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Press Releases

Coupa Reaches Milestone of 500,000 Suppliers

Spend Optimization Leader Streamlines Buyer and Supplier Transactions via Secure Cloud Platform

 

SAN MATEO, Calif. – October 9, 2012 – Coupa Software, the fastest-growing provider of cloud-based spend optimization solutions, today announced that Coupa now connects customers with more than one half million worldwide suppliers. Through the Coupa Supplier Network and other direct connectivity options, suppliers can easily engage with customers to complete business transactions.

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The Wall Street Journal Names Coupa “The Next Big Thing”

Milestone Recognizes Coupa’s Impact on Spend Optimization Industry
 

SAN MATEO, Calif. – October 2, 2012Coupa Software, the fastest-growing provider of cloud-based spend optimization solutions, today announced that it ranked as No. 44 on The Wall Street Journal’s “The Next Big Thing” list, which seeks to identify and rank venture-backed companies across all industries that have the capital, executive experience and investor know-how to succeed. Earning a spot on the list means that Coupa is recognized as one of the 50 most promising, venture-backed companies in the U.S.

 

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Coupa Wins 2012 TMC Labs Innovation Award

Spend Optimization Leader Honored for Transforming Procurement Industry
 

SAN MATEO, Calif. – September 18, 2012Coupa Software, the fastest-growing provider of cloud-based spend optimization solutions, today announced that TMC, a global, integrated media company, has named Coupa winner of the 2012 TMC Labs Innovation Award presented by TMC’s CUSTOMER magazine.

 

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Coupa Launches Major Release with New Smarter Contracts and Accounts Payable Capabilities

Most Popular Cloud-based Spend Optimization Solution Enhanced
with Platform and Mobility Updates
 

SAN MATEO, Calif. – August 28, 2012 – Coupa Software, the fastest-growing provider of cloud-based spend optimization software, today announced the launch of Coupa Release 8, which includes major enhancements to the Coupa platform, mobility enhancements and two new core capabilities: Coupa Smarter Contracts and Coupa Invoicing. These updates give customers further insight into their overall spend, so they can reduce costs and directly impact the bottom line.

 

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Back by Popular Demand: Coupa Continues its “Eleven: Crank the Savings" World Tour

Coupa Executives, Customers, and Industry Experts 

Share Best Practices in Spend Optimization

 

SAN MATEO, Calif. – August 14, 2012 Coupa, the fastest-growing provider of spend optimization software, today announced the company’s fall “ELEVEN: Crank the Savings World Tour.” The roadshow will consist of half-day events in ten cities and offers attendees an opportunity to hear best practices to drive savings and redefine procurement within organizations of all sizes.

 

At each event, attendees will hear real-world case studies from Coupa customers on best practices to increase spend under management.  Additionally, industry veteran and former CPO Jack Miles will share his expert advice on change management. Coupa partner, KPMG and a Coupa executive also will present at each event.

 

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Coupa Pays It Forward With Coupa Gives Back Program

Non-profit Organizations Receive No-cost Usage
of the Most Popular Cloud Spend Optimization Solution
 

SAN MATEO, Calif. – August 7, 2012 – On the heels of its 14th sequential quarter of record growth, Coupa Software, the fastest-growing provider of spend optimization software, today announced the “Coupa Gives Back” program. Each year, as part of the program, up to four select non-profit organizations will get no-cost usage of Coupa’s Cloud Spend Optimization product.

 

“We are all part of a greater community,” said Rob Bernshteyn, CEO of Coupa. “With this in mind, our new “Coupa Gives Back” program is our way of helping those organizations that are dedicated to making the world a better place. Coupa saves organizations up to 11 percent on their spend, so we’ll be able to help charities give back even more to their cause.”

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Blackstone Deploys Coupa Software To Streamline Procurement and Approval Processes

Leading Investment and Advisory Firm Implements Cloud-based Applications and Makes Limited Investment in the Company
 

SAN MATEO, Calif. – July 24, 2012 –Coupa Software, the fastest growing provider of spend optimization software, today announced that Blackstone (NYSE: BX), one of the world’s leading investment and advisory firms, has selected Coupa as its spend management solution and has made a limited investment in the company. Some Blackstone portfolio companies already use Coupa, and the Coupa-Blackstone relationship will now be leveraged at other portfolio companies in coming months.

 

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Coupa's Growth Velocity Continues IN Q2 With 14th Sequential Quarter of Record Growth

Series E Funding, Major Customer Wins Fortify Leadership Position
In Cloud Spend Optimization Market

 

SAN MATEO, Calif. – July 17, 2012 – Coupa Software, the leader in cloud spend optimization software, today announced Q2 2012 results, highlighted by a 185 percent increase in the amount of spend through its platform, compared to Q2 2011. Further illustrating the momentum, Coupa posted its 14th sequential quarter of growth in new annual contract value.

 

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Coupa Software Named a JMP Securities “Hot 100” Software Company for the Third Time

e-Procurement Leader Recognized for Its Easy-to-Use Software
and Focus on Customer Success

 

SAN MATEO, Calif. – June 26, 2012 – Coupa Software, the leader in cloud-based spend optimization software, today announced that JMP Securities, a global investment firm, has included Coupa on its “Hot 100” best privately held software companies list. Coupa’s multi-year inclusion on the list validates its continued success in delivering software innovation that breeds responsible spending while impacting customers’ bottom line.

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Coupa Software Appoints Roger Goulart and Raja Hammond to Executive Team

Software and Cloud Industry Veterans Will Drive
Corporate Partnerships and Innovation for Customer Success

 

SAN MATEO, Calif. – June 19, 2012 – Coupa Software, the leader in cloud-based spend optimization software, today announced the appointment of Roger Goulart as vice president of business development and alliances and Raja Hammoud as vice president of product management. As members of the executive team, Goulart will spearhead Coupa’s worldwide partnerships, while Hammoud will drive product strategy and management focusing on innovation and customer success.

 

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