Zip logo — Zip is the AI platform for enterprise procurement, built for...

Zip

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

Founded 2020 United States San Francisco, United States 1252 employees D Total: $181.33M Enterprise, Finance +1

General Information

Company Name Zip
Founded Year 2020
Location United States San Francisco, United States
Founders / Decision Makers
Team member
Employees 1252
Industries Enterprise, Finance, Information Technology
Funding Stage D
Social

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About Zip

Zip is the world's leading intake-to-pay solution, offering employees a single platform to initiate purchases or vendor requests. The platform provides businesses with clear visibility across all purchases and improves the employee experience. With a no-code configuration and intelligent workflows integrated across systems, Zip enables automatic routing of requests for faster approval across various teams including finance, legal, procurement, IT, and security. Notable clients such as Snowflake, Canva, Discover, and Notion use Zip to streamline procurement processes. The company, founded in 2020 and headquartered in the United States, recently secured a $100.00M Series C investment on 15 May 2023 from investors including CRV, Y Combinator, and Tiger Global Management. With its innovative approach and strong client base, Zip continues to demonstrate potential for growth and disruption in the finance and information technology industries.

Business keywords: intake-to-pay solution, procurement processes, vendor request management, no-code configuration, intelligent workflows, enterprise solutions, business process automation, expense management, purchase request, workflow automation, enterprise software, employee experience, finance automation, business management, automated approval workflows

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Series C $100.00M 2
CRV, Y Combinator
15 May 2023
Series B $43.30M 2
CRV, Y Combinator Continuity Fund
25 May 2022
Series A $26.80M 3
CRV, Y Combinator Continuity Fund +1
01 Aug 2021
Seed Round $125.00K 1
Twenty Two VC
25 Aug 2020
Seed Round $11.10M -
01 Aug 2020

Zip Alternatives & Competitors

View All Alternatives
Zip vs
Pagero
Pagero Sweden

The global network for automated business transactions

Post-IPO Debt
634 employees
Enterprise, Financial Services
Zip vs
MetaSource
MetaSource United States

AI-Powered Business Solutions that Enable You to Do More with Less

Debt Financing
446 employees
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Zip vs
InsurIQ
InsurIQ United States

Intelligent Insurance Technology

Series B
5 employees
Enterprise, Information Technology

FAQ About Zip

Zip is the AI platform for enterprise procurement, built for humans and agents working together.
Zip was founded in 2020.
Zip is headquartered in San Francisco, United States.
Zip operates in Enterprise, Finance and Information Technology. Its work centres on intake-to-pay solution, procurement processes, vendor request management and no-code configuration.
Zip has approximately 1252 employees.
Zip has completed 5 funding rounds, raising a total of $181.33M. The latest funding stage is D.
Top alternatives and competitors to Zip include Pagero, MetaSource, InsurIQ, Syndatis, RunMyProcess. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Zip and Pagero are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Zip, https://bouncewatch.com/company/zip, updated 19 May 2026. When citing, please name BounceWatch and link this page.

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