75M NOK
Revenue FY25
17%
REVENUE CAGR FY20–25
65–70%
AVERAGE GROSS MARGIN
The opportunity
A small reused segment is growing into a structural market.
Founded in 2002, Movement has developed from a small resale operation into a nationwide B2B reuse platform combining sourcing, refurbishment, warehousing, logistics, installation and resale.
NOK 12bn
Total Scandinavian office furniture market (2021)
~ NOK 0.7bn
Estimated current used office furniture market (2021)
NOK 2.7bn
Forecast used office furniture market by 2030
(15% Growth)
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The circular model
Value is created at every step of the reuse loop.
Movement turns fragmented supply and demand for used furniture into a professional, repeatable B2B service.
Bankability indicators
From Founder-Led Resale to a Scalable Circular Platform
Ignite’s investment followed a proven business model and structural market growth, with a clear opportunity to professionalise the organisation, strengthen operational infrastructure and build the capabilities needed to scale.
Proven profitability
and
demand
Scalable
economics
Integrated
infrastructure
creates a competitive edge
”Movement combines a proven, profitable model with strong structural tailwinds. The team has built a scalable business, and a good example of circularity being a strong business case, not just an ambition.”
Managing Partner and CIO, Ignite Capital