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Scout RFP

San Francisco, US · Founded 2013 · 5 known investors

Find your way into Scout RFP

Workday Strategic Sourcing (formerly Scout RFP) is strategic sourcing software that streamlines the source-to-contract process, including sourcing intake, RFx analysis, supplier onboarding, risk management, and AI-powered contract lifecycle management. It integrates with finance and procurement systems and serves enterprise procurement teams.

AI & Machine LearningEnterprise SoftwareSaaS

Founders & leadership

Scout RFP was founded in 2013 by Alex Yakubovich, Stan Garber, Chris Crane, and Andrew Durlak.

AYAlex Yakubovich
Alex YakubovichinCo-founder · GM, Spend2020–2022Founder at Level Path
SGStan Garber
Stan GarberinCo-Founder & President2014–2020Founder at Level Path
CCChris Crane
Chris CraneinFounder2013–2020
ADAndrew Durlak
Andrew DurlakinCo-Founder & Vice President, Operations2014–2019

Board

CP
Chetan PuttaguntaBoard director

Investors · 5

Menlo VenturesSan Francisco · $1M – $20M
New Enterprise Associates (NEA)Menlo Park · $200K – $40M
Scale Venture PartnersSan Francisco · $5M – $25M
GV (Google Ventures)reportedMountain View · $250K – $50M
Workday Venturesreported · 2 sourcesSan Francisco

Reported raises · per SEC filings

Form D private placements

$49.2M disclosed across 2 rounds · 2017–2018

▶$33.6MraisedMar 2019 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Stan GarberExecutive Officer, Director
  • Ravi ViswanathanDirector
  • Alex NiehenkeDirector
  • Matt MurphyDirector
  • Alex YakubovichExecutive Officer, Director
Offering amount
$33.6M
Amount sold
$33.6M
First sale
Dec 2018
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15.6MraisedJun 2017 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Chetan PuttaguntaDirector
  • Alex YakubovichExecutive Officer, Director
  • Stan GarberExecutive Officer, Director
  • Chris CraneExecutive Officer
  • Andrew DurlakExecutive Officer
Offering amount
$15.6M
Amount sold
$15.6M
First sale
May 2017
Incorporated
Corporation, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Scout RFP went on to found or lead other companies.

Becca ShermanCustomer Success SpecialistFounded WASTE NOTHINGBryan RosensteinSenior Director of OperationsFounded Level Path

In the news

Workday buys e-sourcing solutions startup Scout RFP for $540M - SiliconANGLEsiliconangle.com · Nov 2019Why Salesforce And Workday Joined The $33 Million Raise For A Procurement Software Startupforbes.com · Jan 2019Scout RFP Raises $33M to Define the Future of Strategic Sourcing and Procurement Including Investments from Scale Venture Partners and Workday Venturesprnewswire.com · Jan 2019Scout RFP Raises $33M in Series C Funding - FinSMEsfinsmes.com · Jan 2019Scout RFP raises $15.5 million to help companies manage purchases | by Edwin Elodimuor | The SaaS Review | Mediummedium.com · Jun 2017Scout RFP™ secures $2.75MM in funding from NEA, Google Ventures, and Zapis Capital to aid its mission of making RFPs painlessprnewswire.com · Jan 2015

Frequently asked questions

What does Scout RFP do?
Workday Strategic Sourcing (formerly Scout RFP) is strategic sourcing software that streamlines the source-to-contract process, including sourcing intake, RFx analysis, supplier onboarding, risk management, and AI-powered contract lifecycle management. It integrates with finance and procurement systems and serves enterprise procurement teams.
Who founded Scout RFP?
Scout RFP was founded by Alex Yakubovich, Stan Garber, Chris Crane, Andrew Durlak in 2013.
Who are Scout RFP's investors?
Scout RFP's investors include Menlo Ventures, New Enterprise Associates (NEA), Scale Venture Partners, GV (Google Ventures), Workday Ventures.
How much funding has Scout RFP raised?
Scout RFP has disclosed $49.2M raised across 2 rounds.
Where is Scout RFP headquartered?
Scout RFP is headquartered in San Francisco, US.