Coupa

Coupa has raised $169 million in equity across multiple early-stage rounds, supported by investors including T. Rowe Price, Meritech, Mohr Davidow Ventures, and Battery Ventures. Beyond venture funding, Coupa also executed major post-IPO financings, including liquidity events in 2018–2020 such as a $1.38 billion public-market capital raise in June 2020 and an $805 million transaction in June 2019. Founded in 2006, Coupa provides cloud-native spend-management solutions, helping enterprises optimize procurement, sourcing, supplier management, and expenses. These investments enabled Coupa to expand globally, enhance AI-driven spend intelligence, and deliver measurable cost savings.