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How Ivalua CEO David Khuat Duy grew Ivalua to $153M revenue and 3K customers in 2024.

Ivalua is a software company that owns and operates ivalua.com, providing a cloud-based spend management platform. The platform enables businesses to manage their procurement processes, including sourcing, contracting, supplier management, and analytics, all in one place. Ivalua's solutions are designed to help businesses automate their procurement processes, improve supplier relationships, and optimize their spending. The company was founded in 2000 and has since served over 300 customers worldwide, including major companies such as Honeywell, Michelin, and Deutsche Telekom. Ivalua is headquartered in Redwood City, California, with offices across the Americas, Europe, and Asia-Pacific.

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Ivalua Revenue

In 2024, Ivalua's revenue reached $153M. The company previously reported $121.7M in 2024. Since its launch in 2000, Ivalua has shown consistent revenue growth.

Ivalua Revenue GrowthReported revenue / ARR by year$0$40M$80M$120M$160M$200M2000200220042006200820102012201420162018202020222024$0$51M$153MSource: GetLatka.com
YearMilestone
2024Ivalua Hit $153m revenue in November 2024Source
2024Ivalua Hit $121.7m revenue in October 2024
2023Ivalua Hit $81.8m revenue in October 2023
2021Ivalua Hit $51.2m revenue in April 2021
2000Launched with $0 revenue

Ivalua Valuation, Funding Rounds

Ivalua's most recent disclosed valuation is $1.1B.

Ivalua has raised $133.6M in total funding across 3 rounds, most recently a $60M Private Equity Round round in 2019.

Ivalua Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$30M$60M$90M$120M$150M200020022004200620082010201220142016201820192000 cumulative: $0 • 2000 Founded: $02011 cumulative: $4M • 2000 Founded: $0 • 2011 Venture Round: $4M2017 cumulative: $74M • 2000 Founded: $0 • 2011 Venture Round: $4M • 2017 Private Equity Round: $70M2019 cumulative: $134M • 2000 Founded: $0 • 2011 Venture Round: $4M • 2017 Private Equity Round: $70M • 2019 Private Equity Round: $60M$134M2000 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Private Equity Round$60M--
2017Private Equity Round$70M--
2011Venture Round$3.6M--

Ivalua Employees & Team Size

Ivalua employs approximately 1.1K people as of 2026, up from 965 in 2024.

Ivalua has 1.1K total employees in different roles and functions and 89 sales reps that carry a quota. They have 3K customers that rely on the company's solutions.

Ivalua Team GrowthReported headcount over time02505007501,0001,25020002002200420062008201020122014201620182020202220242025001,1321,132Source: GetLatka.com
YearMilestone
2025Reached 1.1K employees (November 2025)
2024Reached 965 employees (October 2024)
2023Reached 965 employees (October 2023)
2023Reached 947 employees (September 2023)
2023Reached 947 employees (September 2023)
2023Reached 947 employees (September 2023)
2023Reached 501 employees (July 2023)
2023Reached 869 employees (January 2023)
2022Reached 854 employees (October 2022)
2022Reached 796 employees (January 2022)
2021Reached 726 employees (December 2021)
2021Reached 672 employees (August 2021)
2021Reached 610 employees (April 2021)

Founder / CEO

David Khuat Duy

David Khuat Duy is listed as Founder / CEO at Ivalua.

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Frequently Asked Questions about Ivalua

What is Ivalua's revenue?

Ivalua generates $153M in revenue.

Who founded Ivalua?

Ivalua was founded by David Khuat Duy.

Who is the CEO of Ivalua?

The CEO of Ivalua is David Khuat Duy.

How much funding does Ivalua have?

Ivalua raised $133.6M.

How many employees does Ivalua have?

Ivalua has 1.1K employees.

Where is Ivalua headquarters?

Ivalua is headquartered in Paris, France.

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Compare Ivalua to the industry

Ivalua operates across multiple industries. Browse revenue, funding, and growth data for Ivalua in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .