About Bonfire Interactive
Bonfire Interactive is a Technology company based in Waterloo (Canada) founded in 2011, and was acquired by GTY in September 2018. It operates as a supplier sourcing is facilitated via RFx tool for procurement evaluations. Bonfire Interactive has raised $8.12 million across 3 funding rounds from investors including GTY, Battery Ventures and Crosslink Capital. Bonfire Interactive offers products and services including Bonfire Platform, Shared RFP Samples, Intake and Approvals, Solicitation Builder, and RFP Auto-scoring. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Source To Pay. Its legal entity is Euna Solutions. Its competitors include Tipalti, Sage Group, MineralTree, Coupa and Airbase and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Bonfire Interactive was established in 2011 in Waterloo, Canada, within the procurement software sector. A supplier sourcing solution is delivered through an RFx tool, by which purchasing teams can accept and assess supplier submissions. RFP, RFQ, RFSQ, bid, tender, and related purchasing projects are streamlined as a result. Operations center on enhancing efficiency in sourcing and evaluation processes for organizations.
- Headquarters Waterloo, Canada
- SectorsTechnology
- Website gobonfire.com
- Social LinkedIn X
- Acquired by GTY (Sep 2018)
- Legal Name Euna Solutions
Products & Services of Bonfire Interactive
Bonfire Interactive offers a comprehensive portfolio of products and services, including Bonfire Platform, Shared RFP Samples, Intake and Approvals, Solicitation Builder, and RFP Auto-scoring.
Comprehensive tool for end-to-end procurement processes and automation.
Access to templates for faster project creation and market entry.
System for collecting requests and managing stakeholder collaborations.
Platform to store and collaborate on procurement documents securely.
Automated scoring system for efficient RFP evaluations and decisions.
Funding Insights of Bonfire Interactive
Bonfire Interactive has successfully raised a total of $8.12M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in June 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8.12M
- Total Rounds 3
- Last Round Series A — $8M
- Investors Count 5
All 3 funding rounds of Bonfire Interactive with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | $8M | Series A | – | Battery Ventures | |
| Mar 2015 | $120,000 | Seed | – | – | |
| Dec 2014 | – | Seed | – | Accelerator Centre | – |
6 investors in total: 6 institutional.
Investors in Bonfire Interactive
Bonfire Interactive has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include GTY, Battery Ventures and Crosslink Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in technology companies are conducted globally by Battery Ventures. | – | battery.com | - | |
Venture capital is invested in various sectors by Crosslink Capital. | – | crosslinkcapital.com | San Francisco, United States | |
Venture capital firm focused on SaaS companies | – | spidercapital.com | San Francisco, United States | |
Startups are built and accelerated in a structured studio environment. | – | acceleratorcentre.com | Waterloo, Canada | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Citizen engagement and resource management software for government is provided. | 2016 | gtytechnology.com | Las Vegas, United States |
Investor details for Bonfire Interactive
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People of Bonfire Interactive
1 people are tracked at Bonfire Interactive (1 in leadership).
| Name | Role | Group |
|---|---|---|
Omar Salaymeh | Chief Executive Officer | Leadership |
Complete people profiles for Bonfire Interactive
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Timeline of Bonfire Interactive
4 dated milestones of Bonfire Interactive across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Bonfire Interactive is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $8.0M.
- Exit Acquired by GTY.
Competitors of Bonfire Interactive
Bonfire Interactive has 10 listed competitors in our database, 9 of them funded. They include Tipalti, Sage Group, MineralTree, Coupa and Airbase, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| sage.com | 1981 | United States | – | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | |
| mineraltree.com | 2010 | Cambridge, United States | $123.38M | 26 | Cloud-based accounts payable automation is delivered for businesses. | |
| coupa.com | 2006 | San Mateo, United States | $169M | 643 | Cloud-based end-to-end spend management software is delivered for businesses. | |
| airbase.com | 2017 | San Francisco, United States | $90.5M | 77 | Procure-to-pay management software is offered for business operations. | |
| emburse.com | 2002 | San Francisco, United States | $7.25M | 9 | Corporate cards and expense management are offered to businesses. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| procurify.com | 2012 | Vancouver, Canada | $82.49M | – | SaaS spend management software is used to automate procure-to-pay operations. | |
| ivalua.com | 2000 | Redwood, United States | $134.45M | 236 | Procurement management solutions are delivered for business operations. | |
| chromeriver.com | 2007 | Los Angeles, United States | $155M | 277 | Cloud-based expense reporting & invoice management solutions for businesses |
Detailed competitors of Bonfire Interactive
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- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Bonfire Interactive
The website of Bonfire Interactive (gobonfire.com) receives about 6.4K visits a month.
- Monthly visits6.4K
▲ 9.4% vs previous month
Websites whose visitors overlap most with Bonfire Interactive. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| techcrunch.com | 100% | 8.3M | #10,239 | View details | |
| google.com | 95% | 85.8B | #1 | View details | |
| linkedin.com | 84% | 1.9B | #18 | View details | |
google.ca | google.ca | 75% | – | – | – |
| bonfire.com | 41% | 1.2M | #42,185 | View details |
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as Bonfire Interactive (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Related news about Bonfire Interactive
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Frequently Asked Questions about Bonfire Interactive
Bonfire Interactive was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Bonfire Interactive is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Bonfire Interactive is a funded company, having raised a total of $8.12M across 3 funding rounds to date.
Bonfire Interactive was established in 2011 in Waterloo, Canada, within the procurement software sector. A supplier sourcing solution is delivered through an RFx tool, by which purchasing teams can accept and assess supplier submissions. RFP, RFQ, RFSQ, bid, tender, and related purchasing projects are streamlined as a result. Operations center on enhancing efficiency in sourcing and evaluation processes for organizations.
Bonfire Interactive's top competitors include Coupa, Sage Group and Airbase.
Bonfire Interactive offers Bonfire Platform, Shared RFP Samples, Intake and Approvals, Solicitation Builder, and RFP Auto-scoring.
Bonfire Interactive has 6 investors. Key investors include GTY, Battery Ventures, Crosslink Capital, Spider Capital, and Accelerator Centre.
Bonfire Interactive operates through Euna Solutions.
Yes. Bonfire Interactive was acquired by GTY in September 2018.