Ivalua
Ivalua is a provider of AI-powered, cloud-based software for business spend management.[1].
Company History
Ivalua was founded in France in 2000 by David Khuat-Duy [2].
In 2017, Ivalua acquired DirectWorks[3].
In 2019, Ivalua raised €60 million in funding[4], reaching unicorn status[5].
In 2020, Ivalua exceeded $100 million in revenue[6].
In 2024, Ivalua reported $200 million in revenue[7].
In January 2025, Franck Lheureux took over as CEO 2025 as Khuat-Duy became the company's first Chief AI Officer [8] [9].
The company maintains dual headquarters in Redwood City, California, and Massy, France, with 15 additional offices in global cities, including New York, Paris, Pune, London, Frankfurt, Dubai, Montpellier, Singapore, and Montreal. As of 2025, Ivalua serves about 500 organizations globally[10]
Technology and Customers
Ivalua’s platform is a unified, cloud-based Source-to-Pay (S2P) suite designed to manage all categories of spend and suppliers. It is used by a global organizations across industries. Notable customers include Orange[11], Prada[12], Bulgari[13], BAE Systems Inc.[14], the Volkswagen Group[15], as well as public institutions like the U.S. states of Maryland and Arizona, and San Diego County.
Partnerships
Ivalua engages in partnerships with major consulting and systems integration firms such as Capgemini[16], and KPMG[17] and technology partners such as Amazon Business[18] and EcoVadis to support procurement and digital transformation initiatives across industries.[citation needed]
Product Categories
- Strategic Sourcing
- Supplier Management and Supplier Master Data Management
- Spend Analytics
- Category Management
- Contract Management
- eProcurement
- Invoicing
- Procure-to-Pay
- Payments
- Direct Materials Spend Management
References
- ↑ Poinski, Megan. "The New Supply Chain Challenge: Making Huge Decisions In A Short Time". Forbes. Retrieved 2025-11-05.
- ↑ La licorne Ivalua à l'heure de l'IA générative (in français). 2024-03-13. Retrieved 2025-11-05 – via www.bfmtv.com.
- ↑ "Navidar Advises Directworks in Its Sale to Ivalua". Navidar. Retrieved 2025-11-05.
- ↑ https://venturebeat.com/business/spend-management-software-provider-ivalua-raises-60-million-at-a-1-billion-valuation
- ↑ PYMNTS (2019-05-22). "Spend Management Startup Ivalua Hits Unicorn Status". PYMNTS.com. Retrieved 2025-11-05.
- ↑ Chain, IT Supply (2019-05-23). "Ivalua Exceeds $1B Valuation in New Funding Round to Accelerate Global Expansion & Technology Innovation". Supply Chain IT. Retrieved 2025-11-05.
- ↑ "Can AI help procurement with the art of decision making?". 2025-03-18. Retrieved 2025-11-05.
- ↑ PYMNTS (2025-02-05). "Why This Payments CEO Decided to Become Chief AI Officer Instead". PYMNTS.com. Retrieved 2025-11-05.
- ↑ Monsanto, ByBrianna. "Why David Khuat-Duy traded in his CEO hat for the CAIO role". IT Brew. Retrieved 2025-11-05.
- ↑ Bergfors, Magnus (2025-03-17). "Magnus Mondays — Ivalua Now EMEA 2025 — Realistic Innovations". CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT. Retrieved 2025-11-05.
- ↑ Framery, Geoffroy (2025-03-18). "Groupe Orange: Comment restructurer le SI achats pour plus de performance ?". Decision-achats.fr (in français). Retrieved 2025-11-05.
- ↑ Tacheva, Denica (2025-07-16). "Retour d'expérience CPO: de l'art de muscler sa supply chain chez Prada". Decision-achats.fr (in français). Retrieved 2025-11-05.
- ↑ "Digital Transformation at luxury retailer Bulgari". 2025-04-24. Retrieved 2025-11-05.
- ↑ "BAE Systems selects Ivalua to streamline S2P processes - ADS Advance". www.adsadvance.co.uk. Retrieved 2025-11-05.
- ↑ "Volkswagen bekommt neue Beschaffungs-Software". www.automobilwoche.de (in Deutsch). Retrieved 2025-11-05.
- ↑ "Ivalua". Capgemini. Retrieved 2025-11-05.
- ↑ "KPMG x Ivalua". KPMG. Retrieved 2025-11-05.
- ↑ PYMNTS (2021-06-10). "Ivalua Debuts Integrated Supply Search Tools Via Amazon Business". PYMNTS.com. Retrieved 2025-11-05.
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