Zip

We’re excited to announce that Zip has raised $190 million in Series D funding, bringing our valuation to $2.2 billion. This round was led by BOND, with new investors DST Global, Adams Street Partners, and Alkeon Capital joining us, along with continued support from our existing partners Y Combinator and CRV. This funding marks the largest investment in procurement technology in over two decades. But more importantly, it reflects the trust of every customer who has relied on Zip to transform their procurement processes. Just last month, Zip was named the category creator and a leader in the IDC MarketScape: Spend Orchestration 2024, underscoring our role as an innovator in the space. With this new funding, we’re doubling down on innovation to deliver even more value for our customers. We’ll accelerate R&D to build best-in-class procurement solutions, launch the Zip AI lab, and expand our global reach—particularly in EMEA, where we’ve seen over 200% growth in the past year. Our holistic approach has transformed operations for industry leaders like Prudential Financial, Snowflake, Instacart, and Northwestern Mutual—with Zip processing over $107 billion in spend, managing 3.9 million suppliers, and helping our customers save over $4.4 billion. With this latest funding round, Zip is poised to become the global standard for enterprise business spend. As we push the boundaries of procurement technology, we remain dedicated to our core vision: orchestrating the flow of business so companies, markets, and economies can have a greater impact on the world. Read more on our blog: https://lnkd.in/gtarj2bp We’re just getting started—thank you for being part of the journey. 🚀

The Zip team is heading to SIG|ORG Charlotte 1-Day Event on February 27! If you haven’t registered yet, practitioners can attend for free. 🙌 👉 Register here: https://lnkd.in/e9aw52i2 We’re hosting a fireside chat with Patrick Eckhert, Director of Procurement at Motional, where he’ll share insights from Motional’s procurement journey and how organizations can leverage procurement orchestration to drive cost savings, innovation, and compliance. 🔥 We’ll also wrap up the day with a tour of the NASCAR Hall of Fame. 🏁 🏎️ 👀 🤝 Want to meet the Zip team onsite? Schedule time with us here ⬇️ https://lnkd.in/ekBqpw9S 

🎬 Behind the scenes in New York! 🗽 We just wrapped up filming another incredible installment of our Procurement at Peak Performance video series—featuring top procurement leaders sharing their transformation stories. We’re excited to bring these insights to life—stay tuned for more! 👀 Jessica Krug

A whopping 99% of finance and procurement leaders report challenges with their legacy P2P systems. Are you stuck in the same cycle? 🚳 Learn how intake and orchestration address the four hidden costs of outdated P2P systems—driving faster approvals, higher adoption, and real-time visibility. 📖 Get the free guide: https://lnkd.in/eJ3YvC4E

🗽That's a wrap on Zip Exec Summit in New York! Big ideas, great discussions, and an unforgettable Nasdaq bell ringing! 🔔 A special thank you to Al Williams, Oliver Gall, and Matthew Hatch for the incredible sessions! Missed our New York Summit? We’re coming to London 🇬🇧, Israel 🇮🇱, Sydney 🇦🇺, Chicago 🌆, and San Francisco 🌉 this spring! Stay tuned. 👀

Navigating the future of supplier management starts here. 👇 Zip is proud to sponsor the State of Flux Virtual Supplier Management Summit – EMEA on February 25th. This exclusive event brings together procurement professionals from around the world to explore the latest SRM research, best practices, and trends shaping supplier relationships today. Join industry leaders as they uncover insights from surveying over 300 organizations worldwide—helping procurement teams strengthen supplier collaboration, drive efficiencies, and gain a competitive edge. 📅 Date: 25th February 2025 📍 Virtual Event 🔗 Register now via the link in the comments section. ⬇️ Let’s keep procurement moving forward. See you there! 🫡

🗽🚖 Zip Exec Summit New York takes over Nasdaq! 17 degrees, 17 Zipsters, and one stage—bringing together New York’s top procurement executives to shape the future of enterprise orchestration. The next era of procurement starts here. 🌊

🏆 🎉 Zip was named to Forbes Fintech 50! https://lnkd.in/eG2Q8NHH Forbes recognized Zip as one of the 'Newcomers to the Fintech 50 2025' and included us in 'The Future of Wall Street and Enterprise: Fintech 50 2025' list. Forbes highlighted Zip as a standout in enterprise fintech, sharing: "Notable newcomers providing enterprise software for businesses include procurement startup Zip, which raised a $190 million Series D round in October at a $2.2 billion valuation, marking one of the largest fundraises in 2024. Zip makes software that organizes and orchestrates the complex processes of procurement, visualizing the steps necessary for a business to complete a purchase, and it now has hundreds of customers, including OpenAI, Snowflake and Prudential." We’re honored to be recognized alongside the most innovative companies shaping the future of fintech. 👉 Read more about Zip and the full Forbes Fintech 50 list here: https://lnkd.in/gFXdKR5U

Did you know you could love a procurement platform? Happy Valentine's Day from Zip 💙

That’s a wrap on Zip Together 2025! 🚀 This week, our incredible team from around the world came together in San Francisco, aligning, innovating, and setting the course for the year ahead. This year’s theme: Moonshot, going boldly where no procurement company has gone before. We heard from customers and industry thought leaders 🎤, unveiled our AI-powered product roadmap 🤖, dove into global market expansion 🌍, and set the stage for the future of intake and procurement orchestration 🌊. Huge thanks to the team that got us here and the momentum driving us forward. 2025 is going to be our biggest yet. Stay tuned! 👀