Public Company Software

Coupa

Foster City, California, United States

Coupa is the leader in AI-native total spend management. Using its trusted, community-generated $8 trillion dataset, Coupa brings autonomous AI agents, a network of 10M+ buyers and suppliers, and leading apps together on one unified platform to seamlessly automate the buying process and connect with customers.

Focus Areas
Total spend management, Procurement, Sourcing
Website
coupa.com

Tracked deals

5

5 tracked deals across 2019-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

5 buyout

Coupa Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Coupa. 1 2019 2 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Coupa
    Target
    Tonkean
    Industry
    Cloud & SaaS
    Type
    Buyout

    Coupa, a cloud-native agentic trade network for autonomous spend management, announced its acquisition of Tonkean, an AI-native intake and orchestration platform, on May 21, 2026. The deal is intended to strengthen Coupa’s “Agentic-as-a-Service” capabilities by enabling multi-agent orchestration and agent-to-agent coordination across buyer and supplier workflows.

  • May 13, 2026
    Buyer
    Coupa
    Target
    Rossum
    Industry
    Cloud & SaaS
    Location
    United Kingdom
    Type
    Buyout

    Coupa announced it has acquired Rossum, an AI-first intelligent document processing (IDP) provider. The deal extends Rossum’s transactional large language model–powered document automation across Coupa’s source-to-pay platform to support more autonomous invoicing and spend management workflows.

  • Buyer
    Coupa
    Target
    Scoutbee
    Industry
    Cloud & SaaS
    Location
    United States
    Type
    Buyout

    Coupa, the AI platform for total spend management, signed a definitive agreement to acquire Scoutbee, an AI-powered supplier discovery platform and network. The combined offering will integrate Scoutbee’s AI search, supplier network and dataset, and collaboration tools with Coupa’s platform and 10M+ buyer-supplier ecosystem, aiming to improve supplier discovery, onboarding, and transactions.

  • Buyer
    Coupa
    Target
    Cirtuo
    Industry
    Software
    Location
    Zagreb, Croatia
    Type
    Buyout

    Coupa has acquired Croatia-based Cirtuo, an AI-powered category management software provider, to accelerate Coupa's autonomous spend management vision and extend its Strategic Sourcing capabilities. The acquisition integrates Cirtuo's category strategy, supplier strategy, and initiative management features into Coupa's Total Spend Management platform to drive AI-enabled category management and improved sourcing outcomes.

  • Buyer
    Coupa Software
    Target
    Exari
    Industry
    Software
    Type
    Buyout

    Coupa Software completed the acquisition of Exari, a contract lifecycle management (CLM) provider, to integrate advanced CLM capabilities into the Coupa Business Spend Management (BSM) platform. The strategic buyout (reported at approximately $215 million in cash) expands Coupa's contract management functionality and enables tighter operationalization of contracts across spend transactions.

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