The first quarter of 2025 was marked by over $19 billion in savings generated for its customers, bringing the cumulative total of efficiency gains to almost $260 billion since its inception in 2006. Last but not least, Coupa also enjoys a high level of external recognition. It has been named a Leader in the Gartner Magic Quadrant 2025 report (published by Gartner, an IT research and consulting company since 1979) for the 2nd year running. It is also on the list of the 20 most prominent AI companies according to CRN (the leading American IT magazine, used as a source of analysis and ranking for solution providers).
"At Coupa, we've got big ambitions. Our platform doesn't just automate expense management: it transforms the way companies manage their cash flow, payroll, supply chains and supplier relationships. We're building the network that will power tomorrow's global commerce. We're helping companies of all sizes to become more agile, reduce risk, improve profitability and decisively increase margins," says Coupa CEO Leagh Turner. During the quarter, Coupa notably acquired Cirtuo (an Austrian company with expertise in AI-powered strategic sourcing) and entered into a partnership with CoreTrust (a purchasing group that enables companies to reduce costs by buying together). The start of the year also saw the addition of 330 new customers, contributing to Coupa's dazzling growth. These include the Bank of Bogota, Callebaut, Danone, Dollar General, UPS, Martin Bionics Innovations and Softys.
Coupa is present in over 100 countries and used by more than 3,000 companies, including Airbus, Unilever, Nestlé, LVMH, HSBC and Sony.
