About CombineNet
CombineNet is a company based in Pittsburgh (United States) founded in 2000 was acquired by JAGGAER in September 2013.. CombineNet has raised $15.12 million across 4 funding rounds from investors including JAGGAER, Tventures and Apex Venture Partners. CombineNet operates in a competitive market with competitors including Coupa, Airbase, Bizongo, Procurify and Ivalua, among others.
- Headquarter Pittsburgh, United States
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of CombineNet
CombineNet has successfully raised a total of $15.12M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $2.12 million completed in June 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $2.1M
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First Round
First Round
(19 Feb 2004)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2010 | Amount | Series B - CombineNet | Valuation | Alta Equity Partners |
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| Apr, 2010 | Amount | Debt – Conventional - CombineNet | Valuation |
investors |
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| Jun, 2009 | Amount | Series B - CombineNet | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CombineNet
CombineNet has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include JAGGAER, Tventures and Apex Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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VC firm investing in seed and growth stage companies in North America
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Staffing and consulting solutions are provided for venture capitalists.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CombineNet
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CombineNet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Combinenet Comparisons
Competitors of CombineNet
CombineNet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coupa, Airbase, Bizongo, Procurify and Ivalua, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based end-to-end spend management software is delivered for businesses.
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| domain | founded_year | HQ Location |
Procure-to-pay management software is offered for business operations.
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| domain | founded_year | HQ Location |
Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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| domain | founded_year | HQ Location |
SaaS spend management software is used to automate procure-to-pay operations.
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| domain | founded_year | HQ Location |
Procurement management solutions are delivered for business operations.
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| domain | founded_year | HQ Location |
Cloud-based sourcing and procurement solutions are provided for multiple industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CombineNet
When was CombineNet founded?
CombineNet was founded in 2000 and raised its 1st funding round 4 years after it was founded.
Where is CombineNet located?
CombineNet is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Is CombineNet a funded company?
CombineNet is a funded company, having raised a total of $15.12M across 4 funding rounds to date. The company's 1st funding round was a Series B of $1M, raised on Feb 19, 2004.
What does CombineNet do?
CombineNet was founded in 2000 in Pittsburgh, United States, and has operated as a subsidiary of SciQuest, Inc. since 2013. Cloud-based software is offered for procurement in high-value, complex spend categories, targeting large organizations. Proprietary technology is utilized to optimize vendor bids and proposals. Customizable requests for proposals are created, with scenarios run to balance cost, risk, timing, and business rules. Direct and indirect resources are sourced through the platform.
Who are the top competitors of CombineNet?
Who are CombineNet's investors?
CombineNet has 4 investors. Key investors include JAGGAER, Tventures, Apex Venture Partners, and Alta Equity Partners.