Founded in 2020, Zip operates an AI-powered procurement orchestration platform designed to transform how enterprises manage spend from intake to pay. The platform uses no-code configuration and intelligent workflows to integrate across disparate systems, automatically routing requests for faster approval across finance, legal, procurement, IT, security, and other teams.
The company has raised $370 million in funding and achieved a valuation of $2.2 billion. It serves over 100 enterprise customers, managing billions of dollars in spend through its platform. Key technical domains include artificial intelligence, no-code configuration, and intelligent workflow automation.
Zip's platform addresses the enterprise procurement sector, providing orchestration capabilities that connect various internal systems and departments. The company's technology stack focuses on AI-driven automation to streamline procurement processes and reduce manual intervention across organizational workflows.
