Scoutbee logo — Connecting buyers and suppliers through the world's richest...

Scoutbee

Connecting buyers and suppliers through the world's richest AI-driven procurement network.

Founded 2015 United States San Francisco, United States 27 employees Series B Total: $76.00M AI, Analytics +6

General Information

Company Name Scoutbee
Founded Year 2015
Location United States San Francisco, United States +2
Founders / Decision Makers
Team member
Employees 27
Industries AI, Analytics, B2B +5
Funding Stage Series B

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About Scoutbee

Scoutbee, founded in 2015 and headquartered in the United States, is revolutionizing the procurement landscape with its slogan: "Connecting buyers and suppliers through the world's richest AI-driven procurement network." The company's AI-powered platform is designed to assist Fortune 500 businesses in effectively identifying and assessing suppliers, promoting streamlined procurement processes that are smarter and more efficient.

Scoutbee operates at the intersection of several key industries including AI, Analytics, B2B, Big Data, Information Technology, Logistics, SaaS, and Machine Learning. The recent acquisition by Coupa is set to further enhance its capabilities in supplier discovery and intelligence, which could position Scoutbee distinctly in the supplier network space.

In terms of financial backing, Scoutbee secured a substantial $60.00M Series B investment in January 2020. This round was led by a notable set of investors including Toba Capital, Atomico, HV Capital, Next47, Lakestar, and 42CAP.

Taxonomy: AI-driven Procurement, Supplier Discovery, Strategic Sourcing, Data-driven Recommendations, Supply Chain Optimization, Supplier Relationship Management, Procurement Technology, Supplier Intelligence, Knowledge Graphs, Enterprise Solutions, Sourcing Platform, Digital Procurement, Fortune 500 Solutions

Services & Products

AI-powered procurement solutions
Supplier discovery and management
Spend management platform

Target Customers

Fortune 500 companies Procurement professionals Corporate supply chain managers Strategic sourcing departments

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 6
Investor Investor Investor Investor Investor Investor
20 Jan 2020
Series A •••••• 3
Investor Investor Investor
11 Jun 2019
Seed Round •••••• 1
Investor
05 Nov 2018

Scoutbee Alternatives & Competitors

View All Alternatives
Scoutbee vs
Coupa Software
Coupa Software United States

We make margins multiply™ with the #1 AI-driven Total Spend Management Platform.

Post Ipo Equity
3271 employees
Cloud Infrastructure, Fintech
Scoutbee vs
SourceMe
SourceMe Sweden

Connecting machine builders to trusted suppliers.

1 employees
Information Technology, Manufacturing
Scoutbee vs
Kwayga
Kwayga Ireland

Cutting Supplier Sourcing from Months to Minutes

Seed
12 employees
B2B, Internet

FAQ About Scoutbee

Connecting buyers and suppliers through the world's richest AI-driven procurement network.
Scoutbee was founded in 2015.
Scoutbee is headquartered in San Francisco, United States.
Scoutbee operates in the following industries: AI, Analytics, B2B, Big Data, Information Technology, Logistics, SaaS, Machine Learning.
Scoutbee has approximately 27 employees.
Scoutbee has completed 3 funding rounds, raising a total of $76.00M. The latest funding stage is Series B.
Scoutbee offers: AI-powered procurement solutions, Supplier discovery and management, Spend management platform.
Top alternatives and competitors to Scoutbee include Coupa Software, SourceMe, Kwayga, EDS International (Engineering, Design, Sourcing), Stimulus, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Scoutbee and Coupa Software are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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