To unblock innovation by helping businesses procure with the fastest process, least risk, and best value.

In 2020, Rujul Zaparde, Lu Cheng, and Felix Meng co-founded Zip. Their goal was to transform the slow, messy process of procurement with an AI platform purpose-built for the complexity of enterprise B2B purchasing.
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Having pioneered a new category with the launch of intake and orchestration, Zip has since launched a fleet of AI agents to unify and streamline the entire procurement process from intake to pay.
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In partnership with our Enterprise Transformation Office, an in-house advisory team made up of former procurement leaders from major enterprises, Zip customers redesign their operations to procure with the fastest process, least risk, and best value.
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The world’s most influential enterprises trust Zip, including T-Mobile, OpenAI, Mars, Dollar Tree, Anthropic and more. Together they’ve saved over $6.8 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.