Zip

Zip

Zip is the AI platform for enterprise procurement, built for humans and agents working together.

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Industry
Software Development
Company size
1,396 people
Headquarters
San Francisco, California +2 more
Founded
2020
Type
Privately Held
Total funding
$371.3M

Zip is the AI platform for enterprise procurement, built for humans and agents working together. By orchestrating procurement across teams, tools, and suppliers with the help of AI agents, companies can secure the resources they need to innovate faster than ever before. The world’s most influential enterprises trust Zip, including T-Mobile, OpenAI, AMD, Mars, Dollar Tree, and more. Together they’ve saved over $8 billion and processed over $500 billion in spend. Zip’s team includes product leaders from Apple, Airbnb, and Meta, as well as former procurement leaders from United Health, Sanofi, MGM Resorts, Discover, and NASA. Backed by Adams Street, Alkeon, BOND, CRV, DST, Tiger Global, and Y Combinator, Zip has raised $371 million, most recently at a $2.2 billion valuation and has been recognized by Forbes Fintech 50, Fast Company's Most Innovative Companies, Inc. Best in Business, and LinkedIn Top Startups.

procurement sourcing finance cloud-based financial applications purchasing spend management intake-to-procure procure-to-pay AI and procurement orchestration

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