Company overview

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.
Founded in 2020
San Francisco, California, USA
1K employees (73 in marketing)
66% recommend to a friend
76% positive business outlook

Salaries

Typical salary range

$118,000 – $130,000

/ yr

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People

Hiring activity

Open marketing jobs over time

6 open now

Headcount trend

Company growth over the last 12 months

Headcount +63.6% year over year

Funding

Total funding

$371.3M

Last raise

$190M

Series D, 1 years ago

Funding history

Oct 2024

Series D Zip · $190M

May 2023

Series C Zip · $100M

May 2022

Series B Zip · $43.3M

Aug 2021

Series A Zip · $26.8M

Aug 2020

Seed Round Zip · $125K

Aug 2020

Seed Round Zip · $11.1M

Audience

Monthly website visitors
265.6K
Month over month+6.1%
Quarter over quarter+66%
Top sourceDirect (63.5%)
Ad budget per month$46.0K
Average search rank43.4
Traffic source mix
Direct
63.5%
Search
27.1%
Referral
6.9%
Social
1.6%
Paid referral
0.8%

LinkedIn followers

Follower count and growth

Total followers

45.9K

12-mo growth

+87.7%

Monthly growth

+4.9%

News

Links