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

EnterpriseArtificial IntelligenceProcurementSaaS
Company overview

About Zip

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.

Purpose

Mission and direction

Zip is an AI-powered enterprise procurement platform that helps organizations orchestrate purchasing across teams, tools, and suppliers. By combining human expertise with AI agents, Zip enables companies to streamline procurement, improve control and visibility, and unlock faster innovation at enterprise scale.

How they work

Company values

  • Ownership
  • Open communication
  • Underdog mindset
  • Innovation
  • Customer focus
  • Collaboration