# Scoutbee

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/scoutbee

- Industry: Internet
- Headquarters: Germany
- Website: www.scoutbee.com/
- Total disclosed funding: $76M
- Latest round: Series B (Dec 10, 2019)
- Investors on record: 7

## About

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. In October 2025, Coupa Software Inc., 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.

## Funding rounds

- Series B, Dec 10, 2019, $60M — N47, HV Capital, Atomico, Lakestar, Toba Capital, 42Cap
- Series A, May 13, 2019, $12M — HV Capital, 42Cap, Red Beard Holdings, LLC
- Seed, Nov 5, 2018, $4M — HV Capital, Toba Capital, 42Cap

## Investors

- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Seed, Series A, Series B
- Toba Capital (https://capitalatlas.ai/funds/toba-capital) — Seed, Series B
- 42Cap (https://capitalatlas.ai/funds/42cap) — Seed, Series A, Series B
- Red Beard Holdings, LLC — Series A
- N47 (https://capitalatlas.ai/funds/n47) — Series B
- Atomico (https://capitalatlas.ai/funds/atomico) — Series B
- Lakestar (https://capitalatlas.ai/funds/lakestar) — Series B