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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Email
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Phone
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Website
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Social
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI platform connecting buyers and suppliers for streamlined procurement.
System for discovering and qualifying suppliers efficiently.
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $60.0M
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First Round
First Round
(05 Nov 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series B - Scoutbee | Valuation | Atomico | |
| Jun, 2019 | Amount | Series A - Scoutbee | Valuation | 42 Capital , Toba Capital |
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| Nov, 2018 | Amount | Series A - Scoutbee | Valuation | 42 Capital , HV Capital |
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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 Scoutbee
Scoutbee has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Coupa, Lakestar and Atomico. 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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Tech-based companies are invested in by Atomico venture capital fund.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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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 Scoutbee
| 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 - Scoutbee
| 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 |
Scoutbee Comparisons
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. 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 procurement and invoice management solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based accounts payable automation is delivered for businesses.
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| 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 |
Corporate cards and expense management are offered to businesses.
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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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Latest news on Scoutbee
Frequently Asked Questions about Scoutbee
When was Scoutbee founded?
Scoutbee was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Scoutbee located?
Scoutbee is headquartered in Wurzburg, Germany. It is registered at Wurzburg, Bavaria, Germany.
Is Scoutbee a funded company?
Scoutbee is a funded company, having raised a total of $76M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Nov 05, 2018.
What does Scoutbee do?
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.
Who are the top competitors of Scoutbee?
Scoutbee's top competitors include Coupa, Sage Group and Airbase.
What products or services does Scoutbee offer?
Scoutbee offers Procurement Platform and Supplier Network.
Who are Scoutbee's investors?
Scoutbee has 7 investors. Key investors include Coupa, Lakestar, Atomico, Next47, and Toba Capital.
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