In the last twelve months, Coupa Software generated $109.5 million in revenue and had a net loss of $45.3 million. The company has a market-cap of $711.2 million.
Morgan Stanley, J.P. Morgan, Barclays and RBC Capital Markets served as the underwriters for the IPO and JMP Securities and Raymond James were co-managers.
Coupa Software provided the following description of their company for its IPO: “Our mission is to deliver “Value as a Service” by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability. We are the leading provider of a unified, cloud-based spend management platform that connects more than 460 organizations with more than 2 million suppliers globally. Our platform provides greater visibility into and control over how companies spend money. Using our platform, businesses are able to achieve real, measurable value and savings that drive their profitability. From our inception, our customers have used our platform to bring more than $250 billion of cumulative spend under management, which we estimate has resulted in more than $8 billion of customer savings to date, based on applying certain savings rates derived from industry benchmarks. “.
Coupa Software was founded in 2006 and has 590 employees. The company is located at 1855 S. Grant Street, San Mateo, CA 94402, US and can be reached via phone at (650) 931-3200 or on the web at https://www.coupa.com.
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