Zip’s cover photo
Zip

Zip

Software Development

San Francisco, CA 27,042 followers

The world's leading AI-powered intake and procurement orchestration platform

About us

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.

Industry
Software Development
Company size
201-500 employees
Headquarters
San Francisco, CA
Type
Privately Held
Founded
2020
Specialties
procurement, sourcing, finance, cloud-based financial applications, purchasing, spend management, intake-to-procure, procure-to-pay, AI, and procurement orchestration

Products

Locations

Employees at Zip

Updates

  • View organization page for Zip

    27,042 followers

    What really makes procurement transformation stick? At Zip Forward Europe, leaders from Just Eat Takeaway.com, Santander, Thames Water, Vizibl, and 4C Associates got real about what happens after you buy the tech. Technology is only part of the equation. Success hinges on people, culture, change management, and clear communication. Real stories. No sugarcoating. Just honest lessons from those who’ve led some of the UK’s most complex transformations. 📺 Watch the full session here: https://lnkd.in/eBxfDjBx

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  • View organization page for Zip

    27,042 followers

    🍷 Community. Conversation. Connection. We’re bringing the Zip community together for something truly special in San Francisco! On May 22, join us at The Progress for a special evening dedicated to celebrating women in procurement. Expect an unforgettable night of shared stories, powerful insights, and new relationships, all over incredible wine and food. It’s a relaxed, welcoming space for women across the industry to connect, learn from each other, and build lasting momentum in the procurement world. 📍 The Progress, San Francisco, 1525 Fillmore St, CA 94115 🔗 Reserve your spot now: https://lnkd.in/eVnK5CzC

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  • View organization page for Zip

    27,042 followers

    “Zip is our procurement function.” — Peter Lorimer, CFO at Betterment Betterment is one of the leading digital investment platforms in the U.S. But with a lean team of 500+, they needed a smarter way to manage procurement, without adding headcount. That’s where Zip comes in. Here’s what changed: 🧩 Cross-functional collaboration: Legal, finance, risk, and compliance all work together in one unified flow ⏱️ Faster throughput: Manual bottlenecks removed, approvals accelerated 🔎 Real-time transparency: Everyone knows where requests stand—no more chasing status updates 🙅♂️ 0 headcount needed: Betterment scaled procurement without hiring a dedicated team “Zip gives us the transparency and speed we needed—and helps us stay lean, nimble, and aligned as we grow.” See how Betterment powers procurement without a procurement team: https://lnkd.in/eiKXx2EN Want to see Zip in action? Schedule a demo: https://lnkd.in/g6bcCGyp

  • View organization page for Zip

    27,042 followers

    🎬 Zip is the presenting sponsor of Catalyst | LA Art of Procurement’s new flagship event for CPOs, happening May 6 in Hollywood. We’re proud to support this fresh take on executive connection, bringing together procurement leaders to shape what’s next. 👉 Learn more about Catalyst: https://lnkd.in/gm6msshc See you there. 👋 Meet the Zip team on site: Cody Barnes, Grace (Maria-Gracia) Larrea, Kylie Carlson 🌇 P.S. We’re kicking things off early with a rooftop gathering at Dream Hollywood on May 5. Good views, great people. RSVP here: https://lnkd.in/ebu5RPXk

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  • View organization page for Zip

    27,042 followers

    Two of procurement’s most unfiltered voices, live on stage at Zip Forward Europe. 🔥 Susan Walsh, a.k.a. The Classification Guru 🎙️ James Meads, Procurement Software They joined Zip’s Felix Meng and Nick Heinzmann, for a no-fluff panel on: 📈Dirty data, and why it’s still your biggest blocker 🤖The truth about AI in procurement (and what it won’t solve) 🇪🇺How European teams are stepping up as global process owners 🛠️The tools that are actually helping — and the ones that aren’t Missed it live? Now’s your chance to catch up. 🎥 Watch the full session here: https://lnkd.in/exx7Yg48

