Unlike other finance management software vendors, Coupa directs its internal salespeople to go after companies and organizations with more than 1, employees. Revenue for that quarter was up 66 percent year over year. The company had employees and customers as of July Investors include T. Coupa was on our list of 36 tech companies that could go public in VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact.
Learn more about membership. Join AI and data leaders for insightful talks and exciting networking opportunities in-person July 19 and virtually July We may collect cookies and other personal information from your interaction with our website. For more information on the categories of personal information we collect and the purposes we use them for, please view our Notice at Collection. Events Upcoming Media Partner Webinars. Coupa has granted the underwriters a day option to purchase up to 1,, additional shares to cover over-allotments, if any.
The offering is being made only by means of a prospectus. A registration statement relating to these securities was filed with, and declared effective by, the U. Securities and Exchange Commission on October 5, This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Coupa Software Incorporated provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. Community Community.
Community Community. Find, learn, hear our customers stories and their successes See Success Stories. Explore Technology Partners Learn More. See the Coupa BSI. Visit Coupa. Press Release Press Releases Home. About Coupa Software Incorporated Coupa Software Incorporated provides a unified, cloud-based spend management platform that connects organizations with suppliers globally. Coupa operates on a subscription-based model, charging its customers based on the number of users needed by the organization.
The company does not disclose pricing or detailed financials, but has revealed that it had record revenues in Q3 Todd has helped his former employers MobileIron and Rackable Systems go public under his guidance. A traditional ERP is focused on the back-end processes and does not necessarily extend to the business as a whole. Coupa therefore provides applications that are able to provide spend management functions within the ERP itself. It can integrate to one or many ERPs through its open API and connectors within a short time and allows enterprise users to feed data directly into the system from their mobile phones.
Sramana Mitra 7. Coupa's Financials Coupa operates on a subscription-based model, charging its customers based on the number of users needed by the organization. This article was written by. Sramana Mitra. She is a Silicon Valley entrepreneur and strategy consultant, she writes the blog Sramana Mitra On Strategy, and is author of the Entrepreneur Journeys book series and Vision India From to , Mitra was a columnist for Forbes.
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The shares are expected to begin trading on the NASDAQ Global Market on October 6, under the ticker symbol “COUP.” The offering is expected. SAN MATEO, Calif., October 12, – Coupa Software Incorporated (“Coupa”) today announced the closing of its initial public offering and the exercise in. Coupa was off to the races when it went public on Thursday. The “spend management” software company priced its IPO at $18 and saw its shares.