Announced
Synopsis
Coupa, a cloud-based platform focused on AI-driven business spend management, agreed to acquire Scoutbee, an AI-powered procurement platform. Financial terms are not disclosed. This strategic investment creates a more collaborative and efficient two-sided network by using AI to help organizations make smarter and more confident sourcing decisions while suppliers benefit from new business opportunities and easier onboarding. With Scoutbee, Coupa is creating the world’s most intelligent sourcing network — one that delivers faster, more trusted matches and unlocks new value for both buyers and suppliers.
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