About Scoutbee
Scoutbee is a company based in Wurzburg (Germany) founded in 2015 was acquired by Coupa in October 2025. Scoutbee has raised $76 million across 3 funding rounds from investors including Coupa, Lakestar and Atomico. Scoutbee offers products and services including Procurement Platform and Supplier Network. Scoutbee operates in a competitive market with competitors including Tipalti, Sage Group, MineralTree, Coupa and Airbase, among others.
- Headquarter Wurzburg, Germany
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Sectors
Technology
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- Legal Name Scoutbee Gmbh
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Products & Services of Scoutbee
Scoutbee offers a comprehensive portfolio of products and services, including Procurement Platform and Supplier Network.
AI platform connecting buyers and suppliers for streamlined procurement.
System for discovering and qualifying suppliers efficiently.
People of Scoutbee
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Funding Insights of Scoutbee
Scoutbee has successfully raised a total of $76M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $60 million completed in January 2020. 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.
Investors in Scoutbee
Scoutbee has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Coupa, Lakestar and Atomico.
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Tech-based companies are invested in by Atomico venture capital fund.
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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Investor details for Scoutbee
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Investments & Acquisitions by Scoutbee
Investment portfolio details for Scoutbee
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Financial Statements - Scoutbee
Detailed financials for Scoutbee
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Scoutbee Comparisons
Peer comparison for Scoutbee
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Competitors of Scoutbee
Scoutbee 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 Tipalti, Sage Group, MineralTree, Coupa and Airbase, among others.
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Cloud-based procurement and invoice management solutions are offered to businesses.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud-based accounts payable automation is delivered for businesses.
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Cloud-based end-to-end spend management software is delivered for businesses.
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Procure-to-pay management software is offered for business operations.
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Corporate cards and expense management are offered to businesses.
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Detailed competitors of Scoutbee
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Latest news on Scoutbee
Complete news archive for Scoutbee
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Frequently Asked Questions about Scoutbee
Scoutbee was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Scoutbee is headquartered in Wurzburg, Germany. It is registered at Wurzburg, Bavaria, Germany.
Scoutbee is a funded company, having raised a total of $76M across 3 funding rounds to date.
Scoutbee was founded in 2015 in Wurzburg, Germany, as an online B2B platform focused on multi-category products. Sellers upload product information, while buyers access details tailored to their preferences through machine learning algorithms. The platform operates in the e-commerce sector, enabling connections between buyers and sellers via a subscription model that requires a yearly fee for full access. Operations are centered in Europe, supporting global listings.
Scoutbee's top competitors include Coupa, Sage Group and Airbase.
Scoutbee offers Procurement Platform and Supplier Network.
Scoutbee has 7 investors. Key investors include Coupa, Lakestar, Atomico, Next47, and Toba Capital.