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Founded Year

2000

Stage

Private Equity - III | Alive

Total Raised

$133M

Valuation

$0000 

Last Raised

$60M | 5 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-19 points in the past 30 days

About Ivalua

Ivalua focuses on providing cloud-based spend management software. It includes a unified platform for managing all categories of spend and suppliers, which aids in increasing profitability, improving environmental, social, and governance (ESG) performance, lowering risk, and enhancing employee productivity. The company primarily serves various industries such as aerospace and defense, automotive, construction and engineering, financial services, healthcare, manufacturing, oil, gas and energy, public sector, retail, and telecommunications. The company was founded in 2000 and is based in Redwood City, California.

Headquarters Location

805 Veterans Boulevard

Redwood City, California, 94063,

United States

650 815 7201

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Ivalua's Product Videos

ESPs containing Ivalua

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Supply Chain & Procurement

The procure-to-pay market addresses all aspects of purchasing goods and services, from procurement to payment. This market includes technology solutions to automate and streamline this process, improving efficiency, reducing costs, and minimizing the risk of errors and fraud. These solutions include spend management platforms, supplier onboarding and management tools, and document management softw…

Ivalua named as Challenger among 15 other companies, including Coupa, Esker, and JAGGAER.

Ivalua's Products & Differentiators

    Source-to-Pay suite

    End-to-end platform to identify opportunities, negotiate contracts, manage those contracts, purchase off of those contracts, pay invoices.

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Research containing Ivalua

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Ivalua in 2 CB Insights research briefs, most recently on Oct 26, 2023.

Expert Collections containing Ivalua

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Ivalua is included in 5 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

4,224 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

1,249 items

S

SMB Fintech

355 items

T

Tech IPO Pipeline

282 items

Track and capture company information and workflow.

F

Fintech

9,304 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Ivalua Patents

Ivalua has filed 12 patents.

The 3 most popular patent topics include:

  • data management
  • database management systems
  • natural language processing
patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/8/2021

10/1/2024

Database management systems, SQL, Relational database management systems, Data management, Free database management systems

Grant

Application Date

10/8/2021

Grant Date

10/1/2024

Title

Related Topics

Database management systems, SQL, Relational database management systems, Data management, Free database management systems

Status

Grant

Latest Ivalua News

SOVRA Appoints Mike Cook as Chief Product Officer to Drive Innovation and Shape the Future of Public Procurement

Oct 17, 2024

News provided by Share this article SOVRA Appoints Mike Cook as Chief Product Officer SOVRA, the leading eProcurement platform from mdf commerce, is proud to announce the appointment of Mike Cook as its new Chief Product Officer (CPO). LATHAM, N.Y., Oct. 17, 2024 /PRNewswire-PRWeb/ -- SOVRA, the leading eProcurement platform from mdf commerce, is proud to announce the appointment of Mike Cook as its new Chief Product Officer (CPO). Bringing over 15 years of strategic leadership in public sector procurement, digital transformation, and supply chain operations. Cook will lead SOVRA's product vision to create next-generation solutions that redefine how governments procure, manage contracts, and achieve community impact. Driving the Next Wave of Innovation for the Public Sector "At SOVRA, our mission is to empower public sector professionals to do their best work, and Mike's experience and innovative mindset are the perfect match to drive that mission forward." Cook's appointment signals a bold step forward in SOVRA's journey to becoming the go-to platform for government procurement teams. As a seasoned executive who has held leadership roles at Icertis, Ivalua, and KPMG, Cook's expertise spans every corner of the procurement process—from digital transformation and technology implementation to complex Source-to-Pay strategies. In his most recent role as CEO & Founder of MPC Consulting, he provided strategic guidance and advisory services to public sector entities navigating the complexities of procurement and supply chain optimization. "At SOVRA, our mission is to empower public sector professionals to do their best work, and Mike's experience and innovative mindset are the perfect match to drive that mission forward," said Luc Filiatreault, Chief Executive Officer of mdf commerce. "He understands the nuanced needs of public sector teams and has a proven track record of building technology solutions that solve real-world challenges. We're excited to have him on board as we continue to set a new standard for government technology." Delivering Value, One Innovation at a Time As Chief Product Officer, Cook will oversee SOVRA's product strategy, focusing on designing and delivering user-friendly solutions that streamline procurement, enhance transparency, and embrace advanced technologies to create positive outcomes for communities. His immediate priorities include accelerating product innovation, integrating and enhancing AI and data analytics, and expanding SOVRA's offerings to provide a unified suite of tools that supports the entire procurement lifecycle. "Public procurement is at a critical juncture where innovation is no longer just a nice-to-have; it's essential for delivering the accountability and efficiency that governments and communities demand," said Cook. "I'm thrilled to join SOVRA at this exciting stage, where we have the opportunity to shape the future of procurement for governments across North America. My goal is to ensure our solutions are not just meeting the needs of today's procurement teams but anticipating the challenges of tomorrow." A Track Record of Transformational Leadership Cook's career has been marked by a relentless focus on driving transformational change within the public sector. At Icertis, he served as General Manager for the Public Sector, where he developed and led strategic initiatives to build new government solutions, grow the business, and expand into new markets. Prior to that, he headed the public sector division at Ivalua and served as a Director at KPMG, where he advised public sector organizations on procurement optimization and digital transformation strategies. Cook has been involved in over 10 State and large agency implementations of complex procurement systems. His unique combination of vision, execution, and public sector expertise will help elevate SOVRA's product and implementation strategy to the next level. About SOVRA SOVRA represents over 20 years of mdf commerce's expertise and innovation, integrating the strengths of industry-leading brands like BidNet Direct, Periscope, and Merx. Serving over 7,000 buyers and connecting them with more than 1,000,000 suppliers across North America, SOVRA delivers the most advanced procurement solutions available. With a focus on transparency, efficiency, and effectiveness, SOVRA empowers governments to optimize every tax dollar and deliver exceptional community services. Discover how SOVRA can transform your procurement processes by visiting http://www.sovra.com . Media Contact SOURCE SOVRA

