.jpg)
Coupa, the premier AI platform for total spend management, has entered into a definitive agreement to acquire Scoutbee, a cutting-edge AI-powered supplier discovery platform and network. This strategic move integrates Scoutbee's advanced search capabilities, extensive supplier dataset, and collaboration tools with Coupa's robust platform, serving over 10 million buyers and suppliers worldwide, to foster greater transparency, efficiency, and profitability in supplier discovery, onboarding, and transactions.
In an era of fluctuating global trade, business leaders are prioritizing agile sourcing strategies to secure new suppliers and optimize operations. Scoutbee's platform excels in providing deep supplier insights, rapid identification of qualified partners, and data-driven decisions that streamline procurement processes. By uniting this expertise with Coupa's established network, the acquisition promises to eliminate silos, reduce risks, and unlock efficiencies that translate into substantial savings for buyers and accelerated growth for suppliers.
"Coupa and Scoutbee share a fundamental belief that better data leads to better AI, better decisions, and ultimately, a better world through more resilient supply chains," said Coupa Chief Product and Technology Officer Salvatore Lombardo. "Together, we are creating the world's most comprehensive, dynamic and data-rich network. This acquisition enables us to deliver a truly effortless buyer-supplier matching experience and further enhances our network that will power the future of global trade."
This integration will harness community-generated data from Coupa's vast ecosystem to fuel AI agents that automate sourcing, ensuring businesses can respond swiftly to market shifts with confidence.
Scoutbee's AI capabilities transform traditional procurement by facilitating seamless connections between buyers and suppliers through intelligent search and verification tools. The platform not only identifies potential partners that align with specific criteria but also supports collaborative workflows that expedite contract negotiations and onboarding. For suppliers, it opens doors to new opportunities by simplifying profile verification and enabling direct engagement with global buyers, fostering revenue expansion in competitive markets.
"We founded Scoutbee with the premise that AI can transform real-time sourcing and procurement by enabling buyers and suppliers to seamlessly connect, collaborate, and transact," said Scoutbee co-founder and CEO Gregor Stühler. "Joining Coupa allows us to bring our mission to a global stage, and provide an exceptionally data-rich and comprehensive buyer-supplier network and B2B marketplace at scale."
Post-acquisition, these features will embed within Coupa's unified platform, creating a B2B marketplace that prioritizes speed, security, and scalability for enterprise-grade transactions.
Coupa's acquisition of Scoutbee aligns with its vision of autonomous spend management, where AI agents leverage an $8 trillion dataset to connect buyers and suppliers in innovative ways. This union will amplify the platform's ability to automate the entire buying lifecycle, from discovery to fulfillment, while ensuring compliance and risk mitigation. As integration begins following the deal's closure in Coupa's upcoming fiscal quarter, organizations can anticipate enhanced tools for navigating supply chain complexities, ultimately multiplying margins through smarter, data-informed strategies.
By combining Scoutbee's specialized intelligence with Coupa's expansive reach, this partnership sets a new benchmark for AI in procurement, empowering businesses to build more resilient, efficient, and profitable supply networks in a dynamic global economy.
Coupa is the leading AI platform for total spend management. Using its trusted, community-generated, $8 trillion dataset, Coupa brings autonomous AI agents, a network of 10M+ buyers and suppliers, and leading apps together on one unified platform to seamlessly automate the buying process and connect to customers in a whole new way. With Coupa, you'll make margins multiply™.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.