Zip is an AI-powered enterprise procurement platform designed to orchestrate procurement across teams, tools, suppliers, and AI agents. The platform helps organizations secure the resources they need faster by streamlining procurement workflows and improving collaboration across the business. Trusted by companies including OpenAI, AMD, Dollar Tree, Mars, and Canva, Zip has processed more than $500 billion in spend and helped customers save over $8 billion.
Founded in 2020, Zip combines procurement orchestration with AI-driven automation to support faster purchasing decisions and operational efficiency. The company’s leadership team includes former product and procurement leaders from organizations such as Apple, Airbnb, Meta, United Health, NASA, and MGM Resorts. Zip has raised more than $370 million and has been recognized by Forbes Fintech 50, Fast Company’s Most Innovative Companies, Inc. Best in Business, and LinkedIn Top Startups.
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.
Product Strengths
Zip is the only procurement orchestration platform validated to run full source-to-pay natively.
Zip has the deepest support for both process and systems orchestration powered by a natively built integration platform.
Zip has to most widely deployed AI agents in procurement, with more than 200,000 agent runs executed monthly.
Zip is the most future-proof procurement orchestration platform, with $371 million raised and scale to support complex global enterprise deployments.
Ideal Customer
Companies in North America, EMEA, APJ with an annual revenue range of $100M - $3B+
