About Concur
Concur is a company based in Bellevue (United States) founded in 1988 was acquired by SAP in September 2014. The company has 593 employees as of March 28, 2024. Concur has completed 7 acquisitions, including GlobalExpense, Hipmunk and OutTask. Concur operates in a competitive market with competitors including Ramp, Brex, Navan, Spendesk and Emburse, among others.
- Headquarter Bellevue, United States
- Employees 593 as on 28 Mar, 2024
- Stage Public
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Sectors
Travel & HospitalityTechnology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Concur Technologies (India) Private Limited
- Date of Incorporation 23 Sep, 2010
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$31.01 M (USD)5.65as on Mar 31, 2022
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Net Profit
$3.11 M (USD)5.4as on Mar 31, 2022
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EBITDA
$4.86 M (USD)7.08as on Mar 31, 2022
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Latest Funding Round
$43.78 M (USD), Post-IPO
Jan 24, 2011
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Investors
SAP
& 2 more
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Employee Count
593
as on Mar 28, 2024
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Investments & Acquisitions
GlobalExpense
& 6 more
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Acquired by
SAP
(Sep 18, 2014)
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People of Concur
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Funding Insights of Concur
Investors in Concur
Concur has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include SAP, American Express and IVP.
| Investor | Description | Founded Year | Domain | Location |
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Growth in technology companies is supported through venture capital.
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Financial products for individuals and businesses are compared online.
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Cloud and AI-based ERP software is offered for enterprises.
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Investor details for Concur
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Investments & Acquisitions by Concur
Concur has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include GlobalExpense, Hipmunk and OutTask.
Investment portfolio details for Concur
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Travel services are discovered and booked via a metasearch platform.
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Provider of a travel planner app
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Mobile tracking, messaging, and communication services are offered.
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Locked | Locked | 2003 | Locked |
Complete acquisition details for Concur
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Financial Statements - Concur
Detailed financials for Concur
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Concur Comparisons
Peer comparison for Concur
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Competitors of Concur
Concur 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 Ramp, Brex, Navan, Spendesk and Emburse, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Spend management and accounts payable solutions are delivered to businesses.
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SaaS-driven credit card and spend management solutions platform for businesses
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Corporate travel and expense management are facilitated through SaaS platform.
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| Locked | Locked | Locked |
Provider of prepaid cards for financial benefits of employees
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Corporate cards and expense management are offered to businesses.
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Detailed competitors of Concur
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Latest news on Concur
Complete news archive for Concur
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Frequently Asked Questions about Concur
Concur was founded in 1988 and raised its 1st funding round 15 years after it was founded.
Concur is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
As of Mar 28, 2024, the latest employee count at Concur is 593.
Annual revenue of Concur is $31.01M as on Mar 31, 2022.
Concur was founded in 1988 and is headquartered in Bellevue, United States. The company provides a SaaS platform for managing corporate travel, expenses, and invoices, including automated processing, approval workflows, and reimbursement handling. Services extend to analysis tools and support for bookings. Operations serve industries such as automotive, financial services, healthcare, public sector, and manufacturing.
Concur has made 7 acquisitions, including GlobalExpense, Hipmunk, and OutTask.
Concur has 3 investors. Key investors include SAP, American Express, and IVP.