Founded in 2020, Zip has rapidly established itself as the world's leading AI-powered procurement orchestration platform, transforming how enterprises manage spend from intake to pay. The company's platform combines AI, no-code configuration, and intelligent workflows to integrate across disparate enterprise systems, automatically routing procurement requests for faster approval across finance, legal, procurement, IT, security, and other teams. Zip manages billions of dollars in spend for leading companies.
The company has attracted significant capital backing, raising $370 million in total funding at a valuation of $2.2 billion. It serves over 100 enterprise customers across the procurement and spend management verticals. Zip's technical foundation spans artificial intelligence, no-code platform development, intelligent workflow design, and systems integration.
Zip has been named a Visionary in the 2026 Gartner Magic Quadrant for Source-to-Pay and recognized in LinkedIn's 2025 Top Startups list, reflecting its rapid ascent in the enterprise software landscape.
