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Zip is the world’s leading AI-powered procurement orchestration platform, empowering businesses to accelerate the procurement process, mitigate risk, and drive growth by offering a single front door to unify the teams, tasks, and tools involved in working with suppliers. With Zip, businesses can maximize employee adoption of purchasing policies and increase spend visibility and control. As the leading solution for optimizing business spend, Zip’s AI-powered platform is trusted by hundreds of leading 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 to maximize the ROI of every dollar. Zip in October of 2024 secured a $190 million Series D at a $2.2 billion valuation marking the largest investment in procurement technology in over two decades. Zip’s impact has been transformative: over $107 billion in customer spend processed to date and collectively saving over $4.4 billion. Snowflake alone achieved $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

Employees
956
Founded
-
Address
680 Folsom St,
Industry
Software Development
NAICS
Software Publishers
HQ
San Francisco, California
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News

Zip State of Spend: Companies Shift from People to Tech - Procurement Magazine

Zip State of Spend: Companies Shift from People to Tech Procurement Magazine

Zip Marks Fifth Anniversary with New Offices in San Francisco and New York - citybiz

Zip Marks Fifth Anniversary with New Offices in San Francisco and New York citybiz

Zip Named to Forbes Fintech 50 as Procurement Innovation Leader - Business Wire

Zip Named to Forbes Fintech 50 as Procurement Innovation Leader Business Wire

Streamlining Enterprise Procurement: How Zip’s $190 Million Series D Is Revolutionising Business Spend - Forbes

Streamlining Enterprise Procurement: How Zip’s $190 Million Series D Is Revolutionising Business Spend Forbes

Zip Raises $43 Million in Series B - The SaaS News

Zip Raises $43 Million in Series B The SaaS News

Zip's AI-Powered Procurement Orchestration Platform Achieves 200% Growth in EMEA, Expands Regional Team - Silicon Canals

Zip's AI-Powered Procurement Orchestration Platform Achieves 200% Growth in EMEA, Expands Regional Team Silicon Canals

Zip Becomes First Procurement Platform Named Finalist in Fast Company's Innovation by Design Awards - Lelezard

Zip Becomes First Procurement Platform Named Finalist in Fast Company's Innovation by Design Awards Lelezard

Zip and 4C Associates Join Forces To Revolutionize Procurement - Business Wire

Zip and 4C Associates Join Forces To Revolutionize Procurement Business Wire

Zip Introduces New Enterprise Capabilities To Help the World’s Largest Organizations Modernize Global Procurement and Drive Cost Savings - Business Wire

Zip Introduces New Enterprise Capabilities To Help the World’s Largest Organizations Modernize Global Procurement and Drive Cost Savings Business Wire

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