Concur - About the company
Concur is an acquired company based in Bellevue (United States), founded in 1988 by Michael Hilton. It operates as a Provider of travel, expense, and invoice management solutions for businesses. Concur has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 983 active competitors, including 161 funded and 130 that have exited. Its top competitors include companies like Coupa, Brex and Ramp.
Company Details
Provider of travel, expense, and invoice management solutions for businesses. The company offers tools for expense reporting, travel booking, and accounts payable automation. It provides features such as spend tracking, policy compliance, and data analytics. The platform integrates with other systems to streamline financial processes.
- Social
- Phone Number
- +1 **********
- Registered Address
- Bellevue, Washington
Key Metrics
Founded Year
1988
Location
Bellevue, United States
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Sep 18, 2014
Ranked
10th among 983 active competitors
Annual Revenue
₹324Cr as on Mar 31, 2025
Employee Count
6,614 as on Jan 31, 2026
Exit Details
Acquired by SAP (Sep 18, 2014)
Legal entities associated with Concur
Concur is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CONCUR TECHNOLOGIES, INC CIN: 911608052 , United States, Active | Dec 31, 1999 | - | 3790 (As on Dec 31, 2020) | - |
CONCUR TECHNOLOGIES (INDIA) PRIVATE LIMITED CIN: U72900KA2010PTC055286 , India, Active | Sep 23, 2010 | $38.3M (As on Mar 31, 2025) | 578 (As on Mar 31, 2024) |
Concur's acquisition details
Click here to take a look at Concur's acquisition in detail
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Concur's funding and investors
Concur has raised funding over 4 rounds. Its first funding round was on 2003. Concur has 9 institutional investors.
Here is the list of recent funding rounds of Concur:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 24, 2011 | 2837075 | Post IPO | 6278669 | 4981929 | 4310041 | 6377308 |
Aug 01, 2009 | 2227172 | Post IPO | 1785097 | 5896645 | 6153081 | 8152231 |
Aug 01, 2008 | 9637460 | Post IPO | 8371539 | 5078396 | 4244580 |
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Concur's founders and board of directors
Founder? Claim ProfileThe founders of Concur is Michael Hilton.
Here are the details of Concur's key team members:
- Michael Hilton: Co-founder/CEO/CTO/Chief Product Officer of Concur.
View details of Concur's Founder profiles and Board Members
Concur's employee count trend
Concur has 6,614 employees as of Jan 26. Here is Concur's employee count trend over the years:
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Concur's Competitors and alternates
Top competitors of Concur include Coupa, Brex and Ramp. Here is the list of Top 10 competitors of Concur, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Coupa 2006, San Mateo (United States), Acquired | Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend | $169M | 87/100 | |
2nd | Brex 2017, Draper (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 85/100 | |
3rd |  Ramp 2019, New York City (United States), Series E | Provider of a platform for spend management, corporate cards, and payables | $2.44B | 85/100 | |
4th |  Navan 2015, Palo Alto (United States), Public | Provider of a platform for business travel and expense management | $1.58B | 80/100 | |
5th | Provider of spend management platform with virtual and physical card options | $434M | 80/100 | ||
6th | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | $307M | 77/100 | ||
7th | Provider of software for managing corporate spending and invoice processing | $304M | 76/100 | ||
8th |  Fyle 2016, Newark (United States), Acquired | Provider of expense management software automating receipt tracking and reconciliation | $15.4M | 76/100 | |
9th |  Emburse 2002, San Francisco (United States), Acquired | Provider of travel, expense, payment, invoice, and automation management solutions | $7.5M | 76/100 | |
10th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 76/100 |
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Concur's Investments and acquisitions
Concur has made 14 investments in companies including Cleartrip and StayNTouch. Concur has also acquired 7 companies including Hipmunk and TRX.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 13, 2016 | Acquisition | 2010 | San Francisco (United States) | |
Jun 20, 2016 | Investments | 2006 | Bengaluru (India) | |
Feb 03, 2016 | Investments | 2012 | Bethesda (United States) |
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Reports related to Concur
Here is the latest report on Concur's sector:
News related to Concur
Filter this listMedia has covered Concur for a total of 10 events in the last 1 year, 6 of them have been about partnerships and 3 about company updates.
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ezCater Announces Enterprise Integration with Concur ExpenseBusiness Wire•Apr 28, 2026•ezCater, Concur
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SAP Concur & Amex GBT expand Complete travel platformChannelLife•Mar 27, 2026•American Express Global Business Travel, Concur, American Express
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Engine Brings Expanded Hotel Selection and Expense Integration to SAP ConcurBusiness Wire•Mar 18, 2026•Engine, Concur
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Smartsheet Appoints Scott Torrey as CRO to Lead Global Enterprise ExpansionWorld Business Outlook•Dec 02, 2025•Smartsheet, Concur
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Freenow by Lyft integrates with Concur ExpenseBusiness Travel News Europe•Nov 17, 2025•FREE NOW, Concur
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Amex GBT partners with SAP Concur for intelligent travel experienceTravel Daily Media•Oct 07, 2025•American Express Global Business Travel, Concur
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Concur integrates Gekko’s hotel distribution technologyBusiness Travel News Europe•Sep 08, 2025•Gekko Management, Concur
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