![]() ![]() In February 2015, Coupa acquired the assets of ZenPurchase, an enterprise procurement software company, as well as acquiring InvoiceSmash, an e-invoicing vendor, and TripScanner, an open booking vendor, in July. Also in 2014, the company expanded globally, announcing new operations in Dublin, Ireland. In May, Ariba, a unit of SAP and a competitor of Coupa, filed a lawsuit alleging that Coupa misappropriated Ariba trade secrets. In 2014, The Forrester Wave named Coupa a market leader. In September 2009, Coupa secured a $7.5 million Series C funding round. Rob Bernshteyn took over as Coupa's CEO in February 2009. History ĭave Stephens and Noah Eisner founded Coupa in 2006. ![]() It was taken private by Thoma Bravo in February 2023. In 2016, Coupa Software went public on the Nasdaq, trading as COUP. Coupa helps companies gain visibility into and control over how they spend money, optimize supply chains, and manage liquidity. The company is headquartered in San Mateo, California with offices throughout Europe, Latin America, and Asia Pacific. ![]() All rights reserved.Coupa Software is a global technology platform for Business Spend Management (BSM). and internationally, and is used herein with permission. Gartner, Magic Quadrant are registered trademarks of Gartner, Inc. The Gartner document is available upon request from SAP. as part of a larger research document and should be evaluated in the context of the entire document. This graphic was published by Gartner, Inc. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner, Magic Quadrant for Enterprise Integration Platform as a Service, By Eric Thoo, Keith Guttridge, Bindi Bhullar, Shameen Pillai, Abhishek Singh, 29 September, 2021. ![]()
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