Our mission
To unblock innovation by helping businesses procure with the fastest process, least risk, and best value.
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When procurement flows, business flows
From revolutionary technology to breakthrough medical treatments, innovation doesn't happen in a vacuum. Companies rely on suppliers to provide the resources they need to innovate faster, operate more efficiently, and drive greater impact.
Zip is a procurement orchestration platform that allows employees, stakeholders, and procurement teams to better connect with the world’s suppliers so business can flow.
Zip is a procurement orchestration platform that allows employees, stakeholders, and procurement teams to better connect with the world’s suppliers so business can flow.
Built for global scale
$4.4B
saved by Zip customers
3.9M
vendors managed in Zip
78K
vendors analyzed with Zip AI
140+
countries supported for payments
We knew procurement didn’t have to be painful
Rujul Zaparde
CEO and Cofounder
Lu Cheng
CTO and Cofounder
In 2020, Rujul Zaparde and Lu Cheng co-founded Zip. Their goal was to transform the slow, messy process of procurement into an effortless experience that could deliver unmatched value to businesses worldwide. With the launch of Zip's leading Intake-to-Procure solution, they set a new standard for the industry by bringing a consumer-grade user experience to B2B purchasing.
Today, Zip has grown into a powerful procurement orchestration platform that helps companies of all sizes procure with the fastest process, least risk, and best value so they can drive greater impact on the world. By streamlining intake, sourcing, vendor management, purchase orders, and global payments in one flexible platform, Zip provides unmatched transparency and control over how and when purchases are made.
Our passionate team of 300+ serves a diverse range of customers including Prudential, Snowflake, Instacart, and Northwestern Mutual, who have transformed their financial and procurement operations with Zip.
Zip’s investors include Adams Street, Alkeon, BOND, CRV, DST, Tiger Global, and Y Combinator. In October 2024, Zip announced a $190 million Series D funding round at a $2.2 billion valuation.
Today, Zip has grown into a powerful procurement orchestration platform that helps companies of all sizes procure with the fastest process, least risk, and best value so they can drive greater impact on the world. By streamlining intake, sourcing, vendor management, purchase orders, and global payments in one flexible platform, Zip provides unmatched transparency and control over how and when purchases are made.
Our passionate team of 300+ serves a diverse range of customers including Prudential, Snowflake, Instacart, and Northwestern Mutual, who have transformed their financial and procurement operations with Zip.
Zip’s investors include Adams Street, Alkeon, BOND, CRV, DST, Tiger Global, and Y Combinator. In October 2024, Zip announced a $190 million Series D funding round at a $2.2 billion valuation.
Our values
1
Be the underdog
As underdogs, we work harder, smarter, and faster to win. We operate with grit, resourcefulness, and a sense of urgency
to challenge the status quo and innovate.
2
Just own it
As owners, we invest in our work's success, emphasizing attention to detail. We're committed to excellence, aiming to improve our outcomes and environment.
3
Go upstream
We listen and go upstream to understand root problems, striving for deep empathy
and impactful solutions that truly resonate with our customers' needs.
4
Win as one
We believe in the power of unity, valuing collaboration and collective effort
over individual achievements to deliver superior results.
5
Make it delightful
Our aim is to delight, blending fun with seriousness to create exceptional finance and procurement experiences that truly stand out.
6
Be Zippy
Speed and innovation drive us. We quickly turn ideas into reality, prioritizing customer feedback and agile, impactful actions in all we do.
Our investors
Highlighting our journey in the media
