Scoutbee
Latest round
- Series B
Last raised
- Dec 2019
Total raised
- $76M
Investors
- 7
About Scoutbee
Founded in 2015 and based in Würzburg, Germany, Scoutbee GmbH operates as an AI-powered supplier discovery and procurement platform that connects buyers and suppliers through a data-rich network, helping organizations streamline sourcing, onboarding, and supplier management using machine learning and collaborative tools., a portfolio company of Battery Ventures, Blackstone, El Dorado Ventures, Meritech Capital Partners, Mohr Davidow Ventures, T Rowe Price, General Atlantic, BlueRun Ventures, Thoma Bravo, Crosslink Capital, IconVentures, PremjiInvest, Rally Ventures, ICONIQ Capital acquired? Scoutbee GmbH for an undisclosed amount. Scoutbee offers an AI-driven platform for supplier discovery, strategic sourcing, and supplier relationship management. Its solution provides real-time supplier recommendations, compliance checks, and data-driven insights, helping procurement teams mitigate risks and improve efficiency across global supply chains. Scoutbee’s revenue model is based on a subscription-driven SaaS platform tailored for enterprise procurement teams. Companies pay for access to its AI-powered supplier discovery and sourcing tools, with premium tiers offering advanced analytics, compliance features, and strategic sourcing capabilities. This recurring subscription structure ensures predictable revenue while scaling with large organizations’ procurement needs. Post-acquisition, Scoutbee will integrate its AI capabilities into Coupa’s spend management ecosystem, expanding its reach to Coupa’s global customer base. The combined offering aims to deliver enhanced supplier intelligence, predictive sourcing, and improved resilience against supply chain disruptions.
Who invested in Scoutbee
7 investors across 3 rounds
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Questions about Scoutbee
Who invested in Scoutbee?
Scoutbee has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Scoutbee raised?
Scoutbee has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Scoutbee last raise money?
Scoutbee's most recent round on record is a Series B, in Dec 2019.
What does Scoutbee do?
Founded in 2015 and based in Würzburg, Germany, Scoutbee GmbH operates as an AI-powered supplier discovery and procurement platform that connects buyers and suppliers through a data-rich network, helping organizations streamline sourcing, onboarding, and supplier management using machine learning and collaborative tools.
Where is Scoutbee headquartered?
Scoutbee is headquartered in Germany.
Which VCs invest in companies like Scoutbee?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back internet companies at Scoutbee's stage. Their profiles are linked below.
VCs backing internet startups at Series B
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