Zip

About Zip

Zip is a leading AI-powered procurement orchestration platform that enables businesses to streamline procurement processes, mitigate risks, and drive growth by unifying teams, tasks, and tools involved in supplier interactions. Trusted by hundreds of enterprises worldwide, including AMD, Anthropic, Arm, Canva, Coinbase, Discover, Dollar Tree, HP, Instacart, Lyft, Northwestern Mutual, Pinterest, Prudential, Reddit, Sephora, Snowflake, Sprouts Farmers Market, and Toast, Zip helps organizations maximize the ROI of every dollar. In October 2024, Zip secured a $190 million Series D funding round at a $2.2 billion valuation, marking the largest investment in procurement technology in over two decades. The company has processed over $107 billion in customer spend to date, collectively saving over $4.4 billion, with Snowflake alone achieving $305 million in savings. Zip has earned numerous awards, including Fast Company's Next Big Things in Tech, Inc.'s Best in Business, Forbes 2025 Fintech 50, and Forbes 2025 America's Best Startup Employers, along with coverage in Fortune, Bloomberg, VentureBeat, and TechCrunch. Industry analyst IDC recently created a new 'Spend Orchestration' category, with Zip named the leader.

Company Details

Website

https://www.zip-formerly-zip-hq.com

Funding

Series D - $190M (October 2024), Total Raised: $371M

LinkedIn

https://www.linkedin.com/company/theziphq/

Specializations

• Enterprise
• Procurement
• AI/ML
• SaaS
• Fintech

Certifications

• SOC 2 Type II
• SOC 1 Type II
• GDPR Compliant

Products & Solutions (1)