Zip

📍 San Francisco, United States🗓 Founded 2020👥 1,164 employees💰 Last funded Jan 2025
Software Development🌐 ziphq.com
Website LinkedIn
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 Americas 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.
8
Total investors
4
Early stage
4
Mid stage
0
Late stage
2020
Founded

Investors

8 investors
All
Early stage
Mid stage
Late stage
Investor geography3 countries
United States
6
Canada
1
United Arab Emirates
1
Investor activity2020–2025 · investors recorded per year
2020120211202222024320251
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Zip?
Zip has 8 investors on record on gritt.io, including 4 early-stage backers, 4 mid-stage.
When did Zip last raise funding?
The most recent investment in Zip recorded on gritt.io was in January 2025.
When was Zip founded?
Zip was founded in 2020.
What industry is Zip in?
Zip operates in Software Development. Find similar Software Development investors on gritt.io.
Where is Zip based?
Zip is headquartered in San Francisco, United States.