Exari

Boston, United States Founded: 2000 • Age: 26 yrs Acquired By Coupa
Automated contract assembly and lifecycle management solutions are provided.

About Exari

Exari is a company based in Boston (United States) founded in 2000 was acquired by Coupa in April 2019.. Exari has raised $1.11 million across 2 funding rounds from investors including Coupa, Wellington Financial and Beacon Equity Partners. Exari has completed 2 acquisitions, including Adsensa and CMA Contiki. Exari operates in a competitive market with competitors including DocuSign, Sirion, Conga, Evisort and Icertis, among others.

  • Headquarter Boston, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.11 M (USD)

    in 2 rounds

  • Latest Funding Round
    $24 M (USD), Debt – Conventional

    Jun 12, 2017

  • Investors
    Coupa

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Adsensa

    & 1 more

  • Acquired by
    Coupa

    & 1 more

    (Apr 16, 2019)

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People of Exari
Headcount 1000-5000
Employee Profiles 578
Board Members and Advisors 5
Employee Profiles
People
Martin Jespersen
Customer Value Manager
People
Ben Coffman
Rvp, Customer Value, Supply Chain Design & Planning
People
Richard Larrabee
Regional Vice President - Supply Chain Sales
People
Julian Walcott
Senior Growth Manager, Customer Success - Coupa Pay

Unlock access to complete

Board Members and Advisors
people
Scott Thompson
Director
people
Kanika Soni
Director
people
Roger Siboni
Director
people
Michelle Brennan
Director

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Funding Insights of Exari

Exari has successfully raised a total of $1.11M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $24 million completed in June 2017. 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 Rounds 2
  • Last Round Debt – Conventional — $24.0M
  • First Round

    (21 Mar 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2017 Amount Debt – Conventional - Exari Valuation

investors

Mar, 2014 Amount Series A - Exari Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Exari

Exari has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Coupa, Wellington Financial and Beacon Equity 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech-focused Venture debt provider investing primarily in the US and Canada
Founded Year Domain Location
Beacon Equity Partners is engaged in private equity investments focused on fintech.
Founded Year Domain Location
Cloud-based end-to-end spend management software is delivered for businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Exari

Exari has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Adsensa and CMA Contiki. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Contract and document analysis software is provided for insurance sectors.
2003
Enterprise contract lifecycle management is provided for energy sector.
1989
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Exari

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Exari Comparisons

Employees
+
Add Comparison
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Competitors of Exari

Exari 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 DocuSign, Sirion, Conga, Evisort and Icertis, 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 and AI-based electronic signatures and contract management are provided.
domain founded_year HQ Location
AI-powered software for legal contract management is utilized.
domain founded_year HQ Location
Contract lifecycle management is facilitated via a cloud-based platform.
domain founded_year HQ Location
Contract lifecycle management software is developed using AI-powered intelligence.
domain founded_year HQ Location
Provider of contract lifecycle management platform with AI and agentic workflows
domain founded_year HQ Location
Contract lifecycle management software is delivered via a self-serve platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Exari

Frequently Asked Questions about Exari

When was Exari founded?

Exari was founded in 2000 and raised its 1st funding round 14 years after it was founded.

Where is Exari located?

Exari is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Is Exari a funded company?

Exari is a funded company, having raised a total of $1.11M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.11M, raised on Mar 21, 2014.

What does Exari do?

Exari was founded in 2000 in Boston, United States, focusing on the legal technology sector. End-to-end contract lifecycle management is handled through automated document assembly, drafting workflows, automation tools, reporting, and analytics. Services are utilized by professionals in legal, procurement, sales, insurance, banking, and government fields. Notable clients include five of the top 15 banks, four leading insurance brokers, and major energy firms.

Who are the top competitors of Exari?

Exari's top competitors include DocuSign, Evisort and Sirion.

How many acquisitions has Exari made?

Exari has made 2 acquisitions, including Adsensa, and CMA Contiki.

Who are Exari's investors?

Exari has 3 investors. Key investors include Coupa, Wellington Financial, and Beacon Equity Partners.

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