![]() In 2020, Coupa acquired AI supply chain design company LLamasoft. With company-wide adoption of a single procurement software. In October, Coupa Software went public on the Nasdaq, trading as COUP. What is Coupa Procure Bring the ease of consumer shopping to your procurement experience. In January 2016, Coupa acquired Contractually, a cloud-based contract management solution. Coupa acknowledged its possession of Ariba information and is required to abide by certain procedures to prevent any misappropriation in the future. On September 24, 2015, Ariba and Coupa settled their lawsuit. ![]() Coupa was also positioned in the Leaders quadrant of the Gartner Magic Quadrant for Procure-to-Pay Suites for Indirect Procurement. In February 2015, Coupa acquired the assets of ZenPurchase, an enterprise procurement software company, as well as acquiring InvoiceSmash, an e-invoicing vendor, and TripScanner, an open booking vendor, in July. Also in 2014, the company expanded globally, announcing new operations in Dublin, Ireland. In May, Ariba, a unit of SAP and a competitor of Coupa, filed a lawsuit alleging that Coupa misappropriated Ariba trade secrets. In 2014, The Forrester Wave named Coupa a market leader. Rob Bernshteyn is CEO of the company, headquartered in San Mateo, California, since taking the role in February 2009. Coupa is a business service management technology company, offering supply chain insight and procurement software.
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