{
  "license": {
    "name": "CC BY 4.0",
    "url": "https://creativecommons.org/licenses/by/4.0/"
  },
  "cite_as": "Newsprint, \"Tonkean: what it sells, price and AI features\", https://www.newsprint.com/companies/tonkean/, updated 2026-11-11",
  "updated_at": "2026-11-11",
  "url": "https://www.newsprint.com/companies/tonkean/",
  "markdown_url": "https://www.newsprint.com/companies/tonkean.md",
  "title": "Tonkean: what it sells, price and AI features",
  "opening_answer": "Tonkean is on the AI procurement software map. We record 3 dated launches and events for it. The latest is dated May 21, 2026.",
  "period": "Sept. 23, 2025 to May 21, 2026",
  "methodology_url": "https://www.newsprint.com/updates/pr-software/#methodology",
  "company": {
    "id": "CVGMWMW",
    "slug": "tonkean",
    "name": "Tonkean",
    "aliases": [],
    "site": "https://www.tonkean.com",
    "summary": "\"AI-Powered Enterprise Intake & Process Orchestration.\" Tonkean is a no-code orchestration platform that wraps around systems like Coupa, SAP and contract tools. Procurement, legal and other back-office teams use it to take requests, route them and run the work with named AI agents. Coupa bought Tonkean in May 2026 and says it adds multi-agent orchestration.",
    "founded": 2015,
    "categories": [
      "intake"
    ],
    "status": "active",
    "price_note": null,
    "update_channels": [],
    "updated_at": "2026-11-11",
    "off_map": null,
    "merged_into": null,
    "category_names": [
      "Intake and orchestration"
    ]
  },
  "confirmed_product_launches": 0,
  "dated_product_launches": 0,
  "undated_launches": 0,
  "launches_data_url": "https://www.newsprint.com/data/launches.json",
  "count": 0,
  "launches": [],
  "launch_list": false,
  "indexed": true,
  "summary": {
    "text": "\"AI-Powered Enterprise Intake & Process Orchestration.\" Tonkean is a no-code orchestration platform that wraps around systems like Coupa, SAP and contract tools. Procurement, legal and other back-office teams use it to take requests, route them and run the work with named AI agents. Coupa bought Tonkean in May 2026 and says it adds multi-agent orchestration.",
    "source": {
      "name": "tonkean.com",
      "url": "https://www.tonkean.com"
    },
    "from": "record"
  },
  "maps": [
    {
      "map": "procurement-software",
      "title": "The AI procurement software map",
      "url": "https://www.newsprint.com/research/procurement-software/#co-tonkean",
      "section": "companies",
      "name": "Tonkean",
      "site": "https://www.tonkean.com",
      "category": "Intake and orchestration",
      "what": "\"AI-Powered Enterprise Intake & Process Orchestration.\" Tonkean is a no-code orchestration platform that wraps around systems like Coupa, SAP and contract tools. Procurement, legal and other back-office teams use it to take requests, route them and run the work with named AI agents. Coupa bought Tonkean in May 2026 and says it adds multi-agent orchestration.",
      "what_source": {
        "name": "tonkean.com",
        "url": "https://www.tonkean.com"
      },
      "price": "not published; sales-led",
      "price_published": false,
      "capabilities": {
        "label": "AI capabilities",
        "items": [
          "Named agent",
          "Contract review",
          "Assistant",
          "AI intake",
          "Invoice and PO matching",
          "Supplier risk"
        ]
      },
      "scale_tier": 4,
      "scale": "No disclosed scale (No funding or customer count published. Acquired by Coupa (May 2026), which reports a network of more than 3,500 buyers.)",
      "founded": "2015",
      "founded_source": null,
      "fate": null,
      "sources": [
        {
          "name": "tonkean.com",
          "url": "https://www.tonkean.com"
        },
        {
          "name": "tonkean.com",
          "url": "https://www.tonkean.com/blog/tonkean-announces-proactive-ai-agents--first-proactive-agents-for-enterprise-g-a-teams"
        },
        {
          "name": "tonkean.com",
          "url": "https://www.tonkean.com/blog/tonkean-releases-contracts-hub-ai-native-contract-orchestration-to-modernize-obligation-lifecycle"
        },
        {
          "name": "pymnts.com",
          "url": "https://www.pymnts.com/partnerships/2026/coupa-acquires-tonkean-to-expand-ai-spend-management/"
        }
      ],
      "more_sources": 0,
      "cross_listed": false
    }
  ],
  "off_map_url": null,
  "timeline": [
    {
      "id": "event-1",
      "url": "https://www.newsprint.com/companies/tonkean/#event-1",
      "on": "2026-05-21",
      "date_precision": "day",
      "title": "Coupa acquires Tonkean",
      "summary": "Coupa acquired Tonkean, an AI intake and orchestration platform, as its fourth strategic acquisition toward an agentic trade network, after Cirtuo, Scoutbee and Rossum. Coupa says Tonkean adds multi-agent orchestration.",
      "kind": "Acquisition",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-tonkean"
      },
      "source": {
        "name": "Thoma Bravo",
        "url": "https://www.thomabravo.com/press-releases/coupa-acquires-tonkean-to-accelerate-agentic-intake-and-orchestration-for-global-trade"
      }
    },
    {
      "id": "event-2",
      "url": "https://www.newsprint.com/companies/tonkean/#event-2",
      "on": "2026-01-13",
      "date_precision": "day",
      "title": "Tonkean releases Contracts Hub",
      "summary": "Tonkean released Contracts Hub, AI-native contract orchestration for procurement and legal teams covering the work from request and review through post-signature obligations. It is open to customers of its LegalWorks and ProcurementWorks products.",
      "kind": "Launch",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-tonkean"
      },
      "source": {
        "name": "Vendor blog",
        "url": "https://www.tonkean.com/blog/tonkean-releases-contracts-hub-ai-native-contract-orchestration-to-modernize-obligation-lifecycle"
      }
    },
    {
      "id": "event-3",
      "url": "https://www.newsprint.com/companies/tonkean/#event-3",
      "on": "2025-09-23",
      "date_precision": "day",
      "title": "Tonkean makes Proactive AI Agents generally available",
      "summary": "Tonkean made proactive AI agents available to all customers: pre-built Renewals, Third-Party Risk and Spend Anomaly agents that act before being asked, plus a no-code agent builder.",
      "kind": "Launch",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-tonkean"
      },
      "source": {
        "name": "Vendor blog",
        "url": "https://www.tonkean.com/blog/tonkean-announces-proactive-ai-agents--first-proactive-agents-for-enterprise-g-a-teams"
      }
    }
  ]
}