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
Founders / Decision Makers
Team member
Employees 27
Industries AI, Analytics, B2B +5
Funding Stage Series B
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee

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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.

Business keywords: 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 $60.00M 6
Toba Capital, Atomico +4
20 Jan 2020
Series A $12.00M 3
Toba Capital, HV Capital +1
11 Jun 2019
Seed Round $4.00M 1
Toba Capital
05 Nov 2018

Scoutbee Alternatives & Competitors

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Scoutbee vs
Ignite
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Lio
Lio United States

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Alpas AI
Alpas AI Germany

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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 AI, Analytics, B2B, Big Data, Information Technology, Logistics, SaaS and Machine Learning. Its work centres on AI-driven Procurement, Supplier Discovery, Strategic Sourcing and Data-driven Recommendations. Its customers include Fortune 500 companies, Procurement professionals and Corporate supply chain managers.
Scoutbee has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
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 Ignite, Lio, Alpas AI, LightSource, JAGGAER. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Scoutbee and Ignite 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.

Source: BounceWatch company record for Scoutbee, https://bouncewatch.com/company/scoutbee, updated 28 May 2026. When citing, please name BounceWatch and link this page.

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