Coupa Buys Scoutbee to Deepen Its AI in Supplier Discovery

Coupa just announced it has signed a definitive agreement to buy Scoutbee, a platform that uses AI to help companies discover, validate, and onboard suppliers. In its announcement, Coupa described how combining Scoutbee’s “AI-powered search, rich supplier network and dataset, and collaboration tools” with its network of over 10 million buyers and suppliers would create “greater transparency and efficiency in supplier discovery, onboarding, and transactions.”

Scoutbee, founded in 2015, has raised around $76 million in funding across multiple rounds, including a $60 million Series B in 2020. (That brought its total raised to $76 million). In 2024, Scoutbee reportedly generated about $15 million in revenue across some 150 customers. Latka The firm claims partnerships with large enterprises such as Walmart and Unilever, which are mentioned as founding brands of Scoutbee’s network. With that scale, Scoutbee brings real buyer-supplier matching experience, not merely experimental AI ideas.

On Coupa’s side, the platform has long centered on managing and analyzing spend, controlling procurement workflows, and driving compliance across buying activity. Coupa’s public profile notes that it handles vast amounts of anonymized transactional data and is used by major companies around the world. The argument in this acquisition is that Scoutbee’s “front end” of supplier discovery strengthens Coupa’s capabilities so that procurement more intelligently finds who to spend with.

In the official release, Salvatore Lombardo, Coupa’s Chief Product & Technology Officer, said: “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.” He added that the acquisition would let them “deliver a truly effortless buyer-supplier matching experience.” Gregor Stühler, Scoutbee’s cofounder and CEO, said: “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.”