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Concur
Unicorn exit · $8.3Bacquired by SAP2 known investors
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Acquired by SAP September 2014 · $8.3B ($129 per share, ~$8.3 billion enterprise value) · source ↗
SAP Concur is a spend management platform that consolidates travel, expense, and accounts payable processes in a single system for organizations to track and control spending. The platform serves mid-to-large enterprises seeking to enforce spending policies, reduce fraud, and gain visibility into organizational expenditures.
Founders & leadership
Investors · 2
How we know: Mayfield Fund's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: RRE Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
Founder mafia
7 people who came through Concur went on to found or lead other companies.
Acquisitions · 1
Early investors' stakes continue via these dealsHipmunk is a travel planning site and mobile app that compares flights, trains, charter flights, and accommodations (including hotels and Airbnb/HomeAway rentals) across top travel sites, with "Agony" and "Ecstasy" sorts to help users choose options. It serves consumers planning travel and is based in San Francisco.
In the news
Frequently asked questions
- What does Concur do?
- SAP Concur is a spend management platform that consolidates travel, expense, and accounts payable processes in a single system for organizations to track and control spending. The platform serves mid-to-large enterprises seeking to enforce spending policies, reduce fraud, and gain visibility into organizational expenditures.
- Who are Concur's investors?
- Concur's investors include Mayfield Fund, RRE Ventures.
- Who acquired Concur?
- Concur was acquired by SAP.