When was Ignition founded?

Ignition was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Ignition located?

Ignition is headquartered in Surry Hills, Australia.

How many employees does Ignition have?

As of May 31, 2026, the latest employee count at Ignition is 336.

Is Ignition a funded company?

Ignition is a funded company, having raised a total of $75.4M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2014.

When was the latest funding round of Ignition?

Ignition's latest funding was a $***** Series C round on Nov 17, 2021, with participation from 3 investors.

Where does Ignition rank among its competitors?

Ignition ranks 1st amongst 18 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Upflow, which secured $5M in Apr, 2024.

Who are the top competitors of Ignition?

Ignition's top competitors include Credit Clear, Upflow and InvoiceBee. Among them, Upflow secured the most recent funding round in April, 2024.

Ignition - 2026 Company Profile, Team, Funding & Competitors

Ignition is a series C company based in Surry Hills (Australia), founded in 2013 by Guy Pearson. It operates as a Provider of platform automating proposals, billing, payments, and client agreements. Ignition has raised $75.4M in funding from JMI Management and EVP. The company has 18 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like Credit Clear, Upflow and InvoiceBee.

Company Details

Provider of platform automating proposals, billing, payments, and client agreements. The platform offers features such as sales pipeline management, invoicing, price insights, and form builders. It provides integrations and solutions for accounting, bookkeeping, agencies, and consulting. The platform helps to grow revenue, eliminate accounts receivable, and manage scope creep.

Website: www.ignitionapp.com/
Social
Email ID: *****@ignitionapp.com
Phone Number: +61 **********

Key Metrics

Founded Year

2013

Location

Surry Hills, Australia

Stage

Series C

Total Funding

$75.4M in 6 rounds

Latest Funding Round

Series C, Nov 17, 2021, $*****

Investors

JMI Management & 10 more

Ranked

1^st among 18 active competitors

Employee Count

336 as on May 31, 2026

Similar Companies

SumUp & 336 more

View Ignition's full profile

Ignition has raised a total funding of $75.4M over 6 rounds. Its first funding round was on 2014. Its latest funding round was a Series C round on Nov 17, 2021 for $*****. 3 investors participated in its latest round. Ignition has 9 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Ignition:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 17, 2021	5770495	Series C	7845259	1764585	1219840	1586617
Mar 10, 2021	2308689	Conventional Debt	3763794	8401814	9031835	Canadian Imperial Bank of Commerce
Sep 17, 2019	6457849	Series B	7028387	1190222	6939316	Tiger Global Management & 2 more

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View details of Ignition's funding rounds and investors

The founders of Ignition is Guy Pearson. Greg Strickland is the CEO of Ignition.

Here are the details of Ignition's key team members:

Guy Pearson: Co-Founder of Ignition.
Contact Info: 1 email address
Greg Strickland: CEO of Ignition.

View details of Ignition's Founder profiles and Board Members

Ignition's employee count trend

Ignition has 336 employees as of May 26. Here is Ignition's employee count trend over the years:

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Top competitors of Ignition include Credit Clear, Upflow and InvoiceBee. Here is the list of Top 10 competitors of Ignition, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ignition 2013, Surry Hills (Australia), Series C	Provider of platform automating proposals, billing, payments, and client agreements	$75.4M	Tiger Global Management, JMI Management & 9 others	63/100
2nd	Credit Clear 2016, Melbourne (Australia), Public	Invoice generation and payment solution	$18.5M	Regal Funds Management & 1 others	53/100
3rd	Upflow 2017, Paris (France), Series A	Provider of accounts receivable management software for finance teams	$22.9M	9Yards, Y Combinator & 11 others	51/100
4th	InvoiceBee 2016, Sydney (Australia), Unfunded	Online invoice management for SMBs	-	-	41/100
5th	QuickaPay 2019, Sydney (Australia), Acquired	Invoice management software for businesses	-	Thorn Group, Artiel Ventures & 3 others	38/100
6th	Wise-Sync 2013, Melbourne (Australia), Acquired	Automated billing and invoice management for businesses	-	-	35/100
7th	Apxium 2013, Adelaide (Australia), Unfunded	Accounts receivable and payment solutions	-	-	26/100
8th	CloudBooks 2014, Lucknow (India), Unfunded	SaaS invoicing for SMBs	-	-	24/100
9th	Hesabit 2015, Tehran (Iran), Unfunded	Invoice payment solutions for businesses	-	-	24/100
10th	Carbon 2013, Illinois City (United States), Unfunded	Invoicing software for small businesses	-	-	24/100