Zip’s cover photo
Zip

Zip

Software Development

San Francisco, California 51,801 followers

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

About us

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.

Website
https://zip.com
Industry
Software Development
Company size
501-1,000 employees
Headquarters
San Francisco, California
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

    51,801 followers

    Last week we wrapped our AI Roadshow in Toronto, Redwood City, and Chicago! That makes eight cities and eight *incredible* rooms full of accounting and procurement leaders redefining the industry for the AI era. Want to find your flow with the next generation of AI for procurement? Join us at Zip Forward this September in NYC: https://lnkd.in/gAS2gNpV P.S. To the chef who crafted that dish with fog coming out of it – bravo!

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  • View organization page for Zip

    51,801 followers

    We just wrapped the third installment of Zip's Partner Advanced Enablement Workshop—and our first ever in EMEA! Over three days in London, we hosted attendees from our partners at Deloitte, KPMG, PwC, 4C, excelerated, and The Hackett Group Inc., diving deep into Zip's I2P, P2P, and AI implementation tracks. A huge thank you to our attendees Aryan K., Sydney Heinicke, Clinton Jonga, Julia Cullen, Philip Lüngen, Alok Jha, Danielle Bernini, Ben Lutzko, Cormac M., and Asma Noori MCIPS for the energy and engagement you brought all three days - and to our facilitators Daniel Herron and Ahmed K. for making it all come together! Want to get your team enabled with Zip training? Contact Eric S. Brown to learn more!

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  • View organization page for Zip

    51,801 followers

    Zip is hiring! We're expanding our team as we continue to build the future of AI for procurement. If you’re excited about helping top global enterprises achieve peak performance through smarter spend orchestration, we’d love to hear from you! - Principal Product Manager, Global Payments Platform and Controls https://lnkd.in/gZY5cajM - AI Forward Deployed Engineer https://lnkd.in/gMCrgsmC - Director, GTM Strategy & Operations https://lnkd.in/gea3GMbk Please reach out if interested or share with anyone you believe would be a good fit! For the full list of open roles, visit: https://ziphq.com/careers

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  • View organization page for Zip

    51,801 followers

    Your legal playbooks only work if someone enforces them. Now Zip's AI does it for you. Upload a playbook, and Zip extracts every clause and fallback position automatically. During contract review, it flags deviations and surfaces the approved language on the spot. Let legal set the rules. Let Zip enforce them. Learn more: https://lnkd.in/gRHtdedU

  • Zip reposted this

    Procurement has always carried friction. Requests vanish into inboxes. Approvals stall in endless loops. Visibility arrives too late to matter. Most vendors have denied that reality. Zip hasn't. Talk to Rujul, Lu and Felix and you feel it immediately: this is a founding team with a deep understanding of procurement pain points as actually lived by their customers, and the ambition to solve problems over a long time horizon. They have said they want Zip to be the global standard for AI in enterprise procurement in 2030. From what I’ve seen, that is not a press release ambition. It shows up in how they build: → massive investments in engineering, → an in-house team of former CPOs and procurement leaders advising customers directly, → and a very rigorous listening loop with their customer base. Zip understands something most vendors are still figuring out: AI in procurement without governance is just chaos at scale. They have built the orchestration layer that lets the enterprise define the guardrails, rules, and permissions needed to run procurement with agents, so speed and control are not in tension. This isn’t “bolt-on AI”. It’s native AI governance for the era where agents are doing real procurement work. And they’re fearless about doing that work end to end, from intake to pay. Here is the thing about Zip that often goes unsaid: they are making the whole space better. They have forced vendors who had grown comfortable to move faster. They have raised the bar on what enterprise buyers should expect. They’ve stimulated innovation in competitors. That is what category leaders do. That is why I am excited to announce we are partnering on content going forward. Expect practical breakdowns of what procurement orchestration actually looks like in the era of AI and where the real implementation challenges lie. Which topic do you want us to tackle first? Let me know in the comments 👇 _________________________ P.S. Every week I share frameworks, tools, and best practices that help procurement leaders navigate complex challenges. If you want to follow the thought leadership coming out of this partnership, join here: https://lnkd.in/gd7g2qQQ

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  • Zip reposted this

    Beschaffungsprozesse mit KI neu denken und Innovationen schneller vorantreiben? Dann schaut bei Zip auf dem Procurement Summit vorbei! 👀 Zip ist die KI-Plattform für Enterprise Procurement und unterstützt Unternehmen dabei, Beschaffung über Teams, Tools und Lieferanten hinweg intelligent zu orchestrieren. Mit KI-Agenten automatisiert Zip Prozesse, steigert die Effizienz und hilft Unternehmen, die Ressourcen zu sichern, die sie für nachhaltiges Wachstum und Innovation benötigen. 🤖 📍 Stand D11 Trefft Amanda Sabbarese, Adriano Minotti und Florian Wolf sowie das Team von Zip vor Ort und erfahrt, wie KI-gestützte Beschaffung Unternehmen dabei unterstützt, schneller, effizienter und erfolgreicher zu arbeiten. 🚀 #ProcurementSummit #Procurement #AI #ArtificialIntelligence #EnterpriseProcurement #DigitalTransformation #Innovation #Networking

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Funding

Zip 6 total rounds

Last Round

Series D

US$ 190.0M

See more info on crunchbase