite Procurement have?

Ignite Procurement is in the 51-100 employee band.

How does Ignite Procurement's funding compare to other Information Technology startups?

Ignite Procurement's latest round of $7.1M is above the $6.0M median round size for Information Technology companies on FundedIQ across 3,144 tracked companies over the last two years.

About FundedIQ's Ignite Procurement Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ignite Procurement is left off this page rather than filled in.

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