![]() ![]() In the last twelve months, Coupa generated $818m in revenues with 1,730 customers generating over $100k in ACV and registered -$272m in operating profit. It has 4 core modules which are (i) travel & expense management, (ii) procurement management, (iii) AP management and (iv) payments. spendings not related to the production of products or services sold by the company) under control. It’s a business spend management platform which helps businesses keep their indirect spending (i.e. Rowe Price before becoming a public company in 2016. The acquisition became a perfect excuse to spend even more time digging into the company.Ĭoupa is a US-based company started in 2006 which raised $165m in the private market from investors like Blue Run, Battery, Mohr Davidow Ventures or T. When the acquisition occurred, I was looking at Coupa’s model because I was looking at verticalized procurement solutions. ![]()
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