How many acquisitions has Coupa made so far?

Coupa has completed 24 acquisitions so far, with an average acquisition amount of $369M.

Which countries does Coupa usually acquire in?

Coupa has made acquisitions in 11 countries with the most activity in United States and United Kingdom.

Which sectors does Coupa target for acquisitions?

Most of Coupa's acquisitions are in SCM Software (11) and Finance & Accounting Tech (7).

In which year did Coupa make the most acquisitions?

Coupa was most active in 2020, with 5 acquisitions completed in that year.

List of 24 Acquisitions by Coupa (Aug 2026)

Q: Which is Coupa's latest acquisition?

Coupa's most recent acquisition is Tonkean, a Provider of AI-based workflow automation software, acquired in May 2026.

Coupa has made a total of 26 acquisitions. Coupa has completed 24 acquisitions across 19 sectors, including SCM Software, Finance & Accounting Tech, and Online Travel. These transactions spanned 11 countries, with the highest activity in United States, United Kingdom, and Germany. Peak years were 2020 and 2017 with 5 acquisitions each, followed by 3 in 2018. The average annual acquisition count between 2020 and 2025 is 0.6, and 2 acquisitions were completed as of the current year. The most recent acquisition is Tonkean, a provider of AI-based workflow automation software founded in 2015 and based in Tel Aviv, which was acquired in May 2026.

Here's the year on year acquisition history of Coupa:

Number of Total Acquisitions

Year	# Acquisitions
2026	2
2025	2
2021	1
2020	5
2019	1
2018	3
2017	5
2016	1
2015	3
2013	1

View all Acquisitions by Coupa

Recent acquisitions by Coupa

Coupa's most recent acquisition - Tonkean is a Provider of AI-based workflow automation software, founded in 2015 and located in Tel Aviv. Coupa acquired it in May 2026 for a price of $*****.

Here is the list of all acquisitions by Coupa sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
May 21, 2026	Tonkean	j{ql	frkg	84	910
May 13, 2026	Rossum	jqrg	ki{g	77	209
Oct 06, 2025	Scoutbee	urgc	wiix	39	151
May 13, 2025	Cirtuo	idny	c{az	87	610
Mar 17, 2021	Pana	fbsf	gfui	72	846