Coupa Software acquiring Seattle startup Yapta to help businesses cut travel costs

▤ Summary

Coupa Software, a publicly traded company that helps businesses track their spending, has acquired Seattle corporate travel pricing startup Yapta. Yapta’s technology tracks ever-changing costs for airline and hotel reservations and instantly re-books when prices drop, without impacting the traveler’s experience. The company raised more than $25 million in funding, with Seattle’s Voyager Capital playing an active role as a lead investor. But by 2012, around the time CEO James Filsinger came onboard, it decided to pivot toward corporate travelers. The acquisition of Yapta gives Coupa greater visibility into corporate travel costs, a large line item for many companies.

▦ Linked Companies

Coupa

$500M to $1B