Zip’s cover photo
Zip

Zip

Software Development

San Francisco, California 47,751 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://ziphq.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

    47,751 followers

    Zip is hiring! We're expanding our engineering teams as we continue to build the future of AI for procurement. If you’re excited about helping top global enterprises achieve peak performance with cutting-edge AI, we’d love to hear from you! - Senior PM, App Studio & Marketing Place: https://lnkd.in/e8cnF6R7 - Tech Lead Manager, Infrastructure: https://lnkd.in/gfBjT7CG - Senior Application Security Engineer: https://lnkd.in/g9U4wyXx 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

    47,751 followers

    And that’s a wrap! Thank you to all of the attendees, our wonderful partners, and our amazing speakers for making Zip Forward Europe a day to remember. All together, it was a true master class on how global businesses can scale AI for procurement and finance.

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  • Zip reposted this

    Today Zip launched AI Contract Orchestration and I am genuinely proud of what this team built and what it means for the people who are going to use it. I have spent months in customer conversations, analyst briefings, and enablement sessions all centered on one problem: buy-side contracting is broken and everyone has been trying to fix it from the wrong starting point. What we built is different. These are AI agents that actually do the work. Automatically reviewing contracts against your legal playbook, surfacing risk, drafting language, routing agreements to the right people, and tracking every obligation long after signature. And because Zip already lives at the moment a contract is originated, the AI has context no standalone CLM will ever have. The numbers are already showing up. 51% reduction in contract cycle times. Outside legal hours cut in half. Manual contract requests down 50%. With customers like Dollar Tree Stores, N26, and Bandwidth Inc. already seeing results. What I am most proud of is the team behind this. Months of work, thousands of decisions, zero cutting corners. You can feel it in everything we put out. Read the full announcement: https://lnkd.in/eWn6Enur #Procurement #LegalOps #ContractManagement #ProcureTech #AIContracts

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  • Zip reposted this

    AI Agents are coming to Procurement. But without Orchestration, they’ll simply be very fast at making the same old mess. I’ve spent a lot of time recently thinking about the promise of "Agentic AI"—those autonomous entities capable of sensing risk and sourcing suppliers in real-time. But there is a hard truth we need to address: an agent is only as effective as the environment in which it operates. I’m at Zip Forward in London today, and the theme "Agents of Change" feels spot on. For AI to move beyond the hype and into genuine enterprise application, it requires a robust orchestration layer. You simply cannot deploy an autonomous agent into a fragmented, manual process and expect a strategic result. Orchestration provides the "digital rails" AI needs to actually work: 1️⃣ Contextual Data: Agents need a real-time view of the truth across the intake lifecycle, not departmental silos. 2️⃣ Embedded Governance: We can empower agents to act whilst maintaining the guardrails necessary for the enterprise. 3️⃣ Human-Centricity: Orchestration lets AI handle the "heavy lifting," whilst elevating our roles to be truly strategic. By putting data at the head centre of the process, we finally position Procurement at the very heart of business transformation. If you’re here at the event, what’s the one process you think is most ready for an AI agent to take over? #ZipForward #AgenticAI #ProcurementTech #DigitalTransformation #Orchestration #SupplyChain #Innovation #Leadership

  • View organization page for Zip

    47,751 followers

    Introducing AI Contract Orchestration from Zip. With AI Contract Orchestration, Zip brings procurement, legal, and finance into a single coordinated process for buy-side contracting. AI agents handle triage and risk flagging, and can even complete low-risk reviews to allow legal teams to focus on more high-value work. "Zip's AI Contract Orchestration tool has been a game changer for our team. We've already seen our NDA turnaround decrease by 60%. It’s a dramatically improved workflow." - Cathy Reynolds, Director of Global Sourcing Vendor Management at Bandwidth Inc. Read the full announcement: https://lnkd.in/eWn6Enur

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  • View organization page for Zip

    47,751 followers

    Zip CEO Rujul Zaparde opened the keynote with a simple but powerful truth: “We’re living through a transformational moment, where AI agents have gone from experimental to essential in our workflows.” Purpose-built AI agents are what will finally allow teams to truly automate the important but highly manual work that has bogged down procurement teams in the past.

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  • View organization page for Zip

    47,751 followers

    And here we go! Doors are officially open here at Zip Forward Europe. Excuse us while we take a moment to soak up the excitement before the keynote kicks off. If you’re not here with us today, make sure to check back in a couple of hours to find out what we’re announcing 🤐

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Funding

Zip 6 total rounds

Last Round

Series D

US$ 190.0M

See more info on crunchbase