Coupa Software

Coupa Software

Cloud-based spend management and procurement solutions

About Coupa Software

Simplify's Rating
Why Coupa Software is rated
B-
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Enterprise Software

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Mateo, California

Founded

2006

Overview

Company Historically Provides H1B Sponsorship

Coupa Software provides a cloud-based platform for spend management and procurement solutions. Its suite of tools helps businesses manage their expenditures by integrating procurement, invoicing, and expense management into one system. This integration reduces inefficiencies that occur when these processes are handled separately. Coupa serves a wide range of clients, from large enterprises to mid-sized companies, across various industries. The company operates on a subscription-based model, allowing clients to pay a recurring fee for access to its tools, which can be scaled as needed. Coupa differentiates itself from competitors by offering a user-friendly interface that resembles online shopping, which encourages high user adoption and satisfaction. The goal of Coupa Software is to help businesses control costs and improve financial efficiency through its comprehensive platform.

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Simplify's Take

What believers are saying

  • Coupa's acquisition of Cirtuo enhances its AI-powered category management capabilities.
  • Partnership with Adflex boosts Coupa's B2B payment automation offerings.
  • Recognition as a leader in AI-enabled Source to Pay strengthens Coupa's market position.

What critics are saying

  • Increased competition from AI-driven solutions like Pairsoft and Infosys.
  • Potential challenges in integrating Adflex's virtual card technology.
  • Rapid AI adoption by enterprises may outpace Coupa's current capabilities.

What makes Coupa Software unique

  • Coupa integrates procurement, invoicing, and expense management into a single platform.
  • The company offers AI-driven spend management solutions for real-time financial visibility.
  • Coupa's user-friendly interface ensures high adoption and customer satisfaction.

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Funding

Total Funding

$8352.2M

Above

Industry Average

Funded Over

10 Rounds

Notable Investors:
Buyout funding comparison data is currently unavailable. We're working to provide this information soon!
Buyout Funding Comparison
Coming Soon

Benefits

Insurance Package

Family Support

Legal Assistance

Student Loan Assistance

Employee Assistance

Discounts

Stock Price

Company News

eNews Park Forest
Jul 1st, 2025
Coupa Named a Leader in the IDC MarketScape: Worldwide AI-Enabled Source to Pay 2025 Vendor Assessment

Coupa named a Leader in the IDC MarketScape: Worldwide AI-Enabled Source to Pay 2025 Vendor Assessment.

Financial IT
Jun 18th, 2025
Adflex and Coupa Partner to Enhance and Automate Virtual Card B2B Payments

Adflex's unique virtual card reader technology is now integrated into Coupa's platform, enabling enhanced buyer-initiated B2B payments for Coupa customers.

PYMNTS
Jun 13th, 2025
Pairsoft Adds Ai Agents To Accounts Payable Automation Solutions

The AI agents are designed to reduce manual work in general-ledger (GL) coding, purchase-order (PO) matching and invoice-approver functions, the company said in a Tuesday (June 10) press release. They do so by automatically filling in GL codes based on historical invoice data from the team using the solution, automatically retrieving PO matches at the line level and automatically assigning invoice approvers within a user group based on historical data, according to the release. “These smaller tasks often impede finance teams’ ability to focus on larger initiatives, so AI is the ideal solution to streamline decision-making,” Deepti Vedala, director of global AI at PairSoft, said in the release

PYMNTS
Jun 2nd, 2025
68% Of Cfos Are Willing To Invest In Real-Time Spend Visibility

Artificial intelligence is reshaping corporate finance, with accounts payable (AP) functions at the forefront of the transformation. The PYMNTS Intelligence report “Smart Spending: How AI Is Transforming Financial Decision Making,” a collaboration with Coupa, quantifies how enterprises are using AI, as well as the perceived opportunities and challenges surrounding its adoption, particularly within the AP function. AI is already altering how companies manage their finances, improving areas like payment processing, expenditure visibility and operational efficiency. The report’s insights are based on a survey of 60 chief financial officers at firms in the United States that generated at least $1 billion in revenue last year. Conducted from Feb. 6 to Feb

PYMNTS
May 30th, 2025
Infosys Adds Ai Agents For Invoice Processing To Ap Platform

Infosys’ business process management arm, Infosys BPM, has added artificial intelligence agents for invoice processing to its Infosys Accounts Payable on Cloud solution. This solution makes invoice processing largely autonomous to enhance efficiency and accuracy, the company said in a Friday (May 30) press release. The solution includes the capabilities of the suite of generative AI services, solutions and platforms called Infosys Topaz, as well as Microsoft’s AI stack, including Azure AI Foundry and other large language models (LLMs), according to the release

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