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Bonfire Interactive
Bonfire Strategic Sourcing Platform | Procurement Software
About Bonfire Interactive
Bonfire eProcurement Solutions is a company that provides specialized software designed to streamline the procurement process for government and public sector organizations. The company operates primarily in North America and serves a variety of public agencies, including municipalities, higher education institutions, utilities, nonprofits, K-12 schools, transportation departments, and public healthcare organizations.
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The core function of Bonfire's software is to help these organizations manage bids and Requests for Proposals (RFPs) more efficiently. The platform is designed to be user-friendly, making it easier for procurement teams to handle their tasks and for vendors to submit their bids. This results in faster procurement cycles, better compliance with regulations, and overall improved outcomes for public projects.
Bonfire's business model includes offering a free tier for vendors to submit responses to any Bonfire portal. For more extensive access, vendors can opt for a premium subscription, which allows them to bid on thousands of public sector projects across North America. This tiered approach helps Bonfire generate revenue while providing value to both procurement teams and vendors.
The company also offers robust support and resources, including online help, tips, eBooks, and reports to assist users in maximizing the platform's potential. Additionally, Bonfire provides award-winning coaching and support to ensure a positive client experience.
In summary, Bonfire eProcurement Solutions helps public sector organizations achieve better procurement outcomes through a fast, user-friendly platform that simplifies the bidding process and enhances compliance. The company makes money through premium vendor subscriptions and offers extensive support to ensure client success.
At a glance
- Founded
- 2011
- Headquarters
- Kitchener, Canada
- Sector
- Other B2B Software
- Power Law
- Colt$25–100M revenue
Latest news
Press, funding announcements and product moves mentioning Bonfire Interactive.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed7 investors entered at this stage
Marc Morin
Mike Stork
Golden Triangle Angelnet
Y Combinator
FundersClub
Spider Capital
Crosslink Capital
Series A2 investors entered at this stage
Battery Ventures
Daniel Curran
Series B and later1 investor entered at this stage
- GHGTY Technology Holdings
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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