Ivalua Frequently Asked Questions (FAQ)

  • When was Ivalua founded?

    Ivalua was founded in 2000.

  • Where is Ivalua's headquarters?

    Ivalua's headquarters is located at 805 Veterans Boulevard, Redwood City.

  • What is Ivalua's latest funding round?

    Ivalua's latest funding round is Private Equity - III.

  • How much did Ivalua raise?

    Ivalua raised a total of $133M.

  • Who are the investors of Ivalua?

    Investors of Ivalua include Ardian, Tiger Global Management, KKR and French Tech Tour Canada.

  • Who are Ivalua's competitors?

    Competitors of Ivalua include JAGGAER, ContractPodAi, Tradeshift, Coupa, Dentametr and 7 more.

  • What products does Ivalua offer?

    Ivalua's products include Source-to-Pay suite.

  • Who are Ivalua's customers?

    Customers of Ivalua include Honeywell, City of New York and IKEA.

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Compare Ivalua to Competitors

Z
Zycus

Zycus is a company that focuses on cognitive procurement, operating in the software as a service (SaaS) industry. The company offers a suite of AI-powered software solutions that streamline procurement processes, including source-to-pay, e-invoicing, accounts payable automation, and contract lifecycle management. These solutions primarily cater to large global enterprises across various sectors. It was founded in 1998 and is based in Princeton, New Jersey.

JAGGAER Logo
JAGGAER

JAGGAER focused on procurement software solutions sector, focusing on intelligent source-to-pay and supplier collaboration platforms. The company offers AI-powered tools designed to automate procurement processes, manage spend, and enhance supplier collaboration. JAGGAER's solutions cater to various industries including education, manufacturing, healthcare, and more, providing analytics, strategic sourcing, spend management, and supply chain collaboration services. JAGGAER was formerly known as SciQuest. It was founded in 1995 and is based in Durham, North Carolina.

BirchStreet Systems Logo
BirchStreet Systems

BirchStreet Systems is a company that focuses on providing end-to-end procure-to-pay solutions, operating primarily in the software as a service (SaaS) sector. The company offers a range of services including eProcurement, invoice management, inventory control, and recipe management, all aimed at improving business processes through automation, efficiency, and visibility. BirchStreet Systems primarily serves the hospitality industry, including hotels, casinos, restaurants, and food manufacturing. It was founded in 2002 and is based in Newport Beach, California.

Vroozi Logo
Vroozi

Vroozi is a company that focuses on business spend management, operating within the procurement and accounts payable automation industry. The company offers a platform that digitizes the procurement and vendor invoice management processes, leveraging AI and machine learning capabilities to streamline business operations. This platform is designed to reduce transaction costs, maximize efficiency, and improve business margins, providing financial insights to stakeholders. It is based in Sherman Oaks, California.

GEP Logo
GEP

GEP provides procurement and supply chain solutions. The company provides artificial intelligence (AI) enabled software, strategy consulting, and managed services. Its main offerings include procurement software, supply chain management solutions, and strategic consulting services, all designed to help businesses streamline their operations and increase efficiency. It was founded in 1999 and is based in Clark, New Jersey.

Coupa Logo
Coupa

Coupa operates as a business spend management (BSM) company within the cloud-based software industry. The company offers an artificial intelligence (AI) driven platform that provides solutions for procurement, supply chain management, finance, and more. Coupa's platform is designed to automate and optimize business spending processes, including procurement, invoicing, expense management, and supply chain planning. It was founded in 2006 and is based in San Mateo, California.

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