
SAP Concur
Provides expense management software to businesses.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $4.3m | Early VC | |
N/A | $288m | Convertible | |
$5.0m | Series A | ||
N/A | $2.5m | Series B | |
$7.5m | Series B | ||
$8.3b Valuation: $8.3b | Acquisition | ||
Total Funding | $307m |




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Concur Technologies, Inc. operates in the business services sector, providing integrated solutions for expense, travel, and invoice management. The company serves a diverse range of clients, including small businesses, public sector entities, healthcare providers, higher education institutions, and life sciences companies. Concur's primary market is global, with a strong presence in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region.
Concur's business model revolves around offering software-as-a-service (SaaS) solutions that streamline and automate expense reporting, travel booking, and invoice processing. These services help organizations improve efficiency, reduce costs, and ensure compliance with corporate policies and regulatory requirements. The company generates revenue through subscription fees for its cloud-based software, as well as through transaction fees for travel bookings and other value-added services.
Concur's platform integrates with various enterprise resource planning (ERP) systems and other business applications, providing a seamless experience for users. The company also offers a mobile app, enabling employees to manage expenses and travel on the go. Concur's solutions are designed to meet the needs of businesses of all sizes, from small enterprises to large multinational corporations.
Keywords: expense management, travel booking, invoice processing, SaaS, automation, compliance, ERP integration, mobile app, global market, business services.
Tech stack
Investments by SAP Concur
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