When was Concur founded?

Concur was founded in 1988 and raised its 1st funding round 15 years after it was founded.

Where is Concur located?

Concur is headquartered in Bellevue, United States. It is registered at Bellevue, Washington.

How many employees does Concur have?

As of Jul 31, 2026, the latest employee count at Concur is 6589.

Is Concur a funded company?

Concur is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on 2003.

How much is Concur worth?

The last known valuation of Concur was $***** as of Sep 18, 2014.

When was the latest funding round of Concur?

Concur's latest funding was a $***** Post IPO round on Jan 24, 2011, with participation from 0 investor.

What is the annual revenue of Concur?

Annual revenue of Concur is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Concur rank among its competitors?

Concur ranks 8th amongst 972 active competitors, of which 150 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Ramp, which secured $782M in Jun, 2026.

Who are the top competitors of Concur?

Concur's top competitors include Coupa, Ramp and Navan. Among them, Ramp secured the most recent funding round in June, 2026.

Concur - 2026 Company Profile, Funding, Competitors & Financials

Q: Is Concur an acquired company?

Concur got acquired by SAP on Sep 18, 2014.

Concur is an acquired company based in Bellevue (United States), founded in 1988. It operates as a Provider of travel, expense, and invoice management solutions for businesses. Concur has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 972 active competitors, including 150 funded and 124 that have exited. Its top competitors include companies like Coupa, Ramp and Navan.

Company Details

Provider of travel, expense, and invoice management solutions for businesses. The company offers tools for expense reporting, travel booking, and accounts payable automation. It provides features such as spend tracking, policy compliance, and data analytics. The platform integrates with other systems to streamline financial processes.

Website: www.concur.com/?&cookie_preferences=cpra
Social
Phone Number: +1 **********
Registered Address: Bellevue, Washington

Key Metrics

Founded Year

1988

Location

Bellevue, United States

Stage

Acquired

Latest Funding Round

Post IPO, Jan 24, 2011, $*****

Last Known Valuation

$***** as on Sep 18, 2014

Investors

RRE Ventures & 9 more

Ranked

8^th among 972 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

6,589 as on Jul 31, 2026

Investment & Acquisitions

Hipmunk & 20 more

Similar Companies

Coupa & 768 more

Exit Details

Acquired by SAP (Sep 18, 2014)

View Concur's full profile

Concur is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CONCUR TECHNOLOGIES, INC CIN: 911608052 , United States, Active	Dec 31, 1999	-	3790 (As on Dec 31, 2020)	-
CONCUR TECHNOLOGIES (INDIA) PRIVATE LIMITED CIN: U72900KA2010PTC055286 , India, Active	Sep 23, 2010	₹100 - ₹500 Cr (As on Mar 31, 2025)	578 (As on Mar 31, 2024)

Concur got acquired by SAP on Sep 18, 2014 at an acquisition amount of $*****.

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

Concur has raised funding over 4 rounds. Its first funding round was on 2003. Concur has 10 institutional investors.

Here is the list of recent funding rounds of Concur:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 24, 2011	4245398	Post IPO	7131297	1546752	9916850	1576025
Aug 01, 2009	5865502	Post IPO	1432440	4674324	8129954	3605140
Aug 01, 2008	4636654	Post IPO	3437086	3876286	6354051	American Express

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View details of Concur's funding rounds and investors

Concur's employee count trend

Concur has 6,589 employees as of Jul 26. Here is Concur's employee count trend over the years:

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Top competitors of Concur include Coupa, Ramp and Navan. Here is the list of Top 10 competitors of Concur, 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	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.22B	Founders Fund, Coatue & 71 others	84/100
3rd	Navan 2015, Palo Alto (United States), Public	Provider of a platform for business travel and expense management	$1.58B	Andreessen Horowitz, Greenoaks & 22 others	80/100
4th	Pleo 2015, Copenhagen (Denmark), Series C	Provider of spend management platform with virtual and physical card options	$434M	Creandum, Kinnevik & 15 others	80/100
5th	Brex 2017, San Francisco (United States), Acquired	Provider of financial software platform, cards, banking, expense, and accounting	$1.2B	DST Global, Greenoaks & 68 others	80/100
6th	Spendesk 2016, Paris (France), Series C	Provider of software for managing corporate spending and invoice processing	$304M	Index Ventures, General Atlantic & 22 others	77/100
7th	Emburse 2002, San Francisco (United States), Acquired	Provider of software for managing corporate travel and expense reporting	$7.5M	Salesforce Ventures, Sherpalo Ventures & 27 others	76/100
8th	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	RRE Ventures, American Express & 8 others	75/100
9th	Marqeta 2010, Oakland (United States), Public	Provider of a platform for modern card issuing and payment solutions	$528M	Coatue, Greylock Partners & 63 others	75/100
10th	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	OpenView, Barracuda & 11 others	74/100

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Concur has made 14 investments in companies including Cleartrip and StayNTouch. Concur has also acquired 7 companies including Hipmunk and TRX.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 13, 2016	Acquisition	Hipmunk	2010	San Francisco (United States)
Jun 20, 2016	Investments	Cleartrip	2006	Bengaluru (India)
Feb 03, 2016	Investments	StayNTouch	2012	Bethesda (United States)