Zip, founded in 2020, is an AI-powered procurement orchestration platform designed to transform how enterprises manage spend from intake to pay. The platform uses intelligent workflows and no-code configuration to integrate across disparate systems, automatically routing requests for faster approval across finance, legal, procurement, IT, security, and other teams. It manages billions of dollars in spend for its customers.
The company has secured $370 million in funding and is valued at $2.2 billion. It serves over 100 customers in the enterprise procurement and spend management sectors. Its technical domains include AI, procurement orchestration, no-code configuration, intelligent workflows, and system integration.
