Where is Cirtuo located?

Cirtuo is headquartered in Graz, Austria.

How many employees does Cirtuo have?

As of Aug 31, 2026, the latest employee count at Cirtuo is 13.

What is the annual revenue of Cirtuo?

Annual revenue of Cirtuo is between €1M and €10M as on Dec 31, 2024

Where does Cirtuo rank among its competitors?

Cirtuo ranks 111th amongst 737 active competitors, of which 107 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SkySelect, which secured $9M in Mar, 2026.

Who are the top competitors of Cirtuo?

Cirtuo's top competitors include Coupa, Zaggle and Procurify. Among them, SkySelect secured the most recent funding round in March, 2026.

Cirtuo - 2026 Company Profile, Team, Competitors & Financials

Company Details

Cirtuo provides web-tools to manage strategic activities in procurement process. Its category management tool provides visibility into company's spends and P&L analysis of direct and indirect procurements. Supplier relationship management offers supplier performance management, supplier risk management tools. Procurement management module enables procurement professionals to monitor and manage sourcing and procurement process.

Key Metrics

Founded Year

2008

Location

Graz, Austria

Stage

Acquired

Ranked

111^th among 737 active competitors

Annual Revenue

€1M - €10M as on Dec 31, 2024

Employee Count

13 as on Aug 31, 2026

Similar Companies

Coupa & 306 more

Exit Details

Acquired by Coupa (May 13, 2025)

View Cirtuo's full profile

Cirtuo is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Cirtuo GmbH CIN: 343985k , Austria, Active	Mar 24, 2010	-	-	-
Cirtuo Inc CIN: 20211066945 , United States, Active	Jan 23, 2021	-	-	-
CIRTUO D.O.O. CIN: 96615369646 , Croatia, Active	Jun 01, 2010	€1M - €10M (As on Dec 31, 2024)	-

Cirtuo got acquired by Coupa on May 13, 2025.

Click here to take a look at Cirtuo's acquisition in detail

Cirtuo has not raised any funding rounds yet.

The founders of Cirtuo is Drasko Jelavic.

Here are the details of Cirtuo's key team members:

Drasko Jelavic: Founder & CEO of Cirtuo.

View details of Cirtuo's Founder profiles and Board Members

Cirtuo's employee count trend

Cirtuo has 13 employees as of Aug 26. Here is Cirtuo's employee count trend over the years:

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Top competitors of Cirtuo include Coupa, Zaggle and Procurify. Here is the list of Top 10 competitors of Cirtuo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	Meritech, T. Rowe Price & 18 others	86/100
2nd	Zaggle 2011, Mumbai (India), Public	Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows	$13.7M	Mavericks, Bengal Finance and Investment ... & 33 others	80/100
3rd	Procurify 2012, Vancouver (Canada), Series C	Developer of procurement software for managing organizational spend and workflows	$82.5M	Information Venture Partners, Nexus Venture Partners ... & 22 others	73/100
4th	Airbase 2017, San Francisco (United States), Acquired	Provider of a platform integrating human resources, finance, and information technology	$91M	First Round Capital, Menlo Ventures & 22 others	72/100
5th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
6th	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Schroders Capital, AddVentures & 30 others	68/100
7th	SAP Ariba 1996, Palo Alto (United States), Acquired	E-procurement, invoicing, and B2B collaboration software for businesses	-	Intel, TCV & 5 others	65/100
8th	PayEm 2019, San Francisco (United States), Series A	SaaS-based expense management solutions for corporate organisations	$47M	NFX, Pitango & 6 others	64/100
9th	SkySelect 2011, San Francisco (United States), Series A	Provider of an AI-powered platform for aircraft parts procurement and sourcing	$9M	The Rock Creek Group, Verb Ventures & 12 others	64/100
10th	Ivalua 2000, Redwood City (United States), Series B	Developer of software for procurement spend and supplier management processes	$134M	Tiger Global Management, KKR & 8 others	64/100
111th	Cirtuo 2008, Graz (Austria), Acquired	Supplier relationship and procurement management tool	-	-	36/100