Zip is the world’s leading intake-to-procure solution. Providing a single platform for any employee to initiate a purchase or vendor request, Zip helps businesses gain clear and timely visibility across all purchases, while dramatically improving the employee experience. The platform’s no-code configuration and intelligent workflows integrated across disparate systems enable businesses to automatically route requests for faster approval across finance, legal, procurement, IT, security and other teams. Leading enterprises and high-growth startups like Databricks, Canva, Airtable, Webflow and over 100 others use Zip to streamline their procurement processes while delighting their business users.
Employees: 201-500
Total raised: $333M
Valuation: $1.5B
Founded date: 2020
Investors 2
| Date | Name | Website |
| 01.03.2022 | Y Combinat... | ycombinato... |
| - | Todd &... | toddandrah... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 21.10.2024 | Series D | $190M | - |
| 16.05.2023 | Series C | $100M | - |
| 25.05.2022 | Series B | $43M | - |
Mentions in press and media 22
| Date | Title | Description |
| 24.08.2026 | EULER Raises $4.3M in Seed Funding | EULER, a San Diego, CA-based provider of an agentic partner relationship management (PRM) platform, raised $4.3M in Seed funding. The round was led by Channel Equity Partners. The company intends to use the funds to expand its team across e... |
| 18.04.2026 | Traza Automates Industrial Procurement with Autonomous AI, Secures $2.1M Pre-Seed Funding | Traza secured $2.1M pre-seed funding. The NYC startup targets industrial procurement. It deploys autonomous AI agents. These agents handle vendor management, RFQ generation, order tracking, and invoice processing. This new approach aims to ... |
| 15.04.2026 | Traza raises $2.1 million led by Base10 to automate procurement workflows with AI | For decades, procurement has been the back office that enterprise software forgot. Billions of dollars flow through vendor negotiations, purchase orders, and supplier communications every year at the largest manufacturers and construction c... |
| 21.08.2025 | Brex aims to crack EU market with partnership-led approach | Brex, the US spend management platform, will not pursue an all guns blazing approach to cracking the EU market, but will adopt a more measured, partnership-led approach, according to a Brex executive heavily involved in its international pl... |
| 11.07.2025 | How Om Labs Is Building the Coworkers of the Future with Code | Created by Carl Williams Published: Jul 11 2025, 02:48 AM EDT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard |
| 10.06.2025 | Zip debuts 50 AI agents to kill procurement inefficiencies—OpenAI is already on board | Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Zip, the $2.2 billion procurement platform startup, unveiled a suite of 50 special... |
| 23.10.2024 | The Surge of AI in Data Security and Procurement: A New Era of Efficiency | In the fast-paced world of technology, two recent developments stand out. Cyera, a New York-based data security firm, has acquired Trail Security for $162 million. Meanwhile, ZipHQ, an AI-driven procurement platform, has raised $190 million... |
| 21.10.2024 | AI procurement platform provider Zip raises $190M, boosting valuation to $2.2B Your vote of support is important to us and it helps us keep the content FREE. One click below supports our mission to pr... | Artificial intelligence-powered procurement orchestration platform company ZipHQ Inc. revealed today that it has raised $190 million in new funding on a $2.2 billion valuation to accelerate research and development, develop AI-driven procur... |
| 21.10.2024 | Zip Raises $190M in Series D Funding | Zip, a San Francisco, CA-based provider of an AI-powered procurement orchestration platform, raised $190M in Series D funding at a $2.2B valuation. The round was led by BOND, with participation from DST Global, Adams Street, and Alkeon, alo... |
| 27.06.2024 | Exclusive: Zip’s AI procurement platform drives $4.4 billion in savings, reshaping enterprise spending | Don’t miss OpenAI, Chevron, Nvidia, Kaiser Permanente, and Capital One leaders only at VentureBeat Transform 2024. Gain essential insights about GenAI and expand your network at this exclusive three day event. Learn More Zip, an AI-powered ... |
Show more