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Coupa

Coupa

Private
San Mateo, CaliforniaEnterprise Softwarehttps://www.coupa.com/

Last Round

Take Private

Feb 28, 2023

Est. Valuation

$8B

Total Funding Raised

$1.55B

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Coupa is a business spend management company that offers a cloud-based platform for procurement, invoicing, expense management, and supply chain optimization.

Sector

Enterprise Software

Verticals

Supply Chain, Accounting & Expense, Digital Payments, Workflow Automation, Compliance & Risk

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting, Payment Processing Fee

AI Layer

Application

Keywords

business spend managementBSMprocurement softwareaccounts payable automationspend managementagentic AIautonomous procurementsupply chain designinvoice processingAI agentsexpense managementstrategic sourcingprocure-to-payP2Pspend orchestrationoutcome-based pricingintelligent intake

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Coupa Comparables

Compare Coupa with similar companies based on industry and business-model similarity.

Coupa comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Ivalua
87%
Zycus
84%
JAGGAER
83%

Coupa Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Take PrivateFeb 28, 2023
Convertible DebtJun 15, 2020
IPOOct 6, 2016
Series GJun 1, 2015
Series FMar 20, 2014
Series E
May 10, 2012

Key People

Founding team and executive leadership

Leagh Turner

CEO, Board of Directors

Executive Team

李璐

ceo

Executive Team

Ramana Lokanathan

Chief Technology Officer

Executive Team

Carl Rosenberg

CPO

Executive Team

Coupa Investors

Notable investors and investment history

Coupa investors
InvestorRounds
ICONIQ CapitalSeries F, Series G
Morgan Stanley & Co., LLCIPO
Crosslink CapitalSeries G, Series F, Series E
Barclays Capital Inc.IPO
Mohr Davidow VenturesSeries E, Series F, Series D
El Dorado VenturesSeries D, Series G, Series E, Series F, Series C
Northgate CapitalSeries F

Market signals

Structured signals derived from secondary market and firmographic data.

  • Oct 7, 2025

    AI spend-management platform acquired supplier-discovery firm Scoutbee.

  • Oct 6, 2016

    $153M raised with lead investors Barclays, J.P. Morgan, and Morgan Stanley.

Coupa Filings

Explore SEC and related filing metadata, where available.

Coupa filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Coupa's valuation, stock price, and market status.

Is Coupa a public or private company?

Coupa is a private company.

What is the current stock price of Coupa?

Coupa is a private company with no public stock price. No recent secondary market data is available.

How much is Coupa worth (valuation)?

Coupa's valuation is estimated at $8.0B based on funding round data.

Can I buy Coupa stock?

Coupa shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Coupa's last funding round?

Coupa's most recent funding round was Take Private on February 28, 2023.

Who are the main investors in Coupa?

Key investors in Coupa include ICONIQ Capital, Morgan Stanley & Co., LLC, Crosslink Capital, Barclays Capital Inc., Mohr Davidow Ventures.

Will Coupa IPO soon?

No public IPO plans have been announced for Coupa.

How can I track Coupa secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Coupa's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSan Mateo, California
Employee Range2,232
Year Founded2006
Last FundingFeb 28, 2023

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