JAGGAER, formerly SciQuest, is a provider of cloud-based business automation technology for spend management headquartered at Morrisville, North Carolina, US. It has offices in Chicago, IL, US; Malvern, PA, US; Newtown Square, PA, US; Philadelphia, PA, US; Pittsburgh, PA, US; Vestal, NY, US; Abu Dhabi, UAE; Dubai, UAE; London, UK; Madrid, Spain; Mexico City, Mexico; Milan, Italy; Munich, Germany; Paris, France; Rawalpindi, Pakistan; Rome, Italy; Milan, Italy; Shanghai, China; Singapore; Sydney, Australia; and Vienna, Austria. The company’s tagline is Procurement Simplified. SciQuest conducted an IPO in 1999 following its establishment in 1995 as a B2B eCommerce exchange. In 2001, SciQuest transitioned from a B2B exchange company into eProcurement software and supplier enablement platforms. SciQuest was taken private in 2004 to continue its move into eProcurement, inventory management and accounts payable automation. SciQuest completed an IPO in September, 2010 raising approximately $57 million. SciQuest was taken private in June 2016 as part of an acquisition by Accel-KKR, a private equity firm headquartered in Menlo Park, CA. Robert Bonavito became CEO of SciQuest in September 2016, bringing 30+ years of leadership in the procurement and sourcing software space. Vic Chynoweth joined the company as CFO, in May 2018. In Q1 of 2017, SciQuest underwent a rebranding, emerging as "JAGGAER" with a more directed focus on a complete, integrated source-to-pay suite, coupled with Advanced Sourcing and Chemical Inventory Management. Along with the name change, the company expanded its market focus to manufacturing, healthcare, consumer packaged goods, retail, education, life sciences, logistics and public sector. JAGGAER acquired the European direct materials procurement specialist Pool4Tool in June 2017 giving it end-to-end direct as well as indirect materials procurement coverage. In Q4 of 2017, JAGGAER acquired spend management company BravoSolution, and entered into a joint venture with UAE based Tejari. Gartner, Inc. has named JAGGAER highest for Ability to Execute in its 2018 “Magic Quadrant for Strategic Sourcing Application Suites.” JAGGAER was named as a Leader in Gartner, Inc’s 2018 “Magic Quadrant for Procure-to-Pay Suites” in early 2018 and again in 2019. In February 2019 JAGGAER launched JAGGAER ONE, which unifies its full product suite on a single platform. In 2019 the UK-based private equity firm Cinven acquired a majority holding in the company. Jim Bureau was subsequently named JAGGAER's Chief Executive Officer. Bureau joined JAGGAER in 2018 and had been responsible for the company’s customer success, sales and commercial operations globally. Prior to JAGGAER, Bureau served in senior leadership positions within several software organizations including Verint Systems/KANA Software, Shared Health, Pegasystems and Oracle. Vic Chynoweth was named to the new post of Chief Operations Officer, as well as CFO.
Product Categories
The JAGGAER ONE platform supports the following products:
