Zip

San Francisco, US · founded 2020 · ~700 employees · zip.com

Zip sells an AI procurement platform. Employees use one front door to submit purchase requests. Zip routes each request for approval across finance, legal, IT, security and procurement, and connects to ERPs such as NetSuite and Oracle. Its products now cover intake-to-pay, sourcing, supplier onboarding, AP automation, payments and AI agents. Its customers are large enterprises, and Zip's site names T-Mobile, OpenAI, AMD, Mars and Dollar Tree. Zip was founded in 2020 and raised a $190M Series D led by BOND at a $2.2B valuation in October 2024. Total funding is reported at roughly $358–371M, and the company says it has processed over $500B in spend.

Enterprise AI

Also: procurement · sourcing · finance · cloudbased financial applications · purchasing · spend management · intaketoprocure · procuretopay · ai · procurement orchestration · software development · financial services

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Zip

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