Yapta company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

yapta.com

Founded Year

2006

Stage

Acquired | Acquired

Total Raised

$23.23M

About Yapta

Yapta is a provider of airfare price assurance services for travelers, and the developer of FareIQ, the corporate travel industry's independent airfare price tracking solution. Yapta's technology is helping companies with heavy travel volumes reduce their spend and extend their T&E budget by constantly tracking booked airfares and flagging lower rates when they become available.On January 7th, 2020, Yapta was acquired by Coupa Software, terms of the agreement were not disclosed.

Yapta Headquarter Location

401 2nd Ave. S. Ste 101

Seattle, Washington, 98104,

United States

206-625-2301

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Yapta

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

Yapta is included in 1 Expert Collection, including Travel Technology (Travel Tech).

T

Travel Technology (Travel Tech)

2,144 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

Yapta Patents

Yapta has filed 4 patents.

The 3 most popular patent topics include:

  • Acoustic fingerprinting
  • Biometrics
  • Fingerprinting algorithms
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/20/2007

7/8/2014

Embedded systems, Computer security exploits, Executable file formats, User interfaces, Network protocols

Grant

Application Date

11/20/2007

Grant Date

7/8/2014

Title

Related Topics

Embedded systems, Computer security exploits, Executable file formats, User interfaces, Network protocols

Status

Grant

Latest Yapta News

Coupa bulks out Travel & Expense capabilities in readiness for the return of the road warrior

Feb 16, 2022

Audio mode Summary: Business travel is set to see an uptick in 2022, variants permitting, and Coupa intends to be ready. Spend management champion Coupa has launched its integrated travel booking module as the prospects for the return of  business travel in the Vaccine Economy open up. Coupa Travel and Expense is built on a foundation of two acquisitions - price monitoring capabilities from Yapta and booking firm Pana. As per the official launch release, new travel management solutions include: Smart Itineraries: Personalized, intelligent trip itineraries customized to balance traveler preferences with company policy and priorities. Travel Saver: Real-time price tracking for all airline and hotel bookings to capture significant savings when prices drop. Spend Coach: Encouragement of smart spending by providing employees who expense non-travel related items with insight into how much money they would save by booking off company contracts. Dynamic Messages: Timely health and safety messages to travelers based on their itinerary. Built-in Savings: Integrated savings for thousands of airlines, hotels, ride-share providers, and rental car brands via Coupa Advantage. 24/7/365 Traveler Support: Around-the-clock live agent assistance for travelers to support their global travels. The new offering is backed by settlement and traveler support from Travel Leaders Corporate, while the booking system taps into Sabre. In the coming months, it will be integrated with Coupa Pay. New age It’s an offering built for a new era of business travel as economies open up post-COVID. Coupa has long had a T&E expense-reporting system, but while the pandemic only served to emphasize the need for organizations to keep tight control of their spend management, the collapse of the travel sector during near two years of intermittent lockdowns and working from home policies meant that this part of Coupa’s portfolio was negatively impacted. In December last year Coupa CEO Rob Bernshteyn talked about the pent-up desire for more in-person interaction after so long being tied to virtual meetings, but he admitted that how quickly the return to business travel would kick in was unclear: But what I can tell you is what we're doing, which is we're expanding a really robust expense management offering that's being used now today by hundreds of customers around the world to expand upstream with a bookings engine, that's going to make it super simple and intuitive for them to actually make their travel plans to seamlessly integrate that into our expenses core, to seamlessly make it possible for you to then pay and reimburse for that travel and expenses, and leverage the power of our community to identify fraud and recommend and prescribe travel options for employees and users around the world. So, while I can't predict you the pace of which travels is likely to improve, but I think we all intuitively think it will. We just don't know what pace. What I can tell you is we're going to be in market with an offering that I think is quite compelling, and unlocks more of the value of our suite synergy and delivers measurable results for customers. That’s where Coupa Travel & Expense comes in, now complete with booking capabilities. In a blog post , Devon Tivona, Senior Director of Product, said that the firm has learned a lot from monitoring user behaviors during the pandemic: During the COVID-19 pandemic, Coupa has kept a close eye on how companies are managing their travel and expenses. Though travel patterns have changed, the pandemic has also shown all of us that a face-to-face conversation with a colleague, partner, or customer is still irreplaceable. As business travel begins to pick up again, it’s time for companies to think about how they can get maximum value from their travel spend. He added: Today, almost half of all companies struggle to get the large majority of their travelers to use their company-preferred travel booking tool. Here at Coupa, we asked ourselves: What’s the point of trying to get a picture of your travel spend if most of that picture is missing? That’s why — at the very outset of building this product with and for our customers — we made it our top priority to create a platform that travelers would be thrilled to use to book business travel. With Coupa, users book trips in fewer than five minutes with our smart travel recommendations and leverage our powerful mobile app to get live travel agent support while on the road. Our seamless integration between travel and expenses makes submitting an expense report quick and painless. A long road? But going back to Bernshteyn’s point back in December, while business travel has seen an uptick, how great - and robust - is that return? Late last month the Global Business Travel Association argued that the longer term outlook for business travel was strong, although Omicron had proved to be a setback in the short term. That conclusion was based on the Association’s latest COVID-19 Recovery series of polls. It found that three-quarters of travel managers expect business travel volume at their company will be much (17%) or somewhat (58%) higher in 2022 than it was in 2021, while 12% expect business travel to remain about the same as 2021. Just over a quarter of US travel managers (27%) cite corporate travel policies as being the major barrier to employee travel, with 35% of respondents in North America saying that their organization has cancelled all or most business trips. That said, most travel managers (64%) reckon that their employees are willing or very willing to travel for business. Even assuming the best possible COVID-19 outcomes, corporate travel in 2022 is unlikely to reach or even near 2019 levels. Not all road warriors will be eager to return to their pre-pandemic frequency. Not all clients will immediately welcome the same volume of visitors they did in 2019. At the same time, CEOs and CFOs will likely continue to closely scrutinize travel spend and return on investment after operating successfully with so few trips…As executives navigate corporate travel’s return, opportunities exist for travel providers to partner, advise, and provide new tools to address reassessed priorities. My take It’s interesting to note that Deloitte’s 2021 Holiday Travel Survey looked at corporate travel use cases based on business impact and tech replaceability: Deloitte 2022 travel industry outlook It’s against this backdrop that Coupa’s new offering will play. As business travel does return - however slowly - this upgrade to Coupa’s functional footprint in the space should position it well, enabling CFOs and procurement teams to keep a tight grip on travel costs in the Vaccine Economy. It’ll also do no harm at all to Coupa’s capability to challenge the likes of SAP Concur in the once-and-future (hopefully) lucrative travel sector.

