Coupa
PrivateLast Round
Take Private
Feb 28, 2023
Est. Valuation
$8B
Total Funding Raised
$1.55B
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Coupa operates in Enterprise Software and is based in San Mateo, California. Its latest recorded funding round was a Convertible Debt round in June 2020.
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
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Coupa Comparables
Compare Coupa with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Ivalua | 87% | |
| Zycus | 84% | |
| JAGGAER | 83% |
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Coupa Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Take Private | Feb 28, 2023 | ||||
| Convertible Debt | Jun 15, 2020 | ||||
| IPO | Oct 6, 2016 | ||||
| Series G | Jun 1, 2015 | ||||
| Series F | Mar 20, 2014 | ||||
Series E | May 10, 2012 |
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Key People
Founding team and executive leadership
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Coupa Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| ICONIQ Capital | Series F, Series G |
| Morgan Stanley & Co., LLC | IPO |
| Crosslink Capital | Series G, Series F, Series E |
| Barclays Capital Inc. | IPO |
| Mohr Davidow Ventures | Series E, Series F, Series D |
| El Dorado Ventures | Series D, Series G, Series E, Series F, Series C |
| Northgate Capital | Series F |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Nov 10, 2026
Coupa Pay achieved 58% year-over-year payment growth.
- Nov 2, 2026
Open roles increased from 0 to 1,003, representing 26% of headcount.
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Recent news
Latest coverage and updates
- has_revenue_increased_byNov 10, 2026
Coupa Software Incorporated records transaction revenue growth exceeding 50% year-on-year for five consecutive quarters.
- launchesNov 10, 2026
In Nov '26, Coupa Software Incorporated introduces artificial intelligence agents that automate invoicing, supplier payments and financial operations.
- attends_eventNov 10, 2026
Coupa Software Incorporated holds Coupa Connects Lisbon 2026 on Nov 17th '26 at EPIC SANA Lisboa in Portugal, bringing executives together to discuss artificial intelligence in purchasing.
- recognized_asOct 27, 2026
Forrester recognizes Coupa Software as a Leader in The Forrester Wave(TM): Supplier Value Management (SVM) Platforms, Q4 '26 report.
- hiresOct 21, 2026
Coupa Software appoints Yasuo Kuroki as Account Director in Japan; he joins the company in Dec '22 and focuses on large enterprise accounts and business spend management.
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Coupa Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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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, so its shares have no public market price. Caplight tracks Coupa's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
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.
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 in Coupa's shares on secondary markets.