Bonfire

Bonfire, headquartered in Ontario, Canada, operates within the B2B sector, specifically focusing on finance and accounting for procurement needs. As a participant of the Y-Combinator batch W15, Bonfire has established itself as a significant player in the procurement technology landscape, particularly for government entities. The company offers a comprehensive cloud-based platform designed to streamline the entire Request for Proposal (RFx) and bidding process while providing robust evaluation features to enhance decision-making in supplier selection. Bonfire’s platform is trusted with managing over a billion dollars worth of supplier selection decisions each month, highlighting its reliability and scale.

The company serves more than 600 public procurement teams across various regions including Canada, America/Canada, and offers remote and partly remote working options. Bonfire’s platform includes features such as Intake and Approvals, Solicitation Builder, RFP Auto-scoring & Evaluations, Price-Only Bids, and Contract Management. Additionally, it supports vendor diversity and ensures compliance with top-tier security features. Bonfire has been recognized by multiple industry awards from organizations like Spend Matters, Gov Tech, SaaS Awards, and the Stevie Award, underscoring its innovation and impact in the procurement field.

Beyond its core offerings, Bonfire provides a wealth of resources aimed at educating and supporting its users. These include free RFP templates, eBooks, reports, webinars, and a strategic sourcing blog offering industry insights. The company also hosts a podcast featuring stories from the frontlines of public procurement and provides a client training hub, a knowledge base for customer support, and a learning hub with resources tailored to various sectors such as commercial, healthcare, higher education, and public utilities. Bonfire’s commitment to enhancing the procurement process and its comprehensive support resources make it a key resource for government procurement teams looking to optimize their operations.