When was Coupa founded?

Coupa was founded in 1998 and raised its 1st funding round 14 years after it was founded.

Where is Coupa located?

Coupa is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan.

How many employees does Coupa have?

As of Dec 31, 2022, the latest employee count at Coupa is 510.

Is Coupa a funded company?

Coupa is a funded company, having raised a total of $56.1M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 24, 2012.

When was the latest funding round of Coupa?

Coupa's latest funding was a $***** Series B round on May 09, 2017, with participation from 1 investor.

Where does Coupa rank among its competitors?

Coupa ranks 4th amongst 46 active competitors, of which 7 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Magentic, which secured $18M in Sep, 2026.

Who are the top competitors of Coupa?

Coupa's top competitors include Magentic, Kavida AI and Peripass. Among them, Magentic secured the most recent funding round in September, 2026.

Coupa - 2026 Company Profile, Team, Funding & Competitors

Q: Is Coupa an acquired company?

Coupa got acquired by Coupa on Nov 02, 2020.

Coupa is an acquired company based in Ann Arbor (United States), founded in 1998 by Toby Brzoznowski and Donald A Hicks. It operates as a Provider of AI-based simulation and modelling software for supply chains. Coupa has raised $56.1M in funding from investors like Goldman Sachs, MK Capital and TPG. The company has 46 active competitors, including 7 funded and 3 that have exited. Its top competitors include companies like Magentic, Kavida AI and Peripass.

Company Details

LLamasoft is a provider of AI-based simulation and modelling software for supply chains. It allows users to create a digital twin of their supply chain. They can run simulation models in order to identify risks and disruptions, enhance planning and response, discover operational insights and track transactions and movements along supply chains. It caters to aerospace, automotive, logistics, FMCG, electronics, oil and gas sectors. Its clients include Walmart, DHL, IKEA and AstraZeneca.

Website: llamasoft.com
Social
Email ID: *****@llamasoft.com
Phone Number: +1 **********, +1 **********
Registered Address: Ann Arbor, Michigan

Key Metrics

Founded Year

1998

Location

Ann Arbor, United States

Stage

Acquired

Total Funding

$56.1M in 3 rounds

Latest Funding Round

Series B, May 09, 2017, $*****

Investors

Goldman Sachs & 5 more

Ranked

4^th among 46 active competitors

Employee Count

510 as on Dec 31, 2022

Investment & Acquisitions

Opex Analytics & 1 more

Similar Companies

Cytora & 109 more

Exit Details

Acquired by Coupa (Nov 02, 2020)

View Coupa's full profile

Coupa is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
BIOQUEST TECHNOLOGIES DBA LLAMASOFT, INC. CIN: 383571864 , United States, Active	Dec 31, 1999	-	309 (As on Dec 31, 2020)	-

Coupa got acquired by Coupa on Nov 02, 2020 at an acquisition amount of $*****.

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

Coupa has raised a total funding of $56.1M over 3 rounds. Its first funding round was on Oct 24, 2012. Its latest funding round was a Series B round on May 09, 2017 for $*****. 1 investor participated in its latest round. Coupa has 6 institutional investors.

Here is the list of recent funding rounds of Coupa:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 09, 2017	2203626	Series B	8594978	5864587	7988860	9975746
Sep 29, 2015	6834180	Series B	2733096	5561035	2389424	2360576
Oct 24, 2012	1321309	Series A	7734083	5886384	MK Capital	Augment Ventures & 1 more

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View details of Coupa's funding rounds and investors

The founders of Coupa are Toby Brzoznowski and Donald A Hicks.

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

Toby Brzoznowski: Former Co-Founder of Coupa.
Donald A Hicks: Former Co-Founder, President & CEO of Coupa and founder of 1 other company.

View details of Coupa's Founder profiles and Board Members

Coupa's employee count trend

Coupa has 510 employees as of Dec 22. The total employee count is the same as what it was in Dec 21. Here is Coupa's employee count trend over the years:

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Top competitors of Coupa include Magentic, Kavida AI and Peripass. Here is the list of Top 10 competitors of Coupa, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Magentic 2024, New York City (United States), Series A	Provider of AI teammates for supply chain and procurement teams	$24.2M	Felicis Ventures, Sequoia Capital & 4 others	59/100
2nd	Kavida AI 2020, London (United Kingdom), Acquired	Provider of artificial intelligence agents for automating manufacturing procurement tasks	$1.57M	QIMA, PDS Multinational & 16 others	50/100
3rd	Peripass 2016, Ghent (Belgium), Series A	Provider of yard management solutions	$8.12M	Welvaartsfonds, PortXL	48/100
4th	Coupa 1998, Ann Arbor (United States), Acquired	Provider of AI-based simulation and modelling software for supply chains	$56.1M	Goldman Sachs, MK Capital & 4 others	47/100
5th	River Logic 2000, Dallas (United States), Series C	Value chain optimization solutions aligning strategy, finance, and sustainability objectives	$16.7M	Intel, Mercury Ventures & 2 others	45/100
6th	Lynkit 2017, Delhi (India), Unfunded	Provider of IoT enabled supply chain automation and logistics solutions	-	-	43/100
7th	Fulfilld 2020, Denver (United States), Series A	Provider of AI and cloud-enabled digital twin platform for warehouse management	$9.62M	PI LABS, TenOneTen & 4 others	43/100
8th	Entopy 2014, Newmarket (United Kingdom), Funding Raised	Developer of decision intelligence platform using AI-enabled digital twin technology	-	Seraphim, Generation Space	38/100
9th	DCbrain 2014, Paris (France), Series A	Offering asset intelligence and forecasting for electricity, water and gas segments	$7.11M	Aster, Statkraft Ventures & 7 others	37/100
10th	Lop Technologies 2020, Mechelen (Belgium), Unfunded	Provider of a cloud and AI-based supply chain visibility, planning and risk detection platform	-	-	36/100