Ignite

About Ignite

Ignite is a Norwegian software-as-a-service (SaaS) company focused on strategic procurement. The firm was founded in 2016 by Sigbjørn Nome and Børge Langedal, two former consultants from Boston Consulting Group (BCG). Their journey began after observing that large organizations often based procurement decisions on intuition rather than data-driven strategies. This experience at BCG, where they managed several procurement transformation projects and even coached the company football team together, inspired them to establish Ignite. Initially, they operated as procurement consultants on a "no cure, no pay" basis before realizing they could create greater impact by developing a scalable SaaS solution.

The company provides a cloud-based platform designed to help businesses manage their spending and suppliers more effectively. It targets both private and public sector clients, including mid-market and large enterprises, aiming to make their procurement processes more strategic and transparent. The business model is centered on B2B subscriptions, generating revenue primarily through license income for its software. Ignite's platform helps organizations gain control over their spend, suppliers, and emissions, ultimately reducing costs, risks, and environmental impact. It consolidates and analyzes historical spend data to provide actionable insights, moving companies away from manual processes and spreadsheets.

Ignite's core product is a spend management platform that integrates spend analysis, contract management, and supplier relationship management. A key feature is its focus on sustainable and responsible procurement, allowing clients to assess the ethical and environmental impact of their purchasing decisions. The platform provides tools to track greenhouse gas emissions within the supply chain, a critical aspect given that over 70% of a company's emissions typically originate there. By combining economic, environmental, and ethical data into a single solution, Ignite enables clients to make holistic decisions. The company has gained international traction, with customers in Germany and a global agreement with a major consulting firm. It serves notable clients such as the Norwegian Tax Administration, Norwegian Customs Authority, and OBOS.