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  • Zip reposted this

    View profile for Grace (Maria-Gracia) Larrea

    Solutions Engineering | Ex-Procurement Leader | Ex-Mironeer | IPO Readiness | Global Process Owner and Transformation Leader | M&A Integration | Co-Founder - Somos Miro (Latine & Hispanic ERG)

    🪑 What separates a good C-suite from an excellent one? Here's what I can say from my experience growing and leading procurement teams. It’s simple: whether or not they give Procurement a real seat at the table. Here’s the difference: ✅ Good C-suites see Procurement as a cost center. ➡️ We’re looped in late, asked to “just get the contract done,” and judged on savings alone. 💎 Excellent C-suites know Procurement is a strategic function. ➡️ We get invited early — during scoping, budgeting, and vendor evaluation — because they value our ability to drive innovation, protect revenue, and mitigate risk. ✅ Good C-suites say “Procurement should work cross-functionally,” but don’t resource us. 💎 Excellent C-suites empower us with the tools and visibility to orchestrate across Legal, Finance, IT, and the business. ✅ Good C-suites invite Procurement to the table “when needed.” 💎 Excellent C-suites build a permanent seat at the table. We’re part of leadership conversations about vendor strategy, AI adoption, ESG, and more. An excellent C-suite doesn’t just listen to Procurement. They amplify our impact. To my procurement leaders and executives out there in the wild looking for resources, let me save you time, ask me about Zip and how it can help your team go from good to excellent! #Procurement #Leadership #StrategicSourcing #FutureOfWork #LatinasInTech #ProcurementOrchestration #zip

  • View organization page for Zip

    27,042 followers

    AI that actually delivers for procurement? Yes please. 👋 Join our co-founders Rujul Zaparde and Lu Cheng, alongside OpenAI's Kat Devlin, at DPW New York as they explore how agentic orchestration can drive real outcomes, not just headlines. This one’s going to be packed with insight (and action). 🔥 🔗 Secure your seat: https://lnkd.in/d6j_xSCt 📍June 11–12, NYC 🗽

    View organization page for DPW

    20,443 followers

    We're all interested in the theory, but we need the real-world application for AI to succeed in procurement. OpenAI's Kat Devlin and Zip's Rujul Zaparde & Lu Cheng are bringing us the best of both worlds in their session at #DPWNewYork. You'll leave the room with: 💡 Deep knowledge of agentic orchestration 📈 Actionable strategies to apply to your organisation #PutAIToWork, the right way - secure your spot for June 11-12 ➡️ https://lnkd.in/d6j_xSCt

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  • View organization page for Zip

    27,042 followers

    Zip is heading to Art of Procurement Catalyst | LA, and we’re starting the week in style. ☀️ Join us the evening before the main event for an exclusive rooftop gathering of procurement leaders. 🗓 May 5, 2025 📍 Dream Rooftop, Hollywood ⏰ 6:00 PM PT 🌇 Sunset views 🤝 Real conversation This is your chance to connect with fellow executives and unwind before Catalyst | LA, a day designed to help you script the next chapter in your procurement journey. 👉 Reserve your spot now: https://lnkd.in/ebu5RPXk

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  • View organization page for Zip

    27,042 followers

    📺 “I’ve been in procurement a long time, and I’ve never seen anything like it.” — Ilysa Laulom, Head of Procurement at Squarespace. From 40 days to 10. That’s how much Squarespace cut their procurement cycle time with Zip. And that’s not all. They consolidated suppliers, integrated risk and compliance workflows, and actually heard this from stakeholders: “I love the process.” In Ilysa’s words: 🛠️ Zip’s intake experience is unmatched 📉 Cycle time slashed by 66% 🔁 Real orchestration, not just intake forms 🎥 See how Squarespace modernized procurement from the inside out: https://lnkd.in/eYqdZXuU 👀 Want to see it in action? Request a demo: https://lnkd.in/g6bcCGyp

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Funding

Zip 6 total rounds

Last Round

Series D

US$ 190.0M

See more info on crunchbase