Coupa Software, which provides cloud-based software that helps enterprises manage their spend, filed on Thursday with the SEC to raise up to $75 million in an initial public offering.
The San Mateo, CA-based company was founded in 2006 and booked $109 million in sales for the 12 months ended July 31, 2016. It plans to list on the Nasdaq under the symbol COUP. Morgan Stanley, J.P. Morgan, Barclays and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
