Coupa - About the company
Coupa is an acquired company based in San Mateo (United States), founded in 2006 by Dave Stephens and Noah Eisner. It operates as a Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend. Coupa has raised $169M in funding from investors like Mohr Davidow Ventures, Battery Ventures and Meritech, with last known valuation of $8B. The company has 842 active competitors, including 138 funded and 106 that have exited. Its top competitors include companies like Zaggle, Bizongo and Concur.
Sectors and market segments that Coupa operate in
Coupa serves in the FinTech market segments.The primary business model of Coupa is:Company Details
Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend. It features solutions for spending management, procurement invoice automation, sourcing, travel and expense management, inventory optimization, contract management, spend analysis, data visualization, payment automation, compliance, and supplier management. It caters to multiple sectors like healthcare, hospitality, life sciences, and manufacturing.
- Website
- www.coupa.com/
- Social
- Email ID
- *****@coupa.com, *****@coupa.com
- Registered Address
- 3 FORBURY PLACE,23 FORBURY ROAD,READING,ENGLAND,RG1 3JH
Key Metrics
Founded Year
2006
Location
San Mateo, United States
Stage
Acquired
Total Funding
$169M in 10 rounds
Latest Funding Round
Last Known Valuation
$8B as on Dec 12, 2022
Investors
Ranked
1st among 842 active competitors
Annual Revenue
$500M - $1B as on Jan 31, 2022
Employee Count
3,711 as on May 31, 2026
Exit Details
Acquired by Thoma Bravo (Dec 12, 2022)
Legal entities associated with Coupa
Coupa is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Coupa Software Incorporated CIN: 204429448 , United States, Active | Feb 16, 2006 | - | 1248 (As on Dec 31, 2023) | - |
COUPA SOFTWARE INDIA PRIVATE LIMITED CIN: U74999PN2015FTC156327 , India, Active | Aug 27, 2015 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 643 (As on Oct 31, 2024) | |
COUPA SOFTWARE UK LIMITED CIN: 4678656 , United Kingdom, Active | Feb 25, 2003 | £10M - £50M (As on Jan 31, 2022) | 192 (As on Jan 31, 2023) | |
COUPA SOFTWARE INC CIN: 1385867 , United States, Active | Feb 16, 2006 | $500M - $1B (As on Jan 31, 2022) | - | - |
Coupa's acquisition details
Coupa got acquired by Thoma Bravo and General Atlantic on Dec 12, 2022 at an acquisition amount of $*****.
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Coupa's funding and investors
Coupa has raised a total funding of $169M over 10 rounds. Its first funding round was on Mar 14, 2007. Coupa has 20 institutional investors.
Here is the list of recent funding rounds of Coupa:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 11, 2020 | $1.38B | Post IPO | - | - | - | - |
Jun 17, 2019 | $805M | Post IPO | - | - | - | - |
Jan 2018 | $230M | Post IPO | - | - | - | - |
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Coupa's founders and board of directors
Founder? Claim ProfileThe founders of Coupa are Dave Stephens and Noah Eisner.
Here are the details of Coupa's key team members:
- Dave Stephens: Former Co-Founder of Coupa and founder of 2 other companies, FreeAgent CRM and FreeAgent. Contact Info: 2 email addresses
- Noah Eisner: Founder, VP of Product Development of Coupa.
- Leagh Turner: CEO of Coupa.
View details of Coupa's Founder profiles and Board Members
Coupa's employee count trend
Coupa has 3,711 employees as of May 26. Here is Coupa's employee count trend over the years:
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Coupa's Competitors and alternates
Top competitors of Coupa include Zaggle, Bizongo and Concur. Here is the list of Top 10 competitors of Coupa, 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 | 86/100 | |
2nd | Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows | $13.7M | 83/100 | ||
3rd | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | $307M | 77/100 | ||
4th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
5th |  Tipalti 2010, Foster City (United States), Series F | Cloud-based procurement and invoice management solutions for businesses | $553M | 73/100 | |
6th | Airbase 2017, San Francisco (United States), Acquired | Provider of a platform integrating human resources, finance, and information technology | $91M | 72/100 | |
7th | GEP 1999, Clark (United States), Unfunded | Cloud-based procurement-to-pay solutions | - | - | 69/100 |
8th | SaaS-enabled end-to-end spend management software | $82.5M | 69/100 | ||
9th |  Vertice 2021, London (United Kingdom), Series C | AI-powered platform for modern finance and procurement teams | $101M | 68/100 | |
10th |  Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 68/100 |
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Coupa's Investments and acquisitions
Coupa has made 4 investments in companies including Zylo and Rheaply. Coupa has also acquired 26 companies including Tonkean and Rossum.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 21, 2026 | Acquisition | 2015 | Tel Aviv (Israel) | |
May 13, 2026 | Acquisition | 2017 | London (United Kingdom) | |
Oct 06, 2025 | Acquisition | 2015 | Wurzburg (Germany) |
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Reports related to Coupa
Here is the latest report on Coupa's sector:
News related to Coupa
Filter this listMedia has covered Coupa for a total of 27 events in the last 1 year, 14 of them have been about company updates and 3 about partnerships.
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Coupa Unveils Largest Release to Date with AI Agents Accelerating Spend CapabilitiesGlobal Fintech Series•Aug 21, 2026•Coupa
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UK AI funding skyrocketed in first half of the yearUKTN•Aug 11, 2026•Wayve, Seldon, Ineffable, FluidStack and 12 others
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Coupa Named Customers' Choice in Gartner Peer Insights Voice of the Customer for Source-to-Pay SuitesMarTech Series•Aug 05, 2026•Coupa
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Viewpost Recognized as Coupa Pay Digital Payments Partner of the YearGlobal Fintech Series•May 15, 2026•Viewpost, Coupa
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Coupa and Celonis Collaborate to Enhance Autonomous Spend Management with Process IntelligenceWebDisclosure•May 13, 2026•Celonis, Coupa
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Coupa bets big on AI, optimization for volatile supply chainsFreightWaves•May 13, 2026•Coupa, Rossum
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Trustpair and Coupa Expand Partnership to Help Enterprises Prevent AI-Driven Vendor Payment FraudBusiness Wire•Apr 28, 2026•Trustpair, Coupa
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