# Coupa

> Coupa provides cloud software that connects business sourcing, procurement, invoices, expenses, payments and supply chain decisions. Its customers use a shared platform and transaction-based intelligence to manage suppliers, enforce buying policies and understand spending. Founded in 2006, it became privately owned in an approximately $8 billion Thoma Bravo transaction completed in 2023.

- **Founded:** 2006
- **Headquarters:** Foster City, United States
- **Founders:** Dave Stephens (Co-founder; original CEO), Noah Eisner (Co-founder)
- **Products:** Coupa Procurement, Coupa Invoicing, Coupa Expenses, Coupa Pay, Coupa Strategic Sourcing
- **Notable:** AstraZeneca transformation reported more than 98% compliant spend, up from approximately 50%., Completed an approximately $8 billion take-private in February 2023., Reported a $10 trillion transaction dataset and more than 11 million buyers and suppliers in July 2026.

## Products & services

- **Coupa Procurement** — Purchase requests, approvals, purchase orders and buying channels.
- **Coupa Invoicing** — Digital supplier invoicing and accounts payable workflows.
- **Coupa Expenses** — Employee expense submission and management.
- **Coupa Pay** — Digital payment capabilities, early payment discounts and virtual card optimization.
- **Coupa Strategic Sourcing** — Sourcing events and bid optimization.
- **Coupa Contract Management** — Contract lifecycle management and intelligence.
- **Coupa Supply Chain Design and Planning** — Network modeling and cost, service and resilience planning.
- **Coupa Supplier Portal** — Supplier orders, invoices, catalogs and transaction visibility.
- **Coupa Navi** — AI agents and assistance for spend-management workflows.
- **Tonkean intake and orchestration** — Acquired workflow orchestration and no-code process-building capabilities.

## Achievements

- AstraZeneca transformation reported more than 98% compliant spend, up from approximately 50%.
- Completed an approximately $8 billion take-private in February 2023.
- Reported a $10 trillion transaction dataset and more than 11 million buyers and suppliers in July 2026.
- Reported ISO 42001 certification in its FY26 sustainability announcement.

## Latest updates

- **2026-08** — Mike Lipps became interim CEO after Leagh Turner stepped away for personal reasons; confirmed by owner Thoma Bravo’s current portfolio page.
- **2026-07** — FY26 sustainability announcement reported a $10 trillion dataset, more than 11 million buyers and suppliers, and over $320 billion in lifetime customer savings; all are company-reported.
- **2026-05** — Acquired Tonkean for intake and orchestration and Rossum for intelligent document processing.
- **2026-04** — Announced a five-year AWS strategic collaboration.

## Links

- Website: https://www.coupa.com/
- LinkedIn: https://www.linkedin.com/company/coupa-software/
- Twitter/X: https://x.com/Coupa
- YouTube: https://www.youtube.com/user/CoupaSoftware
- Facebook: https://www.facebook.com/CoupaSoftware

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Published by YesPress — https://yespress.io
Last updated: 2026-10-23