  • When was Yapta founded?

    Yapta was founded in 2006.

  • Where is Yapta's headquarters?

    Yapta's headquarters is located at 401 2nd Ave. S., Seattle.

  • What is Yapta's latest funding round?

    Yapta's latest funding round is Acquired.

  • How much did Yapta raise?

    Yapta raised a total of $23.23M.

  • Who are the investors of Yapta?

    Investors of Yapta include Coupa Software, Voyager Capital, SAP Concur, Amadeus Ventures, Swiftsure Capital and 6 more.

  • Who are Yapta's competitors?

    Competitors of Yapta include SAP Concur.

You May Also Like

F
Fintainium

Fintainium enables billers and payers to control the way they make and receive payments by providing a wide-reaching selection of payment methods. Users can convert legacy paper-based invoicing and payment processes to real-time electronic systems that provide the rapid exchange of data, increasing overall productivity and cash flow.

C
Custodia

Custodia provides a way for organizations to manage and control credit card spend. Through employee empowerment, machine learning, and real-time decisioning its platform allows companies to fully automate expense management and approvals. Finance teams, managers, and employees are provided with insights and analytics to gain full visibility into their corporate spend.

vic.ai Logo
vic.ai

Vic.ai performs bookkeeping and accounting tasks using A.I. algorithms.

Crowd Cast Logo
Crowd Cast

Crowd Cast develops cloud services and apps for expense management. The company's app, Staple, allows users to input company expense records via smartphone, which then transmits the data to a company's accounting system. It was founded in 2011 and is based in Tokyo, Japan.

Spendesk Logo
Spendesk

Spendesk aims to change the way companies manage their payments by offering a full-fledged corporate spending solution. Spendesk provides a central dashboard to track budgets, receipts, and expense approvals for European companies.

Ramp Logo
Ramp

Ramp offers credit cards targeted at small and medium-sized businesses (SMBs) with a focus on high-growth startups. The company aims to provide companies with higher card limits, saving opportunities, automated expense management, receipt matching, and accounting integration. The company was founded in 2019 and is based in New York, New York.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.