Coupa Software shares skyrocketed more than 90 percent in its market debt on the Nasdaq Thursday.

Coupa CEO Rob Bernshteyn said the billion dollar cloud-computing company is focused on adding value that drives customers forward.

The Silicon Valley based company has worked with brands like Nike, Sanofi, Barclays, and Toyota; saving costumers on the Coupa clouding platform $8 billion.

"We are going after a huge, total addressable market. We are managing our growth very very carefully. For every investment dollar we have burnt, we have created a dollar in recurring revenue - that is how we are looking at this business," said Bernshteyn on CNBC's " Squawk Alley."

Explaining that since profitability never goes out of style, Bernshteyn said "that is what we are going for our customers."

Coupa follows another cloud-computing company's IPO footsteps. Last Friday, Nutanix stock made a successful debut - soaring 130 percent on its first day of trading.