Coupa Software Incorporated
Coupa Software provides an AI-driven platform for total spend management and supply chain optimization. The company's core mission is to empower businesses to gain comprehensive visibility into and control over their spending, streamline supply chains, and effectively manage cash flow, ultimately aiming to enhance operating margins. Headquartered in Foster City, California, Coupa maintains a global presence with offices across Europe, Latin America, and Asia Pacific.
The company's cloud-based platform offers a comprehensive suite of solutions, including procurement, sourcing, contract management, invoicing, payments, expense management, and supply chain design and planning. Coupa leverages community-generated AI and a vast dataset of business spend, exceeding $7 trillion, to deliver actionable insights, automate processes, and drive smarter business decisions. Its offerings cater to a diverse clientele, ranging from small and midsize businesses to Fortune 500 enterprises, across various industries.
Coupa Software transitioned from a publicly traded company on NASDAQ (formerly ticker COUP) to a privately held entity in February 2023, following its acquisition by private equity firm Thoma Bravo for $8 billion. Leagh Turner assumed the role of CEO in November 2023. Recent strategic initiatives include the launch of AI-driven features such as Coupa Navi and Contract Intelligence, alongside acquisitions like Cirtuo and Scoutbee, aimed at bolstering its AI-powered category management and supplier intelligence capabilities. The company continues to receive recognition as a leader in business spend management and source-to-pay suites from prominent industry analysts.
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