Coupa Acquires Cirtuo, Leader in AI-Powered Category Management
- On May 13, 2025, Coupa, headquartered in Foster City, California, announced it acquired Cirtuo, a Croatia-based leader in AI-powered category management.
- Coupa made this strategic investment to accelerate its autonomous spend management vision amid mounting pressure on category managers to align procurement with enterprise priorities like sustainability and risk mitigation.
- The acquisition combines Cirtuo’s advanced AI-driven category management tools with Coupa’s comprehensive Total Spend Management system to close the gap between strategic procurement planning and day-to-day purchasing decisions.
- Coupa’s Chief Product Officer Salvatore Lombardo explained that acquiring Cirtuo enhances their AI-driven capabilities and addresses an important deficiency in Coupa's Strategic Sourcing Suite, enabling customers to effectively influence margins, particularly within direct spend categories.
- Through this acquisition, Coupa enhances its Strategic Sourcing Suite by offering an integrated solution that enables more than 5,000 category managers to develop AI-driven, insight-based strategies that closely align with their organizations' business objectives.
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