Where is Cirtuo located?

Cirtuo is headquartered in Graz, Austria.

How many employees does Cirtuo have?

As of Jul 31, 2026, the latest employee count at Cirtuo is 15.

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 53rd amongst 213 active competitors, of which 42 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 Bizongo. Among them, SkySelect secured the most recent funding round in March, 2026.

Cirtuo - 2026 Company Profile, Team, Competitors & Financials

Cirtuo is an acquired company based in Graz (Austria), founded in 2008 by Drasko Jelavic. It operates as a Supplier relationship and procurement management tool. The company has 213 active competitors, including 42 funded and 47 that have exited. Its top competitors include companies like Coupa, Zaggle and Bizongo.

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

53^rd among 213 active competitors

Annual Revenue

€1M - €10M as on Dec 31, 2024

Employee Count

15 as on Jul 31, 2026

Similar Companies

Coupa & 264 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 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 GmbH CIN: 343985k , Austria, Active	Mar 24, 2010	-	-	-

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 15 employees as of Jul 26. Here is Cirtuo's employee count trend over the years:

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Top competitors of Cirtuo include Coupa, Zaggle and Bizongo. 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	87/100
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	84/100
3rd	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Accel, AddVentures & 30 others	77/100
4th	Airbase 2017, San Francisco (United States), Acquired	Provider of a platform integrating human resources, finance, and information technology	$91M	Menlo Ventures, First Round Capital & 21 others	72/100
5th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	69/100
6th	Procurify 2012, Vancouver (Canada), Series C	SaaS-enabled end-to-end spend management software	$82.5M	Information Venture Partners, Ten Coves Capital ... & 22 others	69/100
7th	Dice 2018, Pune (India), Acquired	Provider of spend management and digital commerce platform for enterprises	$6.55M	IIT Mandi Catalyst, Dallas Venture Capital ... & 13 others	67/100
8th	Proactis 1996, Wetherby (United Kingdom), Acquired	Provider of cloud-based spend management and e-procurement software	-	Eiffel Investment Group, HSBC & 2 others	67/100
9th	SkySelect 2011, San Francisco (United States), Series A	Provider of an AI-powered platform for aircraft parts procurement and sourcing	$9M	Verb Ventures, The Rock Creek Group & 12 others	64/100
10th	Tropic 2020, New York City (United States), Series B	Provider of cloud-based procurement management solutions	$67.1M	Insight Partners, Founder Collective & 12 others	63/100
53rd	Cirtuo 2008, Graz (Austria), Acquired	Supplier relationship and procurement management tool	-	-	